Cryptocurrency Q&A
Why is there no hard cap on DOGE?
Why is there no hard cap on DOGE?
Filippo
Mon Dec 02 2024
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6 answers
1080
I'm wondering why Dogecoin doesn't have a hard cap on its total supply like some other cryptocurrencies. What's the reason behind this decision? Is it because of its inflationary nature or are there other factors to consider?
6 answers
CherryBlossomPetal
Wed Dec 04 2024
The primary intention behind Dogecoin's creation was to incorporate inflation into its system.
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CryptoPioneer
Wed Dec 04 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of Dogecoin users.
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Margherita
Wed Dec 04 2024
This inflationary nature ensures that the availability of Dogecoin increases gradually over time.
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Nicola
Wed Dec 04 2024
By having a larger supply, Dogecoin aims to maintain the affordability of transactions.
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CryptoLordGuard
Wed Dec 04 2024
This strategy contrasts with many cryptocurrencies that have a limited supply, often leading to increasing prices as demand grows.
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