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  1. When it comes to cryptocurrency, the one way that coins attempt to increase its value and at the same time account for inflation and how it has affected the economy, is through the halving events that occur. This is to increase the difficulty of the mining process for that coin, so that less coins are introduced per block that is mined, and it is when the supply is getting closer to its full extent. All coins generally have a finite supply of coins that can be introduced into the market. However, this is not the case when it comes to dogecoin. Dogecoin was initially supposed to have a supply of 100 billion coins, however this is not the case, and the supply is not capped at the moment. In fact, I believe that from what I have read online it seems that there is 5 billion new coins introduced into the dogecoin system every year. This is quite substantial. This infinite supply of the coin and the fact that the mining difficulty has not changed has made it very profitable for those to mine dogecoin and profit a lot from it with its recent process. However, perhaps there is too much of this coin that is out there. It is my opinion that the fact that there is an infinite supply is stumping the growth of dogecoin and this may make it harder for its price to increase and reach the values that people may want it to. What is your opinion on this? Is there any way that we can solve this? My thought is that the owners of the coin should stop minign of the coin and leave all that is in circulation now. This will make the coin more valuable and drive up the price as well.
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