Dogecoin

Satoshi

Bitcoin

Coin

<p>Dogecoin (<a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">DOGE</a>) is once again in the spotlight as analysts predict a potential outperformance of Bitcoin (<a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) in the current market cycle. According to renowned analyst KALEO, Dogecoin’s unique price action, characterized by extended sideways movements followed by rapid, vertical growth, positions it as a strong contender in the ongoing meme super cycle.</p>
<h2 class="wp-block-heading" id="the-secret-of-dogecoin-s-price-action">The Secret of Dogecoin’s Price Action</h2>
<p>KALEO highlights the secret behind Dogecoin’s price action, noting that the cryptocurrency tends to move sideways for extended periods before experiencing rapid, vertical growth. This pattern has been observed multiple times throughout Dogecoin’s history, and KALEO believes that the current market cycle is no exception.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a><br><br>The secret about Dogecoin is – it moves sideways for extended periods, followed by rapid, vertical growth.<br><br>As bullish as I am on Bitcoin, I have an insanely high conviction DOGE will outpace it.<br><br>We're in a meme super cycle. The king of memes won't be left behind. <a href="https://t.co/e6VMNlOrEZ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/e6VMNlOrEZ</a></p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1797448650987122787?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Despite KALEO’s bullish outlook on Bitcoin, the analyst expresses an insanely high conviction that Dogecoin will outpace the leading cryptocurrency. This prediction is based on the belief that the current market cycle is a meme super cycle, and as the king of <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="memes" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">memes</a>, Dogecoin is unlikely to be left behind.</p>
<h2 class="wp-block-heading" id="the-potential-impact-of-gamestop-gme-on-meme-coins">The Potential Impact of GameStop (GME) on Meme Coins</h2>
<p>In a separate <a href="https://x.com/cryptokaleo/status/1797466559327408617?s=46" target="_blank" rel="noopener noreferrer nofollow">tweet</a>, KALEO draws attention to the potential impact of GameStop (<a href="https://coinmarketcap.com/currencies/gamestop/" target="_blank" rel="noopener noreferrer nofollow">GME</a>) on the meme coin market. The analyst suggests that as GME started to surge again, based on the recent disclosure of Keith Gill’s (a.k.a. DFV) position, investors should not sleep on Dogecoin and other meme coins.</p>
<p>The connection between traditional meme stocks like GameStop and meme cryptocurrencies has been observed in the past, with the two often experiencing simultaneous price surges driven by retail investor enthusiasm and social media hype.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="dogecoin-one-of-the-safest-trades-in-the-current-cycle">Dogecoin: One of the Safest Trades in the Current Cycle</h2>
<p>Altcoin Sherpa, another prominent analyst, <a href="https://x.com/AltcoinSherpa/status/1797598564283199514" target="_blank" rel="noopener noreferrer nofollow">echoes </a>the sentiment that Dogecoin is poised for major growth in the current market cycle. In a weekly reminder, Altcoin Sherpa states that Dogecoin is going to do something “stupid” later this year, and there’s nothing investors can do about it.</p>
<p>The analyst goes on to describe Dogecoin as one of the safest trades investors can make in the current cycle, emphasizing the cryptocurrency’s potential for substantial gains.</p>
<p><em><strong>Read more:&nbsp;<a href="https://captainaltcoin.com/massive-3-billion-ripple-coins-on-the-move-xrp-price-rally-or-crash/" target="_blank" rel="noopener noreferrer nofollow">Massive 3 Billion Ripple Coins On the Move – XRP Price Rally or Crash?</a></strong></em></p>
<p><em><strong>Join <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/this-dogecoin-pattern-suggests-vertical-growth-for-doge-analyst-compares-the-meme-coin-to-bitcoin-btc/" rel="noopener noreferrer nofollow">This Dogecoin Pattern Suggests Vertical Growth for DOGE: Analyst Compares The Meme Coin To Bitcoin (BTC)</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Dogecoin Pattern Suggests Vertical Growth for DOGE: Analyst Compares The Meme Coin To Bitcoin (BTC)

Table of Contents

CaptainAltcoin

Other articles published on Jun 3, 2024

Prediksi Harga Kripto: Bitcoin Incar di Atas US$70 Ribu, ETH Sasar US$4.500, dan Bonus 25 Persen ...

BlockDAG’s Keynote Sparks Interest as $30 Projections Strengthen Amid Bonk Predictions & PayPal S...

Dogeverse and Kangamoon Lose Their Way as MoonBag Coin Gains Tractions with 20% Liquidity.

Watch Out: 16 Altcoins Have Massive Token Unlocks in the New Week! Here is the Day by Day, Hour b...

GME Skyrockets Following Keith Gill's Investment Disclosure

Cat In A Dogs World Price Prediction: MEW Plunges 10% As This AI Meme Coin Presale Blasts Past $4...

Join our free newsletter for daily crypto updates!