A generally followed Crypto analyst says that one popular memecoin seems ready to print stunning profits on the way to a $ 1 trillion market capital valuation.
In a new thread, pseudonymous crypto trader Crypto Kaleo tells His 709,800 followers on the social media platform X that he proposes the Digital Active theme Dogecoin (Doge) of the dog theme that rises to a price tag of almost $ 7, which would be a huge profit of more than 2,600%.
“My target for Doge This cycle is a market capitalization of one trillion dollar (around $ 6,9420). Memes have proven that they have real value in the course of the Bear Market. The king of the memes deserves to see $ 1 trillion.”
Dogecoin acts for $ 0.24 at the time of writing, a win of 9.97% during the last 24 hours.
Crypto Kaleo continues remark He mathed his prediction mathematically by comparing how Doge did the last cycle against Bitcoin (BTC) and assuming it would follow a similar pattern.
“Kaleo, isn’t this a bit to be bullish? ‘Let’s do some math!
The analyst concludes By saying that DOGE is currently breaking out compared to the best crypto activation per market capitalization and that traders have to expect a prospective ‘God -candle’.
“Dogecoin breaks from versus bitcoin. 100%+ god candles income.”
BTC acts for $ 118,147 at the time of writing, a fractional decrease on the day.
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Generated image: dalle3