The widely followed analyst and trader expresses his bullish view on the leading meme coin, while updating his outlook on three other crypto assets.
An analyst known by the pseudonym Kaleo told his 638,400 followers on social media platform X that Dogecoin (DOGE) is “about to rip.”
Regarding the largest meme coin by market capitalization, a widely followed analyst further said:
“DOGE has been and will continue to be the king of memes. All retailers are still well aware of it, and the entire cryptocurrency Twitter was raised on this.
This meme was the first one that allowed us to believe that a dog and a community were enough to start a movement.
Dogecoin is not dead.
As soon as it starts to get a little bit bid, it will move vertical again… It's only a matter of time before that happens and I refuse to be sidelined when it does. ”
At the time of writing, Dogecoin is trading at $0.152.
Turning to Bitcoin (BTC), Kaleo says, “I feel it will continue to do well.''
Based on Kaleo's charts, the pseudonymous analyst appears to be predicting Bitcoin to rise above $100,000 in the coming months.
At the time of writing, Bitcoin is trading at $66,003.
Next is Solana (SOL). Solana will soar to new all-time highs this year, according to a widely followed analyst.
Solana is trading at $173 at the time of writing, down about 33% from its all-time high of $259.96.
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