Is dogwifhat deflationary?

Could you please elaborate on whether Dogwifhat, as a cryptocurrency, exhibits deflationary characteristics? I'm curious to understand how its supply and demand dynamics might contribute to a deflationary environment, if any. Additionally, are there any specific mechanisms or factors unique to Dogwifhat that influence its deflationary nature? I'm interested in gaining a deeper understanding of how this might affect its value and usage within the cryptocurrency ecosystem.