Popular crypto strategist Crypto Kaleo has projected an explosive rally for Dogecoin (DOGE), suggesting the memecoin could reach a $1 trillion market cap and a price near $7—an increase of over 2,600% from current levels.
DOGE, which is trading around $0.24, has already gained nearly 10% in the past 24 hours. Kaleo’s target is based on historical patterns from the previous market cycle, where Dogecoin peaked at roughly 10% of Bitcoin’s market cap.
With a projected $10 trillion valuation for Bitcoin in this cycle, he argues that DOGE could repeat that ratio.
The analyst also pointed to DOGE’s performance relative to Bitcoin, noting a breakout underway that could trigger a sharp upward move—commonly referred to in trading circles as a “God candle.”
As memecoins continue to demonstrate staying power, DOGE’s bullish momentum may signal that it’s preparing for another parabolic run.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/market/analyst-says-dogecoin-could-surge-to-7-targeting-1-trillion-valuation/