By EWN • Published: 07 Mar 2023 • 13:00
Dogecoin (DOGE) and Solana (SOL) have had their troubles in the past with security. Solana was the victim of a hack in 2022 which amounted to over 7,000 wallets drained for over $5 million. It was viewed as one of the biggest crypto scandals of 2022, with users unsure whether they should still place their trust in Solana.
Dogecoin is relatively secure. However, the platform has been hacked before and is known for its volatile nature. So, how can we alleviate the issues associated with crypto platforms? LockYourCrypto.Com is a new crypto storage platform that aims to ease navigation through the Decentralised Finance (DeFi) world.
LockYourCrypto.Com hosts multiple educational resources to improve your knowledge of the blockchain industry and how to manage your crypto assets. Let’s find out why LockYourCrypto.Com is being hailed as the perfect platform to store your Dogecoin and Solana tokens.
LockYourCrypto.Com is a crypto storage platform designed for newcomers to the market. DeFi is still in its infancy stage, and users find it difficult to navigate the new sector of finance. LockYourCrypto.Com hands you the tools to successfully manage your crypto assets in a secure environment.
Privacy is taken seriously on LockYourCrypto.Com. New users don’t have to reveal any personally identifiable information, allowing them to remain completely anonymous while managing their crypto assets.
Theft and fraud are two risk factors when entering the crypto market. However, LockYourCrypto.Com is a non-custodial solution. It means your assets will be securely locked in the LockYourCrypto.Com platform while giving users full control over their assets at all times. This effectively reduces the risk of theft or fraud.
Jackson Palmer and Billy Markus created the first meme coin in the crypto market, and the rest was history. No one could predict the amount of hype that Dogecoin would generate when it first joined the market in 2013. Since then, hundreds of meme coins have attempted to replicate the success that Dogecoin has seen but have failed.
Dogecoin is known for its volatility, allowing crypto enthusiasts to capitalise on its sharp rises in value. So, why is Dogecoin so volatile? Meme coins like Dogecoin receive a lot of attention from high-profile figures like Elon Musk.
One tweet from Elon Musk to his 100 million followers on Twitter often results in a sharp rise in value for Dogecoin. If crypto enthusiasts are fast, they can generate explosive returns on DOGE when it experiences a bullish trend, and LockYourCrypto.Com is the perfect place to hold your DOGE.
Solana first appeared in the crypto market as a solution to scalability issues experienced by outdated Proof-of-Work (PoW) platforms. While Bitcoin (BTC) was limited to 7 transactions per second, Solana’s combined consensus could reach 50,000 transactions per second at its peak performance.
As mentioned above, Solana was the victim of a hack in 2021. While the culprit of the hack has not been found, Solana has raised its security, rebuilding the trust between its platform and its users.
However, to ensure the protection of your Solana tokens, utilising the LockYourCrypto.Com platform may prove wise. Solana allows users to access multiple sectors of the crypto market while also providing explosive returns. LockYourCrypto.Com will give you the tools needed to potentially maximise your profits with Solana.
LockYourCrypto.Com looks like the perfect platform to hold your crypto assets. Whether you’re a seasoned crypto enthusiast or a newcomer, LockYourCrypto.Com will help you navigate the confusing world of DeFi.
From Dogecoin to Solana, LockYourCrypto.Com has your needs at its top priority, helping you avoid emotional decisions that could affect your portfolio negatively. Instead, LockYourCrypto.Com will help you keep faith in the market’s direction.
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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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