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Will Bitcoin Or Dogecoin Grow More By 2022?

Henry Khederian
·1 min read

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

This week we posed the following question to Benzinga visitors on two of the world’s most popular cryptocurrencies.

Over the next year, which cryptocurrency will have the largest percentage gain? Here are the full results from this week’s survey:

  • Bitcoin (BTC): 35.7%

  • Dogecoin (DOGE): 64.3%

This sentiment study was conducted as Bitcoin and Dogecoin are both at or near new all-time highs.

At the time of publication, Bitcoin trades around $46,000 and Dogecoin $0.078.

See Also: Is Bitcoin A Good Investment? And How To Buy Dogecoin.

If holding crypto directly isn’t for you, last month our team covered eight stocks to play Bitcoin’s resurgence.

Investors seeking exposure to Bitcoin can consider a pure-play company in the Bitcoin sector in Riot Blockchain Inc (NASDAQ: RIOT) or a newer pure-play company in Marathon Patent Group (NASDAQ: MARA), which is actively investing in mining equipment to focus on Bitcoin.

Digital payments company Paypal Holdings Inc (NASDAQ: PYPL) is also increasing its exposure to Bitcoin.

There are no stocks with exposure to Dogecoin. That is, unless Elon Musk’s Tesla Inc (NASDAQ: TSLA) buys some of the Shiba Inu-based cryptocurrency as the company recently did with Bitcoin.

This survey was conducted by Benzinga in February 2021 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.