Grayscale Investments Investors seem to be more aware of Dogecoin than Ethereum. Here are the details.
An online survey was conducted with the participation of 1,000 US investors aged 25-64. Participants have various characteristics, for example they have primary or joint responsibility for household financial decision making. In addition, participants have at least $10,000 in investable household assets and $50,000 in income.
“Grayscale Bitcoin Investor Study 2021” According to the report titled, bitcoin remains the most popular cryptocurrency, but there is considerable awareness of other crypto assets as well. While 99% of investors indicate Bitcoin awareness, dogecoin and Ethereum Other altcoins that have managed to enter the investor’s radar – more than half of the investors say they are aware of these coins. However, investors seem to be more aware of DOGE than Ethereum.
Almost three-quarters (74%) of investors said they had heard of Dogecoin, well above the level of awareness around Ethereum (56%).
With demand for Bitcoin increasing significantly, more than a quarter (26%) of investors surveyed are already bitcoin(BTC) and diversify their investments with altcoins. 46% and 44% of this investor group are in their accounts, respectively. Ethereum (ETH) and dogecoin (DOGE) has.
Dogecoin fame
With a massive surge in crypto popularity in 2021, meme coins came to the fore. The first joke coin was Dogecoin, inspired by a popular dog meme. Fast forward to 2021, Dogecoin, Tesla CEO Elon MuskThanks to the introduction of . Although it is currently going through a bad period in terms of price, as you can see DOGE continues to be popular.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.