1 in 4 American Investors Believe Dogecoin is the Future – Altcoins Bitcoin News

The meme-based crypto asset dogecoin has seen an exceptional 12 months, capturing a whopping 19,723% towards the U.S. greenback throughout the final 12 months. Dogecoin’s worth beneficial properties have pushed curiosity towards the cryptocurrency, shortly making it a recognizable title. A not too long ago revealed survey from the net portal gamblerspick.com suggests one out of each 4 Americans “imagine dogecoin is the future.”

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

In mid-April, gamblerspick.com carried out a study with 1,001 American respondents which might be “acquainted” with cryptocurrencies. The survey group leveraged the Amazon Mechanical Turk survey platform in order to current a collection of questions.

59.3% of survey members recognized as males, whereas 40.7% recognized as ladies. Gamblerspick researchers additionally detailed that the respondents had been Gen Zers (5.9%), millennials (60.8%), Gen Xers (22.6%), and child boomers (10.7%).


According to the ballot statistics, social media is the place persons are listening to about dogecoin (DOGE) the most, with 33.7% saying they heard about the coin by way of social media platforms. 21.7% of the survey members mentioned they heard about DOGE by way of phrase of mouth and “family and friends.”

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

45% of respondents had heard of Dogecoin, and roughly 27.6% had invested in it. Another standout statistic reveals that 30% of the surveyed people “imagine that dogecoin was the new bitcoin.”

Not all survey members who invested in dogecoin are happy with their decisions. 40% regretted investing in dogecoin. 48.8% regretted investing in “Reddit-hyped shares”, like the current Wallstreetbets’ GME inventory hype. 15.2% disapprove dogecoin, whereas 41.1% are detached and 43.6% approve of DOGE.

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

When it got here to contemplating Elon Musk’s half in the dogecoin hype, most respondents appreciated what he needed to say about DOGE or didn’t care about his dogecoin opinions.

“Most respondents both accepted of or didn’t care when it got here to Musk’s Doge-related info,” the survey famous.

More Than Half Invested in Dogecoin to ‘Get Rich’

Toward the finish of the survey, Gamblerspick researchers highlighted that roughly one out of each 4 Americans “imagine dogecoin is the future.” 23% of survey members are assured DOGE will attain $1 per unit this 12 months. 46.4% invested in dogecoin “only for enjoyable,” whereas 53.6% invested as a result of they noticed it as an “alternative to get wealthy.”


As far as the cryptocurrency ecosystem, in common, Gamblerspick survey respondents imagine the “monetary business” will probably be impacted the most. The monetary business is adopted by “retail,” “on line casino/playing,” and “hashish” respectively.

“Most individuals thought it might be a perk for Amazon to simply accept Dogecoin as cost,” the Gamblerspick survey notes. “While different shops had been thought-about, 41.1% of respondents mentioned they didn’t really need any shops to simply accept Dogecoin.”

At the time of writing, dogecoin (DOGE) was down over 4% throughout the final day and down 25% over the final week. Dogecoin is exchanging fingers for $0.47 per coin however is nonetheless up 590% throughout the final month.

What do you concentrate on the Gamblerspick survey about dogecoin? Let us know what you concentrate on this topic in the feedback part beneath.

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1001 American respondents, Amazon Mechanical Turk, approve, Crypto asset, Cryptocurrency, disapprove, Doge, dogecoin, Dogecoin Survey, Elon Musk, For Fun, Gamblerspick, gamblerspick.com, Get Rich, detached, Poll

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

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