Elon Musk and Dogecoin: A Memecoin Love Affair

1 min read
Source: Barron's
Elon Musk and Dogecoin: A Memecoin Love Affair
Photo: Barron's
TL;DR Summary

Dogecoin is rallying due to hopes of increased use on Twitter, but this time the gains are not solely due to Elon Musk's influence. The price of Dogecoin has risen 7% since early Thursday, outperforming Bitcoin and other cryptocurrencies, which have also risen due to positive economic data and an upgrade to the Ethereum network.

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