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 widespread as a result of it grew to become the plaything of a well-known multi-billionaire in the course of the previous 12 months.
So naturally, as one would possibly count on, the common citizen is already extra aware of Dogecoin than they’re with Ethereum. That’s based on the outcomes of a survey performed by Harris Ballot, along side CouponCabin, which requested over 2,000 adults in the USA to present their ideas on cryptocurrencies.
In keeping with the survey’s findings, 29% of respondents stated they have been aware of Dogecoin, in comparison with simply 21% who have been aware of Ethereum.
Of the overall 2,063 respondents, 89% stated that they had already at the very least 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 stated that they had data. Some 18% of respondents stated they have been aware of Litecoin (LTC), and 10% stated Stellar (XLM) was identified to them.
When requested whether or not they believed cryptocurrencies would develop into the way forward for cash, 31% responded positively, and 30% stated they considered crypto as “modern.” On the identical time, 23% of respondents stated they regarded cryptocurrency as a get-quick-rich scheme, whereas 19% characterised the know-how as shady or nefarious. Nearly half (44%) of respondents stated they’d be open to receiving cryptocurrency as a part of an internet cashback rewards program.