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Dogecoin is a joke − so what’s behind its rally?

  • Written by Maximilian Brichta, Doctoral Student of Communication, University of Southern California
imageIn the week after the 2024 presidential election, the coin's value jumped 250%.Jakub Porzycki/NurPhoto via Getty Images

Rockets aren’t the only thing Elon Musk is sending into the stratosphere.

After a three-year plummet, Dogecoin is blasting off again, jumping 250% since the election of Donald Trump – part of a broader wave of optimism...

Read more: Dogecoin is a joke − so what’s behind its rally?

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