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 venture by market capitalization.
Dogecoin (DOGE) is a meme cryptocurrency which has supplied no innovation, has no actual raison d’etre, and is just in style as a result of it grew to become the plaything of a well-known multi-billionaire throughout the previous 12 months.
So naturally, as one would possibly anticipate, the common citizen is already extra acquainted with Dogecoin than they’re with Ethereum. That’s in accordance with the outcomes of a survey performed by Harris Ballot, at the side of CouponCabin, which requested over 2,000 adults in the USA to provide their ideas on cryptocurrencies.
Based on the survey’s findings, 29% of respondents mentioned they had been acquainted with Dogecoin, in comparison with simply 21% who had been acquainted with Ethereum.
Of the full 2,063 respondents, 89% mentioned that they had already a minimum of heard of cryptocurrency. Bitcoin was already identified 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 had been acquainted with Litecoin (LTC), and 10% mentioned Stellar (XLM) was identified to them.
When requested whether or not they believed cryptocurrencies would change 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 a web based cashback rewards program.