In simply over 5 years because it launched, Ethereum launched the world to good contracts, decentralized finance, yield farming and non-fungible tokens, and has lengthy stood simply behind Bitcoin because the second-largest blockchain challenge by market capitalization.
Dogecoin (DOGE) is a meme cryptocurrency which has supplied no innovation, has no actual raison d’etre, and is barely fashionable as a result of it turned the plaything of a well-known multi-billionaire through the previous 12 months.
So naturally, as one would possibly count on, the typical citizen is already extra acquainted with Dogecoin than they’re with Ethereum. That’s based on the outcomes of a survey carried out by Harris Ballot, along side CouponCabin, which requested over 2,000 adults in the US to provide their ideas on cryptocurrencies.
In accordance with the survey’s findings, 29% of respondents mentioned they have been acquainted with Dogecoin, in comparison with simply 21% who have been acquainted with Ethereum.
Of the whole 2,063 respondents, 89% mentioned that they had already not less than heard of cryptocurrency. Bitcoin was already recognized to a majority (71%) of respondents, with Dogecoin being the second most well-known coin.
Different digital property that People claimed familiarity with included the stablecoin launched by Coinbase and Circle, USD Coin (USDC), of which 21% of respondents mentioned that they had information. Some 18% of respondents mentioned they have been acquainted with Litecoin (LTC), and 10% mentioned Stellar (XLM) was recognized to them.
When requested whether or not they believed cryptocurrencies would turn into the way forward for cash, 31% responded positively, and 30% mentioned they considered crypto as “progressive.” On the identical time, 23% of respondents mentioned they regarded cryptocurrency as a get-quick-rich scheme, whereas 19% characterised the expertise as shady or nefarious. Virtually half (44%) of respondents mentioned they’d be open to receiving cryptocurrency as a part of an internet cashback rewards program.