More Americans have heard of Dogecoin Compared to Ethereum: Survey

In just over five years since it established, Ethereum introduced the world to clever contracts, decentralized fund, return farming and non-fungible tokens, also has long stood behind Bitcoin as the second-largest blockchain project by market capitalization.

Dogecoin (DOGE) is a meme cryptocurrency that has provided no invention, does not have any actual raison d'etre, also is popular because it became the plaything of a famed multi-billionaire during the past 12 months.

So naturally, as you may expect, the ordinary citizen is already more acquainted with Dogecoin than they're with Ethereum. That's based on the results of a survey conducted by Harris Poll, in combination with CouponCabin, that asked over 2,000 adults in the United States to give their ideas on cryptocurrencies.

According to the poll's findings, 29% of respondents stated they were conversant with Dogecoin, compared to just 21 percent who were conversant with Ethereum.

Of the overall 2,063 respondents, 89 percent stated they'd already at least heard of cryptocurrency. Bitcoin was already known to a majority (71%) of respondents, together with Dogecoin function as the 2nd most well-known coin.

Other electronic resources that Americans claimed familiarity with included the stablecoin started by Coinbase and Circle, USD Coin (USDC), of which 21% of respondents said they had knowledge.

When asked whether they believed cryptocurrencies would develop into the future of money, 31% responded favorably, and 30 percent stated they thought of crypto as"innovative." At precisely the same time, 23% of respondents said that they considered cryptocurrency as a get-quick-rich plot, while 19% characterized the tech as shady or nefarious. Nearly half (44%) of respondents stated they'd be open to getting cryptocurrency as part of an internet cashback rewards application.