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Over 94% of investors believe that Dogecoin will outperform Gamestop in 2021

Benzinga conducted a survey in April 2021 to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

Over 94% of investors believe that Dogecoin will outperform Gamestop in 2021

Over 94% of investors believe that Dogecoin will outperform Gamestop in 2021 (Image: UNILAD)

94.6% of the investors believed that Dogecoin will have the largest percentage gain, while 5.4% believed that Gamestop (GME) stock will have the largest percentage gain.

Shares of GME stock surged 1,600% in January. Individual investors coordinated a buying spree in the video game retailer’s shares using online message boards. The buying surge caught the “shorts” who were betting the stock would fall off guard. These shorts faced unlimited losses unless they bought the stock, further fueling gains.

Dogecoin is now the world’s fifth most valuable cryptocurrency, according to CoinMarketCap. Strong demand for the virtual currency briefly took down Robinhood’s crypto trading systems on Thursday, as the platform struggled to process a surge in orders.

With informations: Benziga

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