Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE), revealing how well the foremost meme coin could perform in this bull run. He also suggested that there was no need to worry about Dogecoin\u2019s current price action, which paints a bearish outlook for the meme coin.\u00a0 Dogecoin Will Outpace Bitcoin In This Market Cycle Crypto Kaleo mentioned in an X (formerly Twitter) post that he has \u201can insanely high conviction\u201d that Dogecoin will \u201coutpace\u201d Bitcoin in this market cycle. He made this statement while revealing that he is also bullish on the flagship crypto. Given how high Bitcoin is expected to rise in this bull run, this undoubtedly paints an ultra-bullish narrative for the foremost meme coin. Related Reading: Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here\u2019s Why From the chart he shared, Crypto Kaleo predicts that Dogecoin could rise over 200% against its Bitcoin pair and climb to as high as $0.55. He is convinced that Dogecoin can make such a run because he claims the market is in a \u201cmeme super cycle.\u201dAs such, he remarked that the \u201cking of memes won\u2019t be left behind.\u201d Despite this being a meme super cycle like Crypto Kaleo claims, Dogecoin\u2019s price has continued to lag compared to other meme coins. However, the analyst suggested that DOGE\u2019s current price action is normal, stating that the meme coin \u201cmoves sideways for extended periods, followed by rapid vertical growth.\u201d In an earlier X post, the analyst suggested that this \u201crapid vertical growth\u201d could happen once GameStop\u2019s (GME) stock tops. He drew a correlation between both assets, noting that Dogecoin\u2019s price rallied in the 2021 bull run after GME topped. He expects something similar to happen this time, especially with Roaring Kitty’s return. Meanwhile, Crypto Kaleo isn\u2019t the only one who believes that Dogecoin can outperform Bitcoin in this market cycle. Crypto analyst Don Alt also seems to hold this belief as he previously suggested that Dogecoin was a better investment than Bitcoin based on his claim that Dogecoin can rise to as high as $2 in this bull run.\u00a0 DOGE Going To Go Parabolic Later This Year Crypto analyst Altcoin Sherpa has also offered a bullish narrative for Dogecoin. In a recent X post, he stated that the foremost meme coin \u201cis going to do something stupid later this year,\u201d suggesting that a parabolic rise was on the horizon for Dogecoin. He added that Dogecoin is still one of the \u201csafest trades\u201d anyone can make in this cycle.\u00a0 Related Reading: Crypto Analyst Forecasts A 4,000% XRP Price Run To $30, Here\u2019s When He also seems to believe that Dogecoin can outperform Bitcoin in this cycle, noting in another X post that Dogecoin was one of the few altcoins that increased and held above their Bitcoin pair in the 2021 bull run. He added that these altcoins \u201care for this cycle\u201d and that crypto investors should keep this in mind.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":611596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[167,6664,26263,14690,1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-611565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\n
Popular Analyst Predicts Dogecoin Will Outperform Bitcoin As Market Enters Meme Coin Super Cycle<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n