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.