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Will Litecoin or Dogecoin grow by 2022?

Each week, Benzinga conducts a survey to gather sentiment about what retailers are most excited about, interested in or thinking about while managing and building their personal portfolios.

This week we asked the following question to 1000 visitors of Benzinga on popular altcoins Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE): Will Litecoin or Dogecoin have the highest profit margin next year?

Here are the full results:

  • Litecoin: 23.6%
  • Dogecoin: 76.4%

Better than three out of four Benzinga readers told us that Dogecoin would have a higher profit margin than Litecoin by 2022.

Dogecoin reported a steady rebound in the last week, although the meme̵

7;s currency is still trading at a record high of 43.77 cents, reached on April 16. Litecoin, meanwhile, traded at about $ 270 in the press, up from a record high of $ 360.66.

Doge, which was created as a currency in 2013, has come a long way since its early days. It is noteworthy that the meme currency has gained over 7500% for the period this year. Celebrities like Tesla Inc. (NASDAQ: TSLA) Elon Musk and rapper Snoop Dogg bet on their weight … Read more

This study was conducted by Benzinga in May 2021 and includes responses from a diverse population of adults aged 18 or over.

Participation in the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects the results of more than 1,000 adults.

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

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