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Ether What? Research Shows More Americans Heard About Dogecoin Than Ethereum

by Handy
May 25, 2021
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Ether What? Research Shows More Americans Heard About Dogecoin Than Ethereum
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Ethereum (CRYPTO: ETH) — the blockchain that launched decentralized finance (DeFi) and made good contracts to the world — is much less recognizable by america residents than meme cryptocurrency Dogecoin (CRYPTO: DOGE).

What Occurred: In response to a survey performed by Harris Ballot, at the side of CouponCabin, revealed that 29% of United States residents had been accustomed to Dogecoin, in comparison with 21% who had been accustomed to Ethereum.

The organizations requested over 2,000 adults in america questions on cryptocurrencies.

The examine additionally revealed that 98% of the respondents already heard of cryptocurrencies, with 71% of them already realizing Bitcoin (CRYPTO: BTC). Dogecoin was the second most well-known coin of all of the digital property.

21% of the respondents had been accustomed to USD Coin (CRYPTO: USDC), the stablecoin launched by crypto trade Coinbase Inc. (NASDAQ:COIN) and fintech Circle, whereas 18% knew Litecoin (CRYPTO: LTC), and 10% Stellar (CRYPTO: XLM).

Of the full 2,063 respondents, 31% consider that cryptocurrencies are the way forward for cash, and 30% acknowledged them as modern.

However, 23% consider cryptocurrencies are a get-quick-rich scheme, and 19% consider that they’re shady or nefarious.

Lastly, 44% of the examine contributors are open to receiving crypto as cashback.

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