Renowned crypto analyst Kaleo has made a bold prediction about the future of Dogecoin (DOGE), stating that it is poised for a parabolic surge while other memecoins experience significant gains. With a following of over 641,400 on X, Kaleo believes that DOGE could increase by more than 220% against Bitcoin (DOGE/BTC).

Kaleo explains, “The secret about Dogecoin is, it tends to trade sideways for extended periods, followed by rapid, exponential growth. Despite my bullish outlook on Bitcoin, I have an extremely strong conviction that DOGE will outperform it. We are currently in a meme super cycle, and the king of memes will not be left behind.”

According to Kaleo’s analysis of the four-hour chart, DOGE could rally to 0.000008 BTC, equivalent to $0.55. As of now, DOGE is trading at $0.159.

Moving on to another memecoin, Coq Inu (COQ), which operates on the Avalanche (AVAX) network, Kaleo suggests that it is on the verge of a bullish reversal and could experience significant gains against Wrapped AVAX (COQ/WAVAX).

Kaleo confidently states, “Alright guys, I believe it’s AVAX’s turn to shine in the memecoin space. I’m calling a bottom here for COQ. This meme has a market cap of over $1 billion, while its value is only $200 million. Let’s send it with speed.”

According to Kaleo’s chart analysis, COQ/WAVAX could soon surpass its diagonal resistance. Currently, COQ is valued at $0.000003.

Lastly, Kaleo predicts that Bitcoin will reach six figures, representing a gain of over 44% from its current value.

“Bitcoin is ready for round two. $100,000 is like a magnet pulling it in,” Kaleo asserts.

As of now, Bitcoin is trading at $69,130, marking a 2% increase in the past 24 hours.

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