I have a question about DOGE that I want to discuss with everyone. Based on current data, approximately 14.4 million DOGE are issued daily, which amounts to about 5.2 billion new coins entering the market annually. Looking at mining, the cost price is roughly around 0.05U per coin.



Calculating this way, the market needs to absorb this huge annual issuance while also covering the costs of mining. Honestly, it seems a bit uncertain.

So I want to ask, for those who are still buying DOGE, where is your faith? Are you optimistic about the community's popularity? Or do you have other angles I haven't considered? Feel free to share your thoughts on DOGE's investment logic.
DOGE-0,38%
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FromMinerToFarmervip
· 12-28 14:35
After calculating this, it's indeed quite hardcore, but do you know? DOGE has never won based on logic. Generate a comment with your real identity: Finally went from miner to farmer: Can Elon’s tweet withstand that 5 billion issuance... By the way, the charm of DOGE is right here, it doesn’t rely on economics at all. Finally went from miner to farmer: Mining cost is 0.05, the current price is about the same, which shows that the market has long since digested the issuance pressure. Why are you still criticizing? Finally went from miner to farmer: I just want to ask you, why hasn't this kind of logic killed Bitcoin? Structural issuance still causes prices to rise. Finally went from miner to farmer: The community’s enthusiasm is really underestimated here. Don’t overthink it, DOGE survives on this. Finally went from miner to farmer: Your data is correct, but it misses a key point—the enthusiasm of retail investors is an endless pit. Finally went from miner to farmer: Honestly, anyone still buying DOGE is just betting on Elon’s tweet... Don’t pretend to be rational.
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MidnightSellervip
· 12-27 16:42
Hmm... Opening this ledger is indeed a bit intimidating, but DOGE has never been about economics. Basically, it's about betting on hype and Musk's blabber. Cost pressure? Uh, that's a bit of unnecessary thinking. Community enthusiasm is the real key; this coin survives on memes.
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MoneyBurnerSocietyvip
· 12-27 16:40
After all this calculation, I just remembered the time I bottomed out Luna. The data looked pretty perfect... but you know how it is, the liquidation price is just the target price.
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AirdropHunterWangvip
· 12-27 16:35
You asked a good question, and I've also been conflicted about it. But to be honest, inflation has been like this for DOGE from the start, and it’s still alive and well today, isn’t it? 52 billion coins sounds intimidating, but with such a large trading volume every year, the per-coin impact isn’t that terrifying. It mainly depends on whether people keep buying. Elon Musk’s random tweets can easily pump the price, so what’s a little more issuance? --- In the long run, DOGE just feels like that—if it drops, you can still buy more, as long as the community doesn’t die out. The cost of 0.05 isn’t necessarily accurate; miners have shut down batch after batch, and who’s really calculated the actual current cost now? --- Inflation pressure definitely exists, but DOGE has long stopped following traditional logic. It’s all about faith and hype supporting it. When you ask why people still buy, I just ask why so many are still playing—that’s the answer. --- Honestly, it all comes down to whether you can cash out. As long as someone is willing to take the other side, it doesn’t matter how much issuance there is. I mainly look for rebounds; I don’t expect to hold long-term. --- I think this calculation missed one point: the use cases for DOGE are increasing. The payment aspect really has potential; you can’t just calculate based on mining costs and issuance volume.
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LiquidityWhisperervip
· 12-27 16:30
Well, this logic is actually a bit shaky. The 0.05 cost price has long been history. Can't justify it anymore, so just bet on Musk's next tweet. Community popularity, to put it simply, depends on how many bagholders there are. DOGE isn't as pure anymore. 14 million coins daily sounds scary, but it depends on who is hoarding. Miners aren't selling all of it. The value of faith, just ask about the coin price. Instead of analyzing the issuance pressure, it's better to study the movements of big players. Really. No other angles, just betting on the next wave of hype. Everything else is just self-comfort.
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WhaleInTrainingvip
· 12-27 16:23
To be honest, DOGE relies entirely on Musk's words; every tweet causes fluctuations. The mining costs are right there, making it look pretty bad. 52 million coins per year—who can handle that unless new retail investors keep entering? No matter how hot the community is, there needs to be funds to take over. In the long run, this logic indeed doesn't hold up. Forget it, I'll just hold my coins and wait for a miracle. Anyway, I can't lose much. Honestly, it's just a gamble on whether the community consensus can hold. If it can, you make money; if not, you cut losses. There's no real investment logic. This thing is purely driven by market sentiment. The fundamentals are terrible, but it just keeps rising—hard to understand. I also want to know where the faith lies... maybe it's just faith itself. DOGE, to put it simply, is a consensus game. Logic doesn't really apply here.
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