Dogecoin (DOGE) is a legendary cryptocurrency named after the popular internet meme doge – an image of a Shiba Inu, a Japanese hunting dog. In the new article StealthEX you will find everything you need to know about the best crypto wallet for Dogecoin. Moreover, we will also guide you how to buy DOGE coins easily, safely and quickly. Hurry up and start reading!
What Elon Musk Tweets About Dogecoin?
Dogecoin has always caused a lot of excitement. In particular, the coin is known to be the object of attention of the head of Tesla, Elon Musk. It always appears in Dogecoin's latest cryptocurrency news.
In May 2021, a team of four core Dogecoin developers revealed that they have been collaborating with Elon Musk since 2019. One of his initiatives is to increase transaction performance. Later, in July 2021, Musk mentioned Dogecoin again in response to a user comment about the possibilities of electric vehicles. The tweet affected the price of the altcoin : the DOGE rate se increased by 2%, but soon returned to its previous values.
In August, Elon Musk supported Mark Cuban, the owner of the Dallas Mavericks NBA club, in introducing discounts on the sale of club merchandise for those who will pay in Dogecoin, after which the price of the DOGE cryptocurrency increased by 17%. At the time of writing, the price of DOGE is $ 0.2022
How many dogecoins are there?
As of September 24, 2021, the circulating supply of Dogecoin cryptocurrency is 131,419,507,714 DOGE.
How many Dogecoin does Elon Musk own?
Some people speculate that Musk is the mysterious "whale" who holds over 36 billion DOGE - more than 28% of the total circulation.
Who is it the best crypto wallet for Dogecoin?
If you want to invest in Dogecoin cryptocurrency as well, then it would be nice to know where to store DOGE coin.
How to get a Dogecoin wallet?
The official Doge wallet is presented on the project website dogecoin.com. It can be installed on PC and mobile, but only on Android. The Dogecoin Core wallet is the largest dogecoin wallet. It is open source and allows you to own private keys. You will need to download all blockchain networks to sync. It is a reliable and secure local wallet to store DOGE and make financial transactions with the coin.
Official Dogecoin Core is a good Dogecoin wallet that is very easy to use. It implements code from Bitcoin Core, so they are functionally similar.
MultiDoge wallet from the official developers
MultiDoge Wallet is the official open source wallet from the developers of the project. And if Dogecoin Core is "heavy" or "thick", then MultiDoge is the "light" version. Synchronization takes place with remote servers, so there is no need to download all network blocks. You can work immediately after launch.
MultiDoge has less functionality than Dogecoin Core. But the most important functions are there – receiving and sending cryptocurrency.
Local Wallets for Dogecoin Cryptocurrency
Local DOGE wallets are installed on a computer and are more reliable storage methods than online services. In most cases, private keys are created locally on the device, so Dogecoin wallet holders have control over them, which means over the crypto coins. One of the most popular local wallets is JAXX Wallet. It is available not only for installation on a computer, but also as a mobile application (Android, iOS) and an extension for the Chrome browser.
The best online Dogecoin wallet
Even simpler but less secure online Doge wallets are great for transactions, but for long-term storage of Dogecoin, you're better off using local or hardware devices. One of the best online wallets is Dogechain by Block io. It allows you to save the private key, which is important. Such online wallets as Guarda Wallet, CoinPayments Wallet, Holy Transaction, Block.io Wallet, and CoinVault are also worthy of attention.
DOGE hardware wallets
Hardware wallets are the most secure against hacking. But they are paid, so it is worth buying them if you need to store a large amount of cryptocurrency for a long time or do daily transactions with them.
All hardware wallets are multi-currency and allow you to store not only Dogecoin but also all major crypto coins. The most popular companies that produce them are Ledger Nano, Trezor and Keepkey.
The Ledger Nano S is worth a look. Its price is 99 euros. Delivered to any country in the world within 2-3 weeks. There is no delivery fee.
Dogecoin paper wallets
On the WalletGenerator website, you can create a paper wallet. This will generate a private key and address. The resulting data must be printed and saved. You can transfer cryptocurrency to the address, but to do the reverse operation, the private key must be imported into any other wallet. Paper wallets are called cold storage, they provide good protection against theft of funds.
The private key is generated locally on the device, so you need to check it for viruses, trojans, etc. To start the process, you need to move the mouse in a random order or enter random numbers in the form window.
For the first time, a Bitcoin private key will be generated. Then you need to select Dogecoin from the drop-down list and repeat the procedure. The public address starts with "D" and you need to transfer coins to it. You can use tabs and create not one but several wallets or a printable paper wallet.
Dogecoin Mobile Apps
Mobile apps allow you to manage cryptocurrency using your phone. One of the most reliable mobile wallets is Coinomi. You can install it on Android or iOS. Download links are available on Coinomi official website or app store by name.
Other Dogecoin mobile apps include Doge Android Wallet, Trust Wallet, Infinito, Guarda, CoinPayments, Dogecoin Core, Atomic Wallet, Exodus and Jaxx.
Is Dogecoin a good investment in 2021?
The fact that Dogecoin has a strong user base and community support indicates that its price can reach new highs. Will dogecoin $ reach 10? It seems unlikely, but according to some analysts, the price of Dogecoin could reach a maximum of $0.95 by the end of 2021.
Where can I buy Dogecoin cryptocurrency?
Having figured out where to store Dogecoin, the question arises, where to invest in Dogecoin and which service to choose if you want to buy or sell a token. Most - the good place to buy cryptocurrency is StealthEX – immediate exchange of cryptocurrency for unlimited swaps. Its service is free to register and does not store users' funds on the platform.
How to buy DOGE coin?
Just go to StealthEX and follow these easy steps:
- Select the pair and amount for your exchange. For example BTC to DOGE .
- Press the "Start Exchange" button.
- Specify the address of the recipient to whom the coins will be transferred.
- Move your cryptocurrency to exchange.
- Get your coins!
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The opinions and views expressed herein are solely those of the author. Every investment and trading move involves risk. When making a decision, you should do your own research.
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