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Dogecoin outperforms Bitcoin on Trump’s election win, Musk’s link to DOGE
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Dogecoin outperforms Bitcoin on Trump’s election win, Musk’s link to DOGE

A bevy of smaller ones cryptocurrencies outperformed the market leader Bitcoin in recent days as enthusiasm about the industry’s prospects under the president-elect Donald Trump led to a wave of speculative bets.

Among the leaders are the Shiba Inu-themed digital tokens Dogecoina darling of the meme crowd, promoted by Trump supporter Elon Musk. The coin, also known as Doge, has risen about 50% in the past five days, according to data compiled by Bloomberg.