Each week, Benzinga conducts a survey to gather sentiment on what merchants are most enthusiastic about, excited by or eager about as they handle and construct their private portfolios.
This week we posed the next query to Benzinga guests: By the tip of the 12 months, will Dogecoin attain $1?
For the uninitiated, Dogecoin (CRYPTO: DOGE) was launched as a joke in 2013 to assist elevate public consciousness of the capabilities of blockchain expertise.
Although Dogecoin was initially supposed as a joke, it’s gaining momentum in 2021 due to its passionate on-line group.
A quick historical past of the cryptocurrency reveals Dogecoin has been concerned in a lot of extremely public information tales, together with its profitable $50,000 fundraiser to ship the Jamaican Bobsled Workforce to the 2014 Winter Olympics after the athletes certified however didn’t have the monetary backing to attend.
Listed here are the complete outcomes from this week’s survey:
- Sure, Dogecoin will attain $1 by the tip of 2021: 68.3%
- No, Dogecoin is not going to attain $1 by the tip of 2021: 31.7%
Check out what’s holding Dogecoin again of late and whether or not Dogecoin has a path to $1 in our current report on the meme cryptocurrency.
This survey was performed by Benzinga in September 2021 and included the responses of a various inhabitants of adults 18 or older.
Opting into the survey was fully voluntary, with no incentives supplied to potential respondents. The examine displays outcomes from over 1,000 adults.