In simply over 5 years because it launched, Ethereum launched the world to sensible 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 offered no innovation, has no actual raison d’etre, and is just standard as a result of it grew to become the plaything of a well-known multi-billionaire through the previous 12 months.
So naturally, as one may count on, the typical citizen is already extra accustomed to Dogecoin than they’re with Ethereum. That’s in response to the outcomes of a survey carried out by Harris Ballot, at the side of CouponCabin, which requested over 2,000 adults in america to present their ideas on cryptocurrencies.
Based on the survey’s findings, 29% of respondents mentioned they had been accustomed to Dogecoin, in comparison with simply 21% who had been accustomed to Ethereum.
Of the overall 2,063 respondents, 89% mentioned that they had already at the least heard of cryptocurrency. Bitcoin was already recognized to a majority (71%) of respondents, with Dogecoin being the second most well-known coin.
Different digital belongings 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 had been accustomed to Litecoin (LTC), and 10% mentioned Stellar (XLM) was recognized to them.
When requested whether or not they believed cryptocurrencies would develop 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 know-how 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.