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Dogecoin Is Rallying. It's More Than Elon Musk’s Antics This Time.

source-logo  barrons.com 14 April 2023 12:22, UTC
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Dogecoin was rallying Friday as the memecoin once again benefited from hopes that it could see a boost in use because of Twitter. This time, the gains have less to do with Elon Musk’s antics, however.

The price of Dogecoin has jumped 7% since early Thursday, outperforming Bitcoin and many other cryptocurrencies over the same period—though digital assets widely have risen amid positive economic data and a key upgrade to the Ethereum network.

barrons.com