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 mission 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 through the previous 12 months.
So naturally, as one may anticipate, the common citizen is already extra conversant in Dogecoin than they’re with Ethereum. That’s in response to the outcomes of a survey carried out by Harris Ballot, along side CouponCabin, which requested over 2,000 adults in america to provide their ideas on cryptocurrencies.
In keeping with the survey’s findings, 29% of respondents mentioned they have been conversant in Dogecoin, in comparison with simply 21% who have been conversant in Ethereum.
Of the whole 2,063 respondents, 89% mentioned they’d already not less than heard of cryptocurrency. Bitcoin was already identified to a majority (71%) of respondents, with Dogecoin being the second most well-known coin.
Different digital belongings that Individuals claimed familiarity with included the stablecoin launched by Coinbase and Circle, USD Coin (USDC), of which 21% of respondents mentioned they’d information. Some 18% of respondents mentioned they have been conversant in Litecoin (LTC), and 10% mentioned Stellar (XLM) was identified 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 “modern.” 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 a web-based cashback rewards program.