Memecoin News
A trader predicts that Dogecoin (DOGE) could see a significant increase in value during a “meme super cycle.” This was reported by The Daily Hodl.
Jun
According to a cryptocurrency expert, it is expected that Dogecoin and other meme-inspired coins will experience a rapid increase in value.
According to a well-respected cryptocurrency expert, Dogecoin (DOGE) is poised to see a sudden increase in worth amidst other memecoins’ notable growth.
Kaleo, a well-known trader on X with 641,400 followers, predicts that DOGE/BTC could see a massive increase of over 220%.
Dogecoin has a unique pattern of alternating between stability and sudden, steep spikes in its value. While I have a positive outlook on Bitcoin, I am strongly convinced that DOGE will surpass it. This is due to the current trend of memes which is at its peak. The leader of memes will not be left behind.
Based on Kaleo’s evaluation, DOGE is expected to surge towards 0.000008 BTC, which is equal to $0.55 in value. At the moment, DOGE is being traded at $0.159.
Changing direction, Kaleo also draws attention to Coq Inu (COQ), a meme-inspired cryptocurrency based on the Avalanche (AVAX) blockchain, as a potential standout in the industry. He predicts a positive turnaround for COQ in comparison to Wrapped AVAX (COQ/WAVAX).
“Hey guys, I believe it’s AVAX’s time to have a surge in memes. I predict that COQ has reached its lowest point. This meme has a value of over $1 billion but only has a $200 million market cap. Let’s share it quickly!”
According to Kaleo’s analysis of the chart, COQ/WAVAX is anticipated to surpass its diagonal resistance in the near future. As of now, COQ holds a value of $0.000003.
Lastly, Kaleo foresees Bitcoin reaching six digits in the near future, a growth of more than 44% from its current value.
“Round two for Bitcoin is here: $100,000 is calling.”
Currently, the value of Bitcoin stands at $69,130, indicating a growth of over 2% in the past 24 hours.
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