Trader Says Rapid, Vertical Growth Could Be Coming to Dogecoin (DOGE) Amid ‘Meme Super Cycle’
A carefully adopted crypto analyst predicts that Dogecoin (DOGE) will all of the sudden go parabolic as different memecoins are placing up huge positive factors.
Pseudonymous dealer Kaleo tells his 641,400 followers on the social media platform X that DOGE might soar greater than 220% from its present worth in opposition to Bitcoin (DOGE/BTC).
“The secret about Dogecoin is, it moves sideways for extended periods, followed by rapid, vertical growth. As bullish as I am on Bitcoin, I have an insanely high conviction DOGE will outpace it. We’re in a meme super cycle. The king of memes won’t be left behind.”
Taking a look at his four-hour chart, the dealer suggests DOGE will rally to 0.000008 BTC price $0.55. At time of writing, DOGE is buying and selling at $0.159.
Subsequent up, the dealer says that Coq Inu (COQ), a memecoin working on the Avalanche (AVAX) community, is about to affirm a bullish reversal and print huge positive factors in opposition to Wrapped AVAX (COQ/WAVAX).
“Alright bros, I think it’s AVAX’s turn to have a run again on the memes. Calling a bottom here on COQ. This is a $1 billion-plus meme with a $200 million market cap. Send it with haste.”
Trying on the dealer’s chart, he suggests COQ/WAVAX might quickly surge previous its diagonal resistance. At time of writing, COQ is price $0.000003.
Lastly, the dealer predicts Bitcoin will quickly hit six figures, a acquire of greater than 44% from its present worth.
“Bitcoin: it’s time for round two. $100,000 is a magnet.”
Bitcoin is buying and selling for $69,130 at time of writing, up greater than 2% within the final 24 hours.
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