dailyhodl.com
A high-profile analyst whose reputation in the crypto space continues to rise amid his sharp altcoin calls is saying that Dogecoin (DOGE) is not yet done printing gains.
In a new tweet, the crypto strategist known as Kaleo tells his 201,800 followers that he envisions DOGE meteorically rising by over 315% from its current price of $0.36.
“DOGE is far from done. The DOGE fractal from one penny to $0.08 overlaid on top of the current move would have the price top out slightly over $1.00.”
Kaleo is also looking at Dogecoin’s trajectory against Bitcoin (DOGE/BTC). According to the crypto strategist, he expects the coin, which started as a joke in 2013, to climb nearly 100% against BTC from 0.00000573 to 0.00001150.
“DOGE/BTC perfect so far compared to the last major move’s fractal. KEEP SENDING.”
Prior to his bullish calls on DOGE, the crypto strategist revealed that he made a bet on the red-hot crypto asset.
“I can’t fight it anymore. I bought some DOGE for the culture. Send it to $1.00.”
The Shiba-Inu inspired coin continues to send shockwaves through the cryptoverse after it ignited a parabolic ascent that sent it from a low of $0.06 on April 11th to an all-time high of $0.43 on April 16th, representing gains of over 616% in less than a week. At time of writing, DOGE is the sixth-largest coin by market cap with a valuation of $46.95 billion, according to CoinMarketCap.