‘We’re in a Memecoin Supercycle’: Analyst Says Dogecoin Primed To Explode by up to 1,510% – But There’s a Catch
Dogecoin (DOGE) could hit a new all-time high during the current cycle , according to a widely followed cryptocurrency analyst and trader. The analyst pseudonymously known as Kaleo tells his 642,600 followers on the social media platform X that Dogecoin is mimicking price action and that the largest memecoin by market cap could skyrocket by between 706% and 1,512% from the current level. “I still believe we’re in a meme coin super cycle and we’ll see DOGE send to $1 – $2. History just says we most likely have a little bit of time left to prep for it before it happens.” According to the pseudonymous analyst Dogecoin could plunge first by up to 35% from the current level before climbing. “With that in mind, I wouldn’t be surprised to see the current bullish trend break lower back to the $0.08 – $0.10 range and retrace the February move up [from around $0.075 to $0.23] that we saw.” The widely followed analyst ...