A pseudonymous analyst is making bold predictions about the future of Dogecoin DOGE/USD, foreseeing a surge of more than 125%.
What Happened: Kaleo on Monday said, “Maybe I’m crazy, but I’m watching for something like this.”
The chart indicated that DOGE could potentially rise to $0.14, representing an increase of 125%. At the time of writing, DOGE was trading at $0.062.
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Why It Matters: Amid these predictions, the creator of Dogecoin, Billy Markus, shared his investment principles and highlighted his favorite tokens.
In a post on X last Thursday, Markus imparted a valuable piece of advice to traders, recommending not to invest an amount in cryptocurrencies that they would not be comfortable seeing “burn in a fire.”
Markus revealed his preferred cryptocurrencies, pointing out the top two contenders in terms of market capitalization, Bitcoin BTC/USD, and Ethereum ETH/USD.
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