Bitcoin
Crypto Trader Claims Large-Cap Memecoin Is “About to Rip,” Updates Outlook on Bitcoin and Solana
A widely followed analyst and trader is expressing bullish sentiment toward a leading memecoin while updating his outlook on three other crypto assets.
The analyst known pseudonymously as Kaleo it says his 638,400 followers on the social media platform X that Dogecoin (DOGE) is “about to tear”.
On the largest memecoin by market cap, the widely followed analyst still it says,
“DOGE has always been and will always be the king of memes. All of retail is still familiar with it, and all of crypto Twitter was built on top of it.
It was the initial meme that allowed us to believe that all it took was a dog and a community to start a movement.
Dogecoin is not dead.
Once he starts getting a shot, he will move vertically once again… It’s only a matter of time before that happens, and I refuse to sit on the sidelines when that happens.”
Dogecoin is trading at $0.152 at the time of writing.
Turning to Bitcoin (Bitcoin), Kaleo it says he has the “feeling that it continues to do well from here”.
Source: Kaleo/X
Based on Kaleo’s chart, it appears the pseudonymous analyst is projecting Bitcoin to rise to over $100,000 in the coming months.
Bitcoin is trading at $66,003 at the time of writing.
Next up is Solana (SUN). According to widely respected analyst Solana shoot to a new all-time high this year.
Solana is trading at $173 at the time of writing, down about 33% from its all-time high of $259.96.
Don’t miss a beat – Subscribe to receive email alerts directly to your inbox
To check Price Action
Follow us on X, Facebook It is Telegram
To surf Hodl’s daily mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Image generated: DALLE3