Dogecoin To Jump 125% Amid Crypto Slide? Analyst Says 'Maybe I'm Crazy' But Sets Sight On This Level

A pseudonymous analyst is making bold predictions about the future of Dogecoin (CRYPTO: DOGE), 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 (CRYPTO: BTC), and Ethereum (CRYPTO: ETH). 

Read Next: Bitcoin, Ethereum, Dogecoin Drop After Vitalik Buterin Transfers ETH Worth $1M To Coinbase: Analyst Warns BNB Is Casually Dragging Down Entire Crypto Market

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