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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.<\/p>\n
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 put it on Cardano<\/strong> (CRYPTO: ADA<\/a>) or Dogecoin<\/strong> (CRYPTO: DOGE<\/a>):<\/p>\n Cardano: 35.6%<\/p>\n<\/li>\n Dogecoin: 64.4%<\/p>\n<\/li>\n<\/ul>\n Cardano is trading flat at around $0.90 Saturday. Cardano is lower by 16.9% over the past month amid a broader cryptocurrency market pullback.<\/p>\n Dogecoin is\u00a0meanwhile lower by 1.6% at $0.1271 at the time of publication and is trading lower by roughly 15.4% over the past month.<\/p>\n A flashback from the 2021 crypto trading frenzy \u2013 Elon\u00a0Musk<\/strong> <\/strong>caused a stir in the markets last year when he tweeted<\/a> that Tesla Inc<\/strong> (NASDAQ:TSLA<\/a>) won\u2019t begin accepting Bitcoin<\/strong> (CRYPTO: BTC<\/a>) until it increases its use of renewable energy.\u00a0<\/p>\n For the uninitiated, Cardano is a proof-of-stake <\/a>blockchain in contrast to Bitcoin and Ethereum (CRYPTO: ETH<\/a>), which both use a proof-of-work<\/a> protocol. Proof of stake protocols are more environmentally friendly since they use significantly less energy than proof-of-work chains\u2026 Read More<\/a><\/em><\/p>\n\n