If You Had $1,000 Right Now, Would You Buy Shiba Inu Or Dogecoin? Over 60% Choose…

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 over 1,000 Benzinga visitors on cryptocurrency investing: If you had $1,000 right now, would you buyShiba Inu SHIB/USD or Dogecoin DOGE/USD ? Shiba Inu: 38.3% Dogecoin: 61.7%

See Also: Analyst Who Nailed Bitcoin's 2018 Bottom Says Dogecoin Will Double Down In Revenge Pump: 'Looks Like A Hot F***ing Mess'

Ethereum-based cryptocurrency token Shiba Inu was trading around $0.00001176at press time, up around 44% over the past month.

Dogecoin, meanwhile, is trading around $0.092and higher by 32% over the trailing month.

What's Going On With Dogecoin?

Dogecoinwas up sharply in the last 24 hours, this surge came following a Financial Times report that Elon Musk wants Twitter's payment system to start accepting cryptocurrency…Read More

This survey was conducted by Benzinga in January 2023and 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.