More Americans have heard of Dogecoin than Ethereum: Survey


In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization.Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular because it became the plaything of a famous multi-billionaire during the past 12 months.So naturally, as one might expect, the average citizen is already more familiar with Dogecoin than they are with Ethereum. That’s according to the results of a survey conducted by Harris Poll, in conjunction with CouponCabin, which asked over 2,000 adults in the United States to give their thoughts on cryptocurrencies.According to the survey’s findings, 29% of respondents said they were familiar with Dogecoin, compared to just 21% who were familiar with Ethereum.Of the total 2,063 respondents, 89% said they had already at least heard of cryptocurrency. Bitcoin was already known to a majority (71%) of respondents, with Dogecoin being the second most well-known coin.Other digital assets that Americans claimed familiarity with included the stablecoin launched by Coinbase and Circle, USD Coin (USDC), of which 21% of respondents said they had knowledge. Some 18% of respondents said they were familiar with Litecoin (LTC), and 10% said Stellar (XLM) was known to them.When asked whether they believed cryptocurrencies would become the future of money, 31% responded positively, and 30% said they thought of crypto as “innovative.” At the same time, 23% of respondents said they regarded cryptocurrency as a get-quick-rich scheme, while 19% characterized the technology as shady or nefarious. Almost half (44%) of respondents said they’d be open to receiving cryptocurrency as part of an online cashback rewards program.

Ora Goodwin
Ora Goodwin
I am a well-known and respected author in the cryptocurrency field. I have been writing about Bitcoin and other digital currencies for over 5 years, and my work has appeared in some of the most respected publications in the space. I am also a regular speaker at industry events, and my insights into the crypto market are highly sought after by both media and investors. In addition to my writing and speaking engagements, I am also an active advisor to several blockchain startups, and I sit on the board of directors for the Blockchain Education Network.

Similar Articles

Most Popular

Solvent.app Launches Revolutionary AI-Enhanced Bot Network on Solana Blockchain with Ongoing $SOLV Token Presale

April 15, 2024 – – Solvent.app, an innovative blockchain protocol, has officially announced the launch of its AI-enhanced, bot-driven revenue generation system on...

Versus-X Announces Development of New Competitive Sports Gaming Platform

Grafton Underwood, Kettering,  UK / April 8, 2024 – Versus-X today unveils its new platform, marking its entry into the competitive sports gaming arena....

Coupon Finance Launches Innovative Peer-to-Pool Lending Protocol to Enhance Capital Efficiency in Lending Markets

Location, March 26, 2024 — In an effort to address inefficiencies within the decentralized finance (DeFi) lending space, Coupon Finance has unveiled its peer-to-pool...

HODLer Token’s Presale Kicks Off on March 28, 2024, Offering Unique Investment Opportunities

Location, March 24, 2024 — In a significant development for cryptocurrency enthusiasts and investors, HODLer Token ($HODLR) has officially announced the launch of its...

Introducing Burve Protocol: A Groundbreaking Leap in Decentralized Finance with AMM 3.0

– Today marks the groundbreaking launch of Burve Protocol, a revolutionary Automatic Market Maker (AMM) that stands at the forefront of decentralized finance...

Feathering the Nest: Hectic Turkey’s Bold Venture into DeFi Innovation

  the brainchild behind Hectic Turkey, asserts. "We aimed to disrupt the space with something that's both fun and fundamentally valuable."   Laying the Foundation   The cornerstone of...