Dogecoin To Explode By More Than 150%

It’s been revealed the fact that Dogecoin (DOGE) will explode by more than 150%. Check out the latest reports about this below.

Pseudonymous analyst Kaleo said that the $0.25 price is a “magnet” for Dogecoin.

The flagship meme coin, which is trading at $0.098 at time of writing, would need to appreciate by around 155% from current levels to hit Kaleo’s target.

“DOGE/Dogecoin

25 cents is a magnet.”

According to an article shared by the online publication the Daily Hodl, in an attached chart of Dogecoin against the US dollar, Kaleo seems to be suggesting that the leading meme coin is likely to find stiff resistance upon hitting the $0.25 target and retrace to just above $0.1350.

The popular analyst and trade also said the fact that Elon Musk could be the catalyst that drives Dogecoin’s rally as April 20 (4/20), a number and date the world’s second-richest person has regularly made a meme theme out of, approaches.

“I’ll be surprised if DOGE doesn’t run higher through the meme holiday of 4/20.

When Elon starts talking about Dogecoin, it usually doesn’t happen in isolated events.

He has another meme up his sleeve. It’s just a matter of when he breaks it out.

Ten cents and under is free.”

Dogecoin is rallying after its most famous supporter, tech billionaire Elon Musk, changed Twitter’s icon to the DOGE logo.

The online publication the Daily Hodl notes the fact that Musk, who has a history of sparking Dogecoin rallies, made the logo change before posting his own version of an old meme featuring the DOGE logo.

Immediately, DOGE began pumping, and is currently up 27% since the Twitter CEO’s executive decision.

Musk also referenced an old tweet from last year before he purchased the social media giant where he seemingly joked about changing the Twitter logo to “a Doge.”