We're still in a 'meme coin supercycle' - Dogecoin to rise 1,500% according to analyst
A prominent analyst and crypto trader has shared his bullish enthusiasm for Dogecoin (DOGE).
Kaleo share with his followers that Dogecoin could appreciate by 700% to 1,500% from its current price. He stated:
“I still believe we are in a meme coin supercycle and we will see DOGE shoot up to $1-$2. History just says that we probably have a little time left to prepare for it before it happens.”
At the time of writing the price of Dogecoin is $0.126.
READ MORE:
Mining giant Marathon Digital begins mining KaspaAs for the timing of Dogecoin's potential rally, Kaleo explained,
“Each of these previous Dogecoin rallies took roughly eight to nine months after the Bitcoin halving event before shooting up. We are currently just two months past the last halving. That being said, it would actually be more in line with the trend that the real breakout doesn't happen until December-February.”
However, the analyst warned that Dogecoin could fall as much as 36% ahead of the expected rally.
"With that in mind, I wouldn't be surprised to see the current trend break down back to the $0.08 to $0.10 range and back to the February move of around $0.09 to $0.22 that we saw. A similar pattern breakout of approximately 30% decline occurred in August 2020, a few months before the DOGE mass distribution began", he noted.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Philippines’ budget office launches Polygon blockchain system to track government and public funds
Share link:In this post: The Philippines has launched a blockchain system on Polygon to track and verify government spending. The system connects the DBM’s internal processes to a public ledger using BYC’s Lumen and Prismo Protocol. This move aims to eliminate document fraud and restore public trust in government financial transparency, with plans to include procurement, inventory, and real-time auditing.
Russia mulls deadline to end support for Mastercard and Visa cards
Share link:In this post: Bank of Russia to scrap cards issued by Visa and Mastercard. Russia’s monetary authority is to set expiry dates for the foreign payment cards. The central bank invites Russians to replace their Visas and Mastercards with Russian Mirs.
Amazon reports stronger-than-expected Q2 earnings, credits revenue growth to AI
Share link:In this post: Amazon’s Q2 2025 revenue rose 13% to $167.7 billion, driven by AI and strong AWS performance. Net income increased to $18.2 billion, while operating income hit $19.2 billion, both beating last year’s numbers. Prime Day broke records, new AI tools launched, and satellite and streaming projects expanded.
Michael Saylor’s Strategy sees all-time high revenue growth in Q2 thanks to Bitcoin purchases
Share link:In this post: Strategy reported $14.03B in Q2 operating income and $10.02B in net income, driven by Bitcoin gains. The company holds 628,791 BTC at a total cost of $46.07B and saw a $13.2B BTC dollar gain YTD. Over $10.5B was raised via stock offerings in Q2 and July, including IPOs and ATM programs.
Trending news
MoreCrypto prices
More
