Each week, Benzinga conducts a survey to gather sentiment on what merchants are most enthusiastic about, fascinated by or fascinated with as they handle and construct their private portfolios.
This week, we posed the next query to over 1,000 Benzinga guests on cryptocurrency buying and selling and investing: Which can occur first, Ethereum (CRYPTO: ETH) at $10,000 or Dogecoin (CRYPTO: DOGE) at $1?
Listed here are the total outcomes from this week’s survey:
- Ethereum will attain $10,000 first: 39.8%
- Dogecoin will attain $1 first: 60.2%
Is Ethereum a Good Funding in 2022?
Ether has lengthy been competing with Bitcoin (CRYPTO: BTC) for the highest spot as the biggest cryptocurrency by market capitalization since its launch in 2015 and got here near overtaking Bitcoin in February 2018.
For the uninitiated, Bitcoin and Ethereum have utterly totally different use circumstances. Bitcoin acts as a retailer of worth, equally to gold. Ether acts as a retailer of worth too, though the Ethereum Digital Machine additionally allows a bunch of modern purposes comparable to DeFi, NFTs and the metaverse… Read More
Worth Motion: At press time, Ethereum is buying and selling at $2,566.30, up over 4% in 24 hours. Ethereum is in any other case buying and selling decrease by 32.8% over the previous month.
Dogecoin is buying and selling flat at $0.142 Saturday. Dogecoin is decrease by 17.6% over the previous month, in sympathy with the broader crypto market.
As avid followers of Dogecoin are nicely conscious, the Shiba Inu-themed coin wasn’t with out some drama this previous week. Quick-food chain McDonald’s Corp. (NYSE:MCD) stated it’s going to settle for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk’s request to just accept Dogecoin as a type of fee — however with a “situation.”… Read More
This survey was performed by Benzinga in January 2022 and included the responses of a various inhabitants of adults 18 or older.
Opting into the survey was utterly voluntary, with no incentives supplied to potential respondents. The examine displays outcomes from over 1,000 adults.
