The Dogecoin price has surged significantly in the last 24 hours, rising by almost 10%. This price surge is thanks to several bullish developments, including plans to launch a zero-knowledge virtual machine (zkVM) on the Dogecoin Network to enable smart contracts. Dogecoin whales have also been actively accumulating the foremost meme coin.
Why The Dogecoin Price Is Rising So Fast
The meme coin’s price has surged for several reasons. One is the QED protocol’s plans to enable smart contracts on the Dogecoin network. Elon Musk also continues to support DOGE, and whales are actively accumulating the top meme coin.
QED Protocol To Enable Smart Contracts On DOGE Network
The DOGE price is rising so fast partly because of its bullish fundamentals. QED protocol announced its partnership with Nexus to launch a zero-knowledge virtual machine (zkVM) on the Dogecoin network. This move will enable smart contracts functionality on the meme coin’s network and help it compete with Ethereum and So
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