Family, look at what is cooking in the Dogecoin oven! 🐕 It's just that, if Doge is the most beloved meme coin, its moves can't be boring, right? 🤯 Today I'm not coming with fairy tales, but with heavy data that can change the face of the dog and, obviously, our pockets.
📉 The Dog Inflation Dilemma 💸
Let's see, the joke is this: There is a proposal on the GitHub pitch (number #3777, for the techies) that wants to make a brutal cut to the issuance of new Dogecoins. How brutal? From 5 billion new DOGE per year to only 500 million! 😱
The Clear Objective: If this happens, Dogecoin would step up against inflation. As of today, the puppy has an inflation of about 3.1%, which, when compared to the 1.8% of daddy Bitcoin, is a high number. The idea is simple: less Doge on the street, more potential value. This is a no-brainer: if there is scarcity, people go crazy trying to get it. That's why the immediate effect could be a pump of +20% or even +30% in price in the short term due to pure expectation of scarcity. Honey on flakes! 🍯
⛏️ The Stone in the Shoe: The Miners 🚨
But, like in any good drama, there is a giant "but." The main developers (the serious people keeping the network alive) are hitting the brakes. Why? Because if they lower the reward for miners (who do the work of securing the network), they will get upset... and a lot!
Security Risk: If miners say "this doesn't benefit me" and go mine something else, the security of the Doge network weakens. And a weak network is a magnet for technical problems and, in the worst case, even a chain split. Watch out for this! The potential hype of scarcity can vanish if the network becomes unstable. 😬 The current volatility of DOGE (a drop of more than 40% in 90 days) already tells us that the market is nervous.
📊 Technical Analysis: The Triangle of Truth 📈
Now, look at the chart. This is the bread and butter! 🤩 What we see there is a Symmetrical Triangle on the 12-hour chart.
What does that triangle mean? When the price is squeezed between two lines that are coming together (like those blue lines), volatility is being compressed. It's like pulling a spring: you know that at some point, it's going to spring.
The Trader's Projection (the green line): What the trader shows us is the expectation of a bullish breakout. He sees that the price will bounce on the lower support line (the one below) and then break strongly through the upper resistance line (the one above), and from there, let's look for higher levels near $0.16 USD! 🚀
Conclusion: The technical analysis (the triangle) suggests that we are about to see a big movement, possibly upwards. But the fundamental analysis (the proposal to reduce issuance) is a ticking time bomb: it could give the push needed for that breakout, or it could explode on the side of network security, sending the price to the floor.
Tell me something, buddy: Do you think this move to reduce issuance is a necessary risk for Doge to stop being just a meme and become a serious currency, or is it a whim that could endanger the entire network? 🤔$DOGE


