Analyst Sees One Altcoin Mirroring Solana’s 2021 Explosion, Unveils Massive Upside Target for Dogecoin

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Daily Hodl2025/05/13 16:00

By:by Henry Kanapi

A widely followed crypto strategist thinks that one layer-1 platform is closely following in the footsteps of Solana’s ( SOL ) 2021 bull market rampage.

Pseudonymous analyst Kaleo tells his 698,600 followers on the social media platform X Sui’s ( SUI ) price action over the last two years looks very similar to SOL’s 2020-2021 market structure.

In 2021, Solana exploded and rallied by about 300% in just three months after shattering its resistance at $55.

Says Kaleo,

“SUI looks primed for a move similar to the one SOL made in the Fall of 2021.

SUI has been the emerging layer-1 market leader this cycle, similar to what SOL was then.

If current structural similarities continue to play out, things are about to get fun.”

Analyst Sees One Altcoin Mirroring Solana’s 2021 Explosion, Unveils Massive Upside Target for Dogecoin image 0

Source: Kaleo/X

Looking at the trader’s chart, he seems to suggest that SUI is close to skyrocketing and printing new all-time highs.

At time of writing, SUI is trading for $4.04.

Kaleo is also bullish on the leading memecoin Dogecoin ( DOGE ). The analyst shares a chart suggesting that Dogecoin may be repeating its 2018-2021 market structure.

“It’s finally time to pay attention again to the king of memes.”

Analyst Sees One Altcoin Mirroring Solana’s 2021 Explosion, Unveils Massive Upside Target for Dogecoin image 1

Source: Kaleo/X

Based on the chart, Kaleo believes that DOGE will soar to $3 before 2025 expires. At time of writing, DOGE is worth $0.239.

As for Bitcoin, the trader sees BTC running close to $200,000 with short and shallow pullbacks.

“Up only from here fellas.”

Analyst Sees One Altcoin Mirroring Solana’s 2021 Explosion, Unveils Massive Upside Target for Dogecoin image 2

Source: Kaleo/X

At time of writing, Bitcoin is worth $103,868.

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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.

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