Survey: 1 in 4 American Investors Believe Dogecoin is the Future
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Survey: 1 in 4 American Investors Believe Dogecoin is the Future

THELOGICALINDIAN - The memebased crypto asset dogecoin has apparent a astounding year capturing a whopping 20243 adjoin the US dollar during the aftermost 12 months Dogecoins amount assets accept pushed absorption against the cryptocurrency bound authoritative it a apparent name A afresh appear analysis from the web aperture gamblerspickcom suggests one out of every four Americans accept dogecoin is the future

Dogecoin Survey Shows Meme-Coin Has Been Getting Attention in the US

In mid-April, gamblerspick.com conducted a study with 1,001 American respondents that are “familiar” with cryptocurrencies. The analysis aggregation leveraged the Amazon Mechanical Turk analysis belvedere in adjustment to present a alternation of questions.

59.3% of analysis participants articular as men, while 40.7% articular as women. Gamblerspick advisers additionally abundant that the respondents were Gen Zers (5.9%), millennials (60.8%), Gen Xers (22.6%), and babyish boomers (10.7%).

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

According to the poll statistics, amusing media is area bodies are audition about dogecoin (DOGE) the most, with 33.7% adage they heard about the bread via amusing media platforms. 21.7% of the analysis participants said they heard about DOGE via chat of aperture and “friends and family.”

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

45% of respondents had heard of Dogecoin, and almost 27.6% had invested in it. Another standout accomplishment shows that 30% of the surveyed individuals “believe that dogecoin was the new bitcoin.”

Not all analysis participants who invested in dogecoin are admiring with their choices. 40% regretted advance in dogecoin. 48.8% regretted advance in “Reddit-hyped stocks”, like the contempo Wallstreetbets’ GME banal hype. 15.2% blame dogecoin, while 41.1% are aloof and 43.6% accept of DOGE.

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

When it came to because Elon Musk’s allotment in the dogecoin hype, best respondents admired what he had to say about DOGE or did not affliction about his dogecoin opinions.

“Most respondents either accustomed of or didn’t affliction back it came to Musk’s Doge-related information,” the analysis noted.

More Than Half Invested in Dogecoin to ‘Get Rich’

Toward the end of the survey, Gamblerspick advisers accent that almost one out of every four Americans “believe dogecoin is the future.” 23% of analysis participants are assured DOGE will ability $1 per assemblage this year. 46.4% invested in dogecoin “just for fun,” while 53.6% invested because they saw it as an “opportunity to get rich.”

Survey: 1 in 4 American Investors Believe Dogecoin is the Future

As far as the cryptocurrency ecosystem, in general, Gamblerspick analysis respondents accept the “financial industry” will be impacted the most. The banking industry is followed by “retail,” “casino/gambling,” and “cannabis” respectively.

“Most bodies anticipation it would be a advantage for Amazon to acquire Dogecoin as payment,” the Gamblerspick analysis notes. “While added food were considered, 41.1% of respondents said they didn’t absolutely appetite any food to acquire Dogecoin.”

At the time of writing, dogecoin (DOGE) was bottomward over 4% during the aftermost day and bottomward 25% over the aftermost week. Dogecoin is exchanging easily for $0.47 per bread but is still up 590% during the aftermost month.

What do you anticipate about the Gamblerspick analysis about dogecoin? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, gamblerspick.com analysis