The reason is because of Elon Musk and other huge name such as Mark Cuban but the main person is Elon.
If I'm not mistaken, is the rise of BTC partly due to his impact? What can I call it? Is the special ability of the rich? I have heard a beautiful saying, that means: when you are rich, whatever you do is right =))) It is the truth
That's the truth when you're rich and that also depicts your power. In his status, he can say whatever he want to say and that will represent how strong his influence is in such market just like what he is showing with Dogecoin.
He's also into bitcoin but what we're seeing at he's always going with the tweets for Dogecoin. But just some good news for those Dogecoin holders, it's now $0.56. Congrats to you folks!