342
129 shares, 342 points

Take Dogecoin and others on the table. If someone had told you a year ago that a meme coin could be the most popular cryptocurrency practically competing with Ethereum, you would have thought it possible only in a crazy world. But you also know that this is possible in the crypto ecosystem. The latest milestone surprises everyone, including Dogecoin creators.

Dogecoin is leading in this metric

A recent poll of registered US voters revealed that 33% of Americans have heard of Dogecoin. The joke-themed coin is second only to Bitcoin in recognition. Ethereum, the largest altcoin by market capitalization, ranked third with 13% of the vote, followed by Litecoin with 8%, Tether with 4% and Binance Coin (BNB) with 4%.

The data analytics firm states that three out of four voters have heard about Bitcoin, and a third of those polled have heard about Dogecoin. XRP is 30% behind Doge in popularity. Similarly, the top 10 altcoins like Cardano and Polkadot had 2% and 3% popularity respectively. Cardano, which ranks 5th in CoinMarketCap with a market cap dominance of 3.04%, sided with Safemoon, which is not even among the top 200 tokens.

https://twitter. com/EchelonInsights/status/1408414418095022084

Doge fever still high?

Cryptocoin. com

As we mentioned , although Doge fever is still high for many Doge fans, the market tells a different story. The prank-themed coin enjoyed relentless news coverage in April-May, accompanied by massive rallies fueled in large part by Musk’s tweets. The search query for “dogecoin” on Google Trends (GT) peaked at the number 100 from May 2-8 during Musk’s SNL appearance. It has dropped almost 77% since then.

However, Americans seem to like cryptocurrencies. A recent poll by Binance US showed that 69% of Americans want to be paid with Doge. This was shared by Doge developer Billy Markus. Recently on Twitter, Markus announced that he had acquired DOGE after “8 years of vowing never to buy digital assets again.” Dogecoin was trading at $0.20 at the time of writing. Dogecoin is down 65.74% from its ATH in May.

Disclaimer: Cryptocoin. The articles and articles on com do not constitute investment advice. Cryptocoin. com does not recommend buying or selling any cryptocurrencies or digital assets or Cryptocoins. com is not an investment advisor. Hence Cryptocoin. com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.

Warning: Cryptocoin. Citing the news content of com and quoting by giving a link Cryptokoin. com’s permission. No content on the site can be copied, reproduced or published on any platform without permission. Cryptocoin. Legal action will be taken against those who use code, design, text, graphics and all other content of com in violation of intellectual property law and relevant legislation. .


Like it? Share with your friends!

342
129 shares, 342 points

What's Your Reaction?

hate hate
981
hate
confused confused
490
confused
fail fail
122
fail
fun fun
1226
fun
geeky geeky
1104
geeky
love love
736
love
lol lol
858
lol
omg omg
490
omg
win win
122
win

0 Comments

Your email address will not be published. Required fields are marked *