The year is coming to an end and everyone is taking stock of how they did in 2023. Amidst all of this, another thing to look forward to is crypto investing for 2024.
Currently, you can’t ignore memecoins when you’re talking about crypto investing, and that means you can’t ignore Dogecoin (DOGE). This is because DOGE is the first and biggest memecoin by market capitalization.
With the help of key figures like Elon Musk, the coin has made many investors happy in the last few years, and if you think DOGE days are over, think again.
The project is working on improvements to make it not just a “joke” coin, but one with real world use cases such as non-fungible tokens (NFTs) and gaming. When implemented, this is likely to make the value of the memecoin increase.
On top of that, Elon who is known to be a strong supporter of Dogecoin has hinted on making Twitter an all-encompassing commerce platform. It is being speculated that DOGE will be the native token for the marketplace if it becomes a reality.
Considering all of these, buying DOGE at the current low price may be a smart move, and you need to choose the right wallet for it too. The following are the best wallets to use for holding your DOGE.
Ledger
Whatever your investment plans are, you can never go wrong using Ledger wallets. They are cold, hardware wallets used to securely hold crypto assets offline, thus keeping them away from the eyes of fraudsters.
You can use this wallet to hold your DOGE, as well as over 5,000 other assets. You may choose the Ledger Nano X which has Bluetooth support for linking with mobile service, the Ledger Nano S, or the Ledger Jax.
You can use these with compatible software wallets, or you can use them with the official Ledger Live app.
Exodus
Exodus is a popular crypto wallet among those who want a wallet they can access from both their computers and their mobile phones. The wallet supports over 300 crypto assets from more than 30 blockchains.
You can synchronize your operations between the mobile app and the computer software wallet, making it easy to use on the go. Exodus also supports web3 features such as NFTs and decentralized applications, making it a web3 wallet indeed.
The wallet is also high on security, as it is protected with passwords and PINs, as well as recovery seed phrase which is generated when creating it.
Coinbase Wallet
If you’re a beginner in the crypto space, it is wise to start with a wallet that is simple to use and navigate, one of which is Coinbase. It is a mobile wallet separate from the Coinbase exchange, but designed with the same simplicity the exchange has.
There are hundreds of assets supported on the wallet, and it is non-custodial, meaning you get to control what happens to your assets. You can access Coinbase wallet on both Android and iOS devices from almost anywhere in the world.
Of course, Dogecoin is one of the assets it supports, and you can swap it for any other assets you like.
Trust Wallet
Trust wallet is a trusted wallet among millions of crypto investors. It is owned by Binance, the biggest crypto exchange in the world, and supports millions of crypto assets from more than 50 blockchains, one of which is Dogecoin of course.
Trust wallet is a web3 wallet indeed, with support for NFTs and decentralized applications. You can buy, sell, and hold NFTs right within the wallet, it is also non-custodial, meaning you get to control what happens to the wallet at all times.
You can use it as a mobile app on both Android and iOS devices, as well as a browser extension that works on all major wen browsers. Its design is also simple, making it ideal for everyone.
