Dogecoin (DOGE) Will Explode by Over 150%, According to Popular Crypto Analyst

0 5

knife

A widely followed analyst and trader believes Dogecoin (DOGE) could rally by triple-digit percentage points.

Pseudonymous analyst Kaleo tells his 572,800 Twitter followers that the $0.25 price is a “magnet” for Dogecoin.

The flagship meme coin, which is trading at $0.098 at time of writing, would need to appreciate by around 155% from current levels to hit Kaleo’s target.

“DOGE/Dogecoin

25 cents is a magnet.”

And in an attached chart of Dogecoin against the US dollar, Kaleo seems to be suggesting that the leading meme coin is likely to find stiff resistance upon hitting the $0.25 target and retrace to just above $0.1350.

Source: Kaleo/Twitter

According to the widely followed analyst and trader, Elon Musk could be the catalyst that drives Dogecoin’s rally as April 20 (4/20), a number and date the world’s second-richest person has regularly made a meme theme out of, approaches.

“I’ll be surprised if DOGE doesn’t run higher through the meme holiday of 4/20.

When Elon starts talking about Dogecoin, it usually doesn’t happen in isolated events.

He has another meme up his sleeve. It’s just a matter of when he breaks it out.

Ten cents and under is free.”

Earlier this week, a Dogecoin rally of over 30% coincided with Musk changing Twitter’s bird logo to an image of the Shiba Inu dog which is the face of the DOGE crypto asset.

Musk is currently challenging a $258 billion lawsuit from a group of investors who allege that the billionaire hyped up the price of Dogecoin by 36,000% to an all-time high of just below 75 cents before it crashed to under 10 cents.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox



Check Price Action



Follow us on Twitter, Facebook and Telegram



Surf The Daily Hodl Mix


Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Foryoui3/Lemonade Serenade

The post Dogecoin (DOGE) Will Explode by Over 150%, According to Popular Crypto Analyst appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 70,366.85
ethereum
Ethereum (ETH) $ 3,562.69
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 609.49
solana
Solana (SOL) $ 186.23
staked-ether
Lido Staked Ether (STETH) $ 3,553.52
xrp
XRP (XRP) $ 0.617415
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.215583
cardano
Cardano (ADA) $ 0.644918
avalanche-2
Avalanche (AVAX) $ 53.96
shiba-inu
Shiba Inu (SHIB) $ 0.000031
the-open-network
Toncoin (TON) $ 4.87
polkadot
Polkadot (DOT) $ 9.56
bitcoin-cash
Bitcoin Cash (BCH) $ 579.37
chainlink
Chainlink (LINK) $ 19.03
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 70,339.85
tron
TRON (TRX) $ 0.120425
uniswap
Uniswap (UNI) $ 12.70
matic-network
Polygon (MATIC) $ 0.993747
internet-computer
Internet Computer (ICP) $ 17.38
near
NEAR Protocol (NEAR) $ 7.05
litecoin
Litecoin (LTC) $ 94.39
aptos
Aptos (APT) $ 17.09
leo-token
LEO Token (LEO) $ 6.03
blockstack
Stacks (STX) $ 3.55
filecoin
Filecoin (FIL) $ 9.39
dai
Dai (DAI) $ 1.00
cosmos
Cosmos Hub (ATOM) $ 12.22
ethereum-classic
Ethereum Classic (ETC) $ 32.24
arbitrum
Arbitrum (ARB) $ 1.65
render-token
Render (RNDR) $ 10.97
immutable-x
Immutable (IMX) $ 2.94
crypto-com-chain
Cronos (CRO) $ 0.152568
stellar
Stellar (XLM) $ 0.140519
hedera-hashgraph
Hedera (HBAR) $ 0.11449
okb
OKB (OKB) $ 63.73
the-graph
The Graph (GRT) $ 0.405179
mantle
Mantle (MNT) $ 1.17
dogwifcoin
dogwifhat (WIF) $ 3.70
optimism
Optimism (OP) $ 3.68
bittensor
Bittensor (TAO) $ 526.39
fetch-ai
Fetch.ai (FET) $ 3.19
vechain
VeChain (VET) $ 0.045796
injective-protocol
Injective (INJ) $ 37.43
maker
Maker (MKR) $ 3,549.60
pepe
Pepe (PEPE) $ 0.000008
kaspa
Kaspa (KAS) $ 0.136997
thorchain
THORChain (RUNE) $ 9.19
theta-token
Theta Network (THETA) $ 2.93
fantom
Fantom (FTM) $ 0.999812
arweave
Arweave (AR) $ 41.73
sui
Sui (SUI) $ 2.11
first-digital-usd
First Digital USD (FDUSD) $ 1.00
lido-dao
Lido DAO (LDO) $ 2.84
celestia
Celestia (TIA) $ 14.38
monero
Monero (XMR) $ 136.86
gala
GALA (GALA) $ 0.065776
floki
FLOKI (FLOKI) $ 0.000245
sei-network
Sei (SEI) $ 0.861586
algorand
Algorand (ALGO) $ 0.271776
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,922.57
flow
Flow (FLOW) $ 1.36
quant-network
Quant (QNT) $ 136.57
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,642.37
aave
Aave (AAVE) $ 127.42
beam-2
Beam (BEAM) $ 0.035601
bonk
Bonk (BONK) $ 0.000028
bitcoin-sv
Bitcoin SV (BSV) $ 93.44
conflux-token
Conflux (CFX) $ 0.47146
wrapped-eeth
Wrapped eETH (WEETH) $ 3,684.64
singularitynet
SingularityNET (AGIX) $ 1.35
jupiter-exchange-solana
Jupiter (JUP) $ 1.27
elrond-erd-2
MultiversX (EGLD) $ 60.46
dydx-chain
dYdX (DYDX) $ 3.47
havven
Synthetix Network (SNX) $ 4.92
starknet
Starknet (STRK) $ 2.21
ribbon-finance
Ribbon Finance (RBN) $ 1.67
the-sandbox
The Sandbox (SAND) $ 0.697345
bittorrent
BitTorrent (BTT) $ 0.000002
axie-infinity
Axie Infinity (AXS) $ 10.96
ether-fi-staked-eth
ether.fi Staked ETH (EETH) $ 3,567.58
bitget-token
Bitget Token (BGB) $ 0.996512
ethena-usde
Ethena USDe (USDE) $ 1.00
ecash
eCash (XEC) $ 0.000069
tezos
Tezos (XTZ) $ 1.43
ordinals
ORDI (ORDI) $ 66.48
worldcoin-wld
Worldcoin (WLD) $ 8.50
pyth-network
Pyth Network (PYTH) $ 0.904974
mina-protocol
Mina Protocol (MINA) $ 1.24
chiliz
Chiliz (CHZ) $ 0.145514
gatechain-token
Gate (GT) $ 9.79
eos
EOS (EOS) $ 1.12
flare-networks
Flare (FLR) $ 0.034843
ondo-finance
Ondo (ONDO) $ 0.88906
apecoin
ApeCoin (APE) $ 2.02
decentraland
Decentraland (MANA) $ 0.670017
axelar
Axelar (AXL) $ 2.03
ronin
Ronin (RON) $ 4.04
akash-network
Akash Network (AKT) $ 5.25