A bevy of smaller cryptocurrencies outperformed market-leader Bitcoin in recent days as enthusiasm about the sector’s prospects under President-elect Donald Trump encouraged a wave of speculative bets.
Among the leaders are Shiba Inu-themed digital token Dogecoin, a meme-crowd darling promoted by Trump supporter Elon Musk. Also known as Doge, the coin is up about 50% in the past five days, according to data compiled by Bloomberg.
