Dogecoin Skyrockets Past $0.26—Analyst Foresees 2,600% Mega Rally Ahead
Dogecoin defies gravity with a weekend surge, punching through $0.26 as bullish sentiment floods the meme-coin market.
### The Meme Coin That Won’t Quit
DOGE’s latest breakout has traders scrambling—proving once again that crypto markets laugh at 'fundamentals.'
### A Prediction That’s Either Genius or Madness
One pundit’s 2,600% price target hints at either prophetic vision or a classic case of hopium overdose. Wall Street analysts clutch their pearls.
### The Verdict: HODL or Fold?
With volatility this wild, Dogecoin remains the casino chip of crypto—just don’t bet the ranch unless you enjoy sleeping in a Lambo.
Analyst Sees Dogecoin Price Hitting $6.9 Soon
Dogecoin has once again captured market attention with a powerful weekend rally that saw its price breaking above the $0.26 mark. This explosive movement came as renewed enthusiasm for the meme coin swept through the crypto market, bringing fresh momentum ahead of a possible breakout.
In an X social media post on July 17, just days ahead of the weekend, crypto analyst Kaleo predicted that Dogecoin is setting the stage for an almost 2,600% surge in this cycle. The analyst has also set a bullish target of $6.942 for Dogecoin, a massive leap from its current price of $0.27.
Adding to the hype, Kaleo believes Doge could eventually reach a $1 trillion market capitalization, marking an increase of over 2,350% from its current valuation of $40.8 billion. While his projections appear ambitious, they tap into the broader narrative that meme coins have transcended their joke origins to become digital assets with real value and utility.
Throughout the bear market, dogecoin has maintained a loyal following and consistent visibility, outlasting numerous tokens that faded into irrelevance. This sustained presence, combined with its cultural impact and bullish historical performance, has reinforced the idea that, despite its speculative nature, meme coins hold real and lasting value in the digital asset market.
Although Kaleo’s ultra-bullish projection for the Dogecoin price and market cap this cycle has been met with varying degrees of skepticism and uncertainty, the market expert remains confident in his outlook. When a community member described his forecast as “a bit excessive,” Kaleo firmly responded that it was “not at all”.
Dogecoin Set To Plummet Before Next Target
In other news, crypto analyst Trader Tardigrade announced that Dogecoin appears to be following a classic bullish reversal pattern, as it completes a textbook Double Bottom formation on the daily chart. The meme coin broke out above the neckline resistance NEAR $0.25, confirming the bullish structure that has apparently been developing since February.
According to the expert, this breakout aligns with earlier predictions, particularly as the pattern began to take clearer shape during the June and July rallies.
Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible?
As with Double Bottom patterns, Trader Tardigrade predicts that a temporary decline to the neckline, serving as the new support, is highly likely. If this scenario unfolds as stated, Dogecoin is then forecasted to surge to its next short-term target of $0.476, representing a more than 76% increase from current levels.
