Kaleo: Dogecoin Far From Done – Here’s How High It Could Go

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.

The $DOGE fractal from 1 penny to 8 cents overlaid on top of the current move would have the price top out slightly over $1.00. pic.twitter.com/aSyIcuYupt

— K A L E O (@CryptoKaleo) April 16, 2021

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. pic.twitter.com/mJuCtVOh6m

— K A L E O (@CryptoKaleo) April 16, 2021

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.

— K A L E O (@CryptoKaleo) April 16, 2021

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 eight-largest coin by market cap with a valuation of $37.37 billion, according to CoinMarketCap.

Source