Dogecoin's long-term performance illustrates an interesting phenomenon: a micro-inflation model can indeed continuously motivate miners and mining farms to participate. This design maintains network security while also ensuring participants' incentive to earn rewards. Recently, a new type of POW+Meme combined coin has appeared in the market, seemingly aiming to replicate this successful approach. Some believe that these new projects could become the next wave of star coins, with the positioning of "Bitcoin for young people" attracting considerable attention. However, whether they can truly sustain Dogecoin's success depends on their performance in decentralization and community consensus.
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HashRateHermit
· 21h ago
That micro-inflation model of Dogecoin is indeed perfect, but copying new projects? Uh... most of them are just using the guise of "Bitcoin for young people" to harvest profits. Neither decentralization nor community consensus can be achieved.
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VirtualRichDream
· 21h ago
Another bunch of projects trying to ride the Dogecoin hype, really not afraid of death. The micro-inflation approach has been played out long ago.
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StableNomad
· 21h ago
nah statistically speaking these pow+meme hybrids are just doge larping... reminds me of uniswap clones back in 2021, everyone thought they'd crack the code lol. the micro-inflation thing works for doge bc it actually has *something*, not just vibes and a whitepaper. risk-adjusted returns on these new projects? idk fr, looks like premium pricing for discount fundamentals 🤔
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RektCoaster
· 21h ago
Dogecoin's persistence until now is truly mystical; the micro-inflation strategy looks simple but actually works. I'm a bit confused by those new POW+Meme projects... feels like they're just trying to ride the trend. Decentralization and community are the real tests.
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BlockchainWorker
· 21h ago
Dogecoin has been able to stay popular for so long for one reason — the community is really strong. Those new coins want to copy? Ha, first get the community consensus sorted out.
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BridgeJumper
· 21h ago
Doge was really impressive this time, but the projects that follow want to copy? Hehe, community consensus isn't that easy to ride on.
Dogecoin's long-term performance illustrates an interesting phenomenon: a micro-inflation model can indeed continuously motivate miners and mining farms to participate. This design maintains network security while also ensuring participants' incentive to earn rewards. Recently, a new type of POW+Meme combined coin has appeared in the market, seemingly aiming to replicate this successful approach. Some believe that these new projects could become the next wave of star coins, with the positioning of "Bitcoin for young people" attracting considerable attention. However, whether they can truly sustain Dogecoin's success depends on their performance in decentralization and community consensus.