Donald Trump’s election victory has ushered in a new boom for Bitcoin, the world’s best-known cryptocurrency.
The return of The Donald has also prompted a surge in the value of Dogecoin, a ‘meme-coin’, due to its ties with Tesla boss and Trump favourite Elon Musk.
Dogecoin, whose name has nothing to do with the rulers of Venice but is a deliberate mis-spelling of dog, has soared by 128 per cent since the result of the November 5 election.
Bitcoin has gained ‘just’ 31 per cent over the same period.
Dogecoin was invented a decade ago by two software engineers who decided to create a payment system as a joke, to make fun of the mania for crypto.
Meme-coins are digital currencies inspired by characters or themes in internet culture…
