Dogecoin: Proposal to Cut Issuance by 90% and Bitwise to Close BWOW ETF
- —Proposal 3776 would cut the block reward from 10,000 to 1,000 DOGE (-90%)
- —Annual issuance would fall from ~5.3B to ~526M DOGE; inflation from 3.4% to 0.3%
- —DOGE trades at $0.0931: -3.87% in 24h, +5.75% in 7 days, market cap $14.53B
- —Bitwise will close its Dogecoin ETF BWOW; last trading day is October 14, 2026
Why it matters: The first change to DOGE's monetary policy in 11 years could cut supply, but needs developer and miner approval; the ETF closure weakens institutional demand.
Source: CryptoTicker