Trust wallet is running a twitter poll aimed at selecting the next crypto to add to their wallet. In this poll, Dogecoin is up against some tough competition including Cardano (ADA) and EOS (EOS). As such, it is up to Shibes to come out in large numbers and vote. The Trust crypto wallet, is no ordinary wallet and could have a massive impact on the value of Dogecoin (DOGE).
That’s because, on top of it being a secure and easy to use wallet, it is also the official Binance wallet. Binance is the largest crypto exchange on the planet, and anything connected to it tends to attract significant interest in the market. As a matter of fact, the last bunch of cryptos that were added to this wallet have seen a significant jump in prices.
For instance, Zcash (ZEC) and Tezos (XTZ) performed quite well after they were added to this wallet. For Dogecoin (DOGE), getting added to this wallet can help sustain the momentum that started with Elon Musk’s positive comment earlier in the month. Speculation is still the biggest driver of crypto prices and anything that keeps a crypto in the news on a positive note is amazing, and can help support the price.
In this case, Dogecoin (DOGE) getting added to a wallet that is associated with Binance is a big deal. It makes up for the elusive Binance listing that Dogecoin has failed to secure. A Binance listing has been quite elusive for Dogecoin (DOGE), even though it one of the things that the Dogecoin community would like to see happen.
But Trust wallet is not just important for the hype. It also makes lots of sense to Dogecoin’s long-term growth. That’s because, for the crypto market to grow, the coins need to be easily accessible to the average Joe. Easy to use and manage wallets like Trust Wallet are a big part of this journey. In essence, if Dogecoin (DOGE) wins and gets added to this wallet, it will be a big step towards its adoption in the long run. This wallet is easy to use, and best of all, it is secure, anonymous and allows users to interact with decentralized applications. These are the attributes that crypto users want in a wallet, and would be more inclined to invest in a crypto that has such an awesome storage wallet.
In the event that Shibes don’t garner enough numbers L to put Dogecoin (DOGE) on the Trust crypto wallet, it won’t really have much of an impact on Doge. 1 doge will still remain 1 doge. Dogecoin’s growth and adoption will continue to grow. It is one of the oldest cryptos and has survived severe bear markets in the past. Thanks to its strong fundamentals, it will survive this one too, and rise to new heights. It’s growing transaction volumes and a high level of decentralization makes it a high growth crypto in the long run. Dogecoin’s future keeps getting brighter, with each passing day.