![]() There are no noble causes that the community behind DOGE would be interested in - for a lack of a better term, it’s a “troll cryptocurrency”. Hence its name, hence the reputation behind it. Very different, in fact.ĭogecoin was created as a joke cryptocurrency. While most other cryptocurrency projects have some specific, high-end goals that they aim to accomplish ( or some specified problems that they aim to solve), DOGE is different. Now, truth be told, Dogecoin is unique - I do not use that word lightly. However, the truth is actually quite the contrary - DOGE is a widely beloved cryptocurrency, and thus, some of the best crypto wallets on the market offer support for the coin!īefore we get into the ins and outs of the best Dogecoin wallets, it’s a good idea to have a quick refresher of just what DOGE actually is, and what about the project attracts people to it. One of the most unique of these projects is Dogecoin - if you’re a DOGE enthusiast, you’ll be glad to know that, in this list, we’ll be looking for the best Dogecoin wallet of the year!īeing as unique as it is, you would expect Dogecoin to have some… Well, less-than-ordinary storing options. Ever since the inception of Bitcoin, there have been various peculiar projects popping up, here and there. Interestingly, rival Ethereum-based token Shiba Inu (SHIB)-based on the same dog as the original Doge meme -is set to launch its own layer-2 scaling network called Shibarium.The world of cryptocurrencies is truly an interesting one. “ lots of wild speculation and shitcoins, but sorta like the first big festival after being locked down for two ,” added crypto investor Roger AVAX on Twitter. Soon after, they added: “Haven't bought this many shitcoins in a long, long time.” Wish me luck,” tweeted a crypto investor who goes by the pseudonym Bagsy. “Bridging to Dogechain, likely going to lose it all. On the other hand, some are excited about the ability to play around with apps and tokens on a Dogecoin-themed chain, and speculate on tokens with silly names. “It’s literally the Wild West on Dogechain,” he added. Roc Zacharias, a co-founder of Polygon DEX QuickSwap who describes himself as a core contributor to Dogechain, tweeted as much. Some have likened it to BNB Chain (formerly Binance Smart Chain, or BSC), where it’s easy to launch new tokens and pump-and-dump schemes are common. And with the declarations that Dogecoin’s creators and core developers aren’t involved, there’s understandable caution among social media users about Dogechain. Whether or not those promises are ultimately kept remains to be seen, however. ![]() Even people who hold Dogecoin on crypto and stock trading app Robinhood will be able to receive free DC tokens when they withdraw their DOGE from the app, the website claims. The Dogechain website makes a number of longer-term promises about its planned future airdrop of native DC tokens for Dogecoin holders. Per a tweet today, the Dogechain team claims that users have already created more than 58,000 wallets since the network launched five days ago, along with more than 480,000 total transactions. Dogecoin can also be used to pay gasfees on transactions on Dogechain, per the official website, which has the same goofy, meme-y vibes that are common among the Dogecoin community. They clarified that it’s also not related to a Dogecoin blockchain explorer that shares the name.ĭogecoin (DOGE) holders can bridge their holding over to Dogechain to receive Wrapped Dogecoin (wDOGE) in return and then use that on the new platform to interact with DeFi apps, as well as potential future NFT marketplaces, dapps, and games.Īlready, Dogechain is up and running, letting users transfer over DOGE and interact with decentralized exchanges (DEXs) to buy new tokens minted on the chain. The Dogecoin Foundation retweeted a message today stating that it is not involved in Dogechain, nor are the coin’s original founders, Jackson Palmer and Billy Markus. It’s not an “official” Dogecoin project, however. And it’s compatible with the Ethereum Virtual Machine, which means that it can run apps and games built for Ethereum. Instead, it’s a separate network based on Polygon Edge, which is custom blockchain software from Polygon, the most popular Ethereum sidechain. ![]() However, Dogechain isn’t a true layer-2 network in that it’s not built on top of Dogecoin.
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