Dogecoin (DOGE) May Transition to a Deflationary Model, Opening the Door to New Levels of Value

The crypto world is buzzing after explosive comments from Dogecoin co-founder Billy Markus, who recently revealed on X (formerly Twitter) that Dogecoin has the potential to become deflationary

The crypto world is buzzing after explosive comments from Dogecoin (DOGE) co-founder Billy Markus, who recently revealed on X (formerly Twitter) that the meme coin could become deflationary.

"I could open a merge request on GitHub, and if we got consensus from miners and the community, we could switch to a deflationary model," Markus stated.

Dogecoin May Be Facing a Turning Point in Its Inflation Model

Dogecoin usually has a fixed annual issuance of 5 billion coins, which has led many to dismiss it as an "infinitely expanding" or "inflationary" meme coin. However, if a merge request is initiated on GitHub and consensus is reached among miners and the Dogecoin community, the door opens for transitioning to a deflationary model.

Currently, Dogecoin's total supply has reached 146.78 billion coins, and the inflation rate is decreasing year over year as the supply growth becomes a smaller percentage of the total. This means that Dogecoin might already be moving toward economic scarcity, and with a code-level shift, deflation could be achieved.

Elon Musk Joins the Conversation: "Dogecoin Beats the Dollar"

Joining the conversation, Elon Musk defended Dogecoin's current model, stating that its stable inflation rate is a unique advantage, not a flaw.

"People say Dogecoin has high inflation, but it's stable, like 7% per year, while the dollar's inflation is variable and increasing," Musk noted. He went on to claim that Dogecoin has better anti-inflationary properties than the US dollar.

The Tesla CEO's support has noticeably boosted interest in DOGE, leading to a surge in social sentiment, trading volume, and speculative buzz.

Trump-Backed Conan (Golden Dog) Gains Momentum

While Dogecoin continues to dominate headlines, another meme coin is making waves: Conan (Golden Dog). Widely recognized as the only meme token endorsed by Donald Trump, Conan has emerged as a fan-favorite among politically engaged investors and meme coin enthusiasts.

Unlike other meme projects, Conan thrives on narrative power and community momentum, quickly attracting massive attention whenever the market shows signs of recovery. With a politically charged backstory and high visibility on social platforms, Conan (Golden Dog) is becoming an essential watchlist token for 2025.

Deflation Narrative Sparks Broader Market Interest

The growing conversation around Dogecoin's potential deflation is already having ripple effects across the crypto landscape. Keywords like "Dogecoin deflation," "Billy Markus GitHub request," and "Elon Musk Doge support" are trending across major platforms, boosting visibility and engagement.

Whether it's the potential shift in Dogecoin's tokenomics or the rise of alternative narrative-driven meme tokens like Conan, it's clear that the meme coin era is far from over—and might just be getting more serious than ever before.