Meme coins started as a joke with Dogecoin (DOGE) in 2013 and later exploded into thousands in a few years. From Shiba Inu (SHIB) to Pepe (PEPE), the meme coin niche has continued to capture traders and investors. They have become key players in the cryptocurrency space, with a collective market cap of over $115 billion, as of writing. Because meme coins come with the thrill of high-risk and high-reward, they aren't fading away any time soon, especially during a bull run.
In bull seasons, users who feel they have missed out on the profitability of Bitcoin (BTC) and Ethereum (ETH) camp around meme coins because of their high volatility and potential for huge returns, sometimes exceeding 5,000%. Thus, it is expected that during this bull run—with Bitcoin hitting a new all-time high above $99K—crypto investors and traders will crowd the meme coin ecosystem. And as the demand for meme coins grows, there will be a need for a reliable crypto wallet like the NOW Wallet to manage these assets.
From convenient storage and multi-chain support to seamless cross-chain swaps and fiat purchases, NOW Wallet, part of the comprehensive ecosystem built around the ChangeNOW instant crypto exchange, was built to simplify transactions for crypto users, including meme coin enthusiasts. It is the go-to service for storing, buying, selling, and swapping meme coins effortlessly. Here's a breakdown of its features.
NOW Wallet supports over 50 coins and 15,000 tokens including a wide range of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), alongside new favorites like Pepe (PEPE), Bonk (BONK), and Kishu Inu (KISHU). Because of its multi-chain compatibility, it is perfect for meme coins since they are spread across different blockchain networks like Ethereum, BSC, Polygon, AVAX C-chain, etc. For example, Dogecoin operates on its native blockchain, Shiba Inu was built on Ethereum, while the Solana blockchain hosts meme coins like Bonk.
Despite having meme coins spread across diverse chains, the good thing about NOW Wallet is that users do not have to set different wallets for navigating these different chains—all supported chains are already integrated into the NOW Wallet platform.
Furthermore, the wallet is compatible with a range of operating systems, including iOS, Android, macOS, Windows, and Linux, which makes it easy for users to access the wallet any time, any place.
During bull markets, it is not unusual to see meme coins have massive price surges. This is why NOW Wallet integrates with ChangeNOW’s swap service that allows users to easily exchange their assets without leaving the app. So whether the user is looking to cash in on a 7,000% profit or just wants to diversify their portfolio, the swap functionality provides a swift, transparent and secure pathway to make this happen.
Moreover, there is a cross-chain swap feature that enables users to exchange their meme coins between different blockchain networks—such as swapping Shiba Inu from Ethereum to BSC—without relying on external platforms, saving both time and money.
As mentioned earlier, NOW Wallet manages a diverse range of cryptocurrencies such as the pioneer currencies like Bitcoin (BTC) and Ethereum (ETH), stablecoins such as (Tether (USDT) and USD Coin (USDC), privacy coins including Monero (XMR) and Zcash (ZEC), and more. The wallet also allows users to add custom tokens. So for investors targeting the breakout of the next big meme coin, NOW Wallet gives them the flexible option to add such a token to the platform.
Meme coins are one of the doors through which newbies enter the crypto market. When they come into the space, they would require an effective tool to exchange their fiat currencies to cryptocurrencies.
And with NOW Wallet, users can purchase meme coins with over 60 fiat currencies – from global currencies like the U.S. Dollar (USD), Euro (EUR), and British Pound Sterling (GBP) to local currencies such as Swiss Franc (CHF), Brazilian Real (BRL), and Indian Rupee (INR) – through any of the available payment methods such as Mastercard, Visa, Apple Pay, Google Pay, and bank transfers.
While NOW Wallet is a top choice for managing meme coins, its functionalities go beyond what has been explored so far. The wallet is designed to give users a comprehensive crypto experience. With features such as high security, staking, dApp connectivity, and NFT support, the wallet empowers users to explore a full crypto experience and unlock the potential of their assets. It also has a substantial market presence and a trove of positive feedback from users.
High security: As a non-custodial wallet, NOW Wallet is a highly secure platform that ensures that users retain control over their assets. Strong encryption protocols, PIN and biometric authentication features further enhance security, significantly reducing the risk of bad actors accessing user funds.
Focus on privacy: There is no need to register or undergo any KYC to use the wallet. This protects user privacy since their identifier information is not stored on the wallet. However, it is important to note that users would need a KYC verification when exchanging fiat to crypto and vice versa, since NOW Wallet's partner onramps require identity confirmation.
Staking option: Users can take use of NOW Wallet's staking feature to earn passive income. They can do this by staking Proof-of-Stake (PoS) tokens like Tron (TRX), Binance Coin (BNB), NOW Token (NOW), Solana (SOL) and Cardano (ADA), among others.
DApp connectivity: Through the WalletConnect integration on NOW Wallet, users can connect to dApps by scanning a QR code. This integration allows users to conveniently access any dApp on any supported network.
NFT support: In addition to supporting a myriad of fungible crypto assets, NOW Wallet also allows users to store and manage NFTs.
Pro membership: Through NOW Wallet, users can access additional perks available to ChangeNOW Pro accounts, with various subscription levels, both free and paid. These perks include cashback rewards in NOW tokens, AML verification checks for transactions, the ability to receive crypto funds via private pages, and unlimited crypto loans.
Being a part of the ChangeNOW ecosystem makes NOW Wallet to easily tap from the former's reputation. Since its launch in 2017, ChangeNOW has amassed more than 3 million users globally. This reputation has extended to other members of the ChangeNOW ecosystem like NOW Wallet.
Over time, NOW Wallet has captivated users through its own unique features alongside ChangeNOW’s reputation, resulting in the teeming number of positive reviews about the wallet. Some users appreciate its intuitive interface, the diversity of assets it supports, and its interoperation with other ChangeNOW products. Others go further to praise the app’s ease of use and customer support.
NOW Wallet has a dedicated support team that is always ready to resolve almost any potential issue. These issues are typically user-centric—such as selecting the wrong token or network or sending an incorrect deposit amount—and are unrelated to flaws in the wallet's design. Yet, the team resolves these errors swiftly with a 99% success rate.
Bull runs always spill into the meme coin ecosystem. If and when this happens, there will be an influx of traders and investors into the crypto space who will require the perfect wallet to hold and manage their meme coins.
NOW Wallet has positioned itself as that wallet. It not only supports a wide range of meme coins but also offers a comprehensive suite of features that cater to all crypto users. So from seasoned users looking to capitalize on the bull run to newcomers looking to join the meme coin party, NOW Wallet is the best bet for navigating the market with ease and confidence.
Disclaimer: Cryptocurrency investments carry risks. This article is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.