Retail Wave Spurs Sevenfold Surge in Dogecoin Into Crypto Top 10

Photographer: Akos Stiller/Bloomberg
Lock
This article is for subscribers only.

Fresh from a blistering rally on Thursday, cryptocurrency Dogecoin is soaring again atop a wave of demand churned up in chat rooms and on social media.

The digital coin originally created as a joke jumped into the top 10 cryptocurrencies by market value on Friday at the end of a volatile week characterized by frenzied speculative trading by retail investors.