The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoinâ€™s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from the web portal gamblerspick.com suggests one out of every four Americans â€œbelieve dogecoin is the future.â€
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 â€œfamiliarâ€ with cryptocurrencies. The survey team leveraged the Amazon Mechanical Turk survey platform in order to present a series of questions.
59.3% of survey participants identified as men, while 40.7% identified as women. Gamblerspick researchers also detailed that the respondents were Gen Zers (5.9%), millennials (60.8%), Gen Xers (22.6%), and baby boomers (10.7%).
According to the poll statistics, social media is where people are hearing about dogecoin (DOGE) the most, with 33.7% saying they heard about the coin via social media platforms. 21.7% of the survey participants said they heard about DOGE via word of mouth and â€œfriends and family.â€
45% of respondents had heard of Dogecoin, and roughly 27.6% had invested in it. Another standout statistic shows that 30% of the surveyed individuals â€œbelieve that dogecoin was the new bitcoin.â€
Not all survey participants who invested in dogecoin are pleased with their choices. 40% regretted investing in dogecoin. 48.8% regretted investing in â€œReddit-hyped stocksâ€, like the recent Wallstreetbetsâ€™ GME stock hype. 15.2% disapprove dogecoin, while 41.1% are indifferent and 43.6% approve of DOGE.
When it came to considering Elon Muskâ€™s part in the dogecoin hype, most respondents liked what he had to say about DOGE or did not care about his dogecoin opinions.
â€œMost respondents either approved of or didnâ€™t care when it came to Muskâ€™s Doge-related information,â€ the survey noted.
More Than Half Invested in Dogecoin to â€˜Get Richâ€™
Toward the end of the survey, Gamblerspick researchers highlighted that roughly one out of every four Americans â€œbelieve dogecoin is the future.â€ 23% of survey participants are confident DOGE will reach $1 per unit this year. 46.4% invested in dogecoin â€œjust for fun,â€ while 53.6% invested because they saw it as an â€œopportunity to get rich.â€
As far as the cryptocurrency ecosystem, in general, Gamblerspick survey respondents believe the â€œfinancial industryâ€ will be impacted the most. The financial industry is followed by â€œretail,â€ â€œcasino/gambling,â€ and â€œcannabisâ€ respectively.
â€œMost people thought it would be a perk for Amazon to accept Dogecoin as payment,â€ the Gamblerspick survey notes. â€œWhile other stores were considered, 41.1% of respondents said they didnâ€™t really want any stores to accept Dogecoin.â€
At the time of writing, dogecoin (DOGE) was down over 4% during the last day and down 25% over the last week. Dogecoin is exchanging hands for $0.47 per coin but is still up 590% during the last month.
What do you think about the Gamblerspick survey about dogecoin? Let us know what you think about this subject in the comments section below.
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