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Home»ALTCOIN NEWS»Trader Says Rapid, Vertical Growth Could Come for Dogecoin (DOGE) Amid ‘Meme Super Cycle’
ALTCOIN NEWS

Trader Says Rapid, Vertical Growth Could Come for Dogecoin (DOGE) Amid ‘Meme Super Cycle’

By Crypto FlexsJune 4, 20242 Mins Read
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Trader Says Rapid, Vertical Growth Could Come for Dogecoin (DOGE) Amid ‘Meme Super Cycle’
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One closely watched cryptocurrency analyst predicts that Dogecoin (DOGE) will suddenly go parabolic as other memecoins post massive gains.

pseudonym trader Kaleo tells his 641,400 followers on social media platform

“Dogecoin’s secret is that long periods of sideways movement are followed by rapid vertical growth. I am bullish on Bitcoin, but I have incredibly high confidence that DOGE will outperform Bitcoin. We are in a meme super cycle. The King of Memes will not be left behind.”

Source: Kaleo/X

Looking at the 4-hours chart, the trader suggests that DOGE will rise to 0.000008 BTC, worth $0.55. As of this writing, DOGE is trading at $0.159.

Next, traders say that Coq Inu (COQ), a memecoin running on the Avalanche (AVAX) network, will soon see a bullish reversal and generate massive gains against Wrapped AVAX (COQ/WAVAX).

“Okay brothers, I guess it’s AVAX’s turn to take another look at memes. COQ is hitting rock bottom here. This is a billion dollar+ meme with a market capitalization of $200 million. “Send it quickly.”

video
Source: Kaleo/X

Looking at the trader’s chart, he suggests that COQ/WAVAX could soon surge above the diagonal resistance line. As of this writing, COQ is worth $0.000003.

Finally, the trader predicts that Bitcoin will soon hit six figures, an increase of more than 44% from its current value.

“Bitcoin: Now it’s time for round 2. “$100,000 is a magnet.”

video
Source: Kaleo/X

Bitcoin is trading at $69,130 ​​at the time of writing, up more than 2% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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