Dogecoin (DOGE) has seen a notable price increase, rising by almost 10% in the past 24 hours. This surge is attributed to several factors working in favor of the popular meme cryptocurrency.
The introduction of a zero-knowledge virtual machine (zkVM) on the Dogecoin network has significantly enhanced its utility, contributing to the price rise.
Additionally, key large investors, known as whales, and support from Elon Musk have also played a crucial role in boosting Dogecoin's price.
