An influential analyst and trader, known by the pseudonym Kaleo, is sharing optimistic views on a prominent memecoin, while also updating his predictions on three other cryptocurrencies.

Kaleo, who has a substantial following of 638,400 users on the social media platform X, believes that Dogecoin (DOGE) is on the verge of a significant surge. Describing DOGE as the “king of the memes,” Kaleo emphasizes its enduring popularity among both retail investors and the crypto Twitter community. He highlights the initial meme that propelled the coin’s rise and asserts that Dogecoin still holds tremendous potential. Kaleo confidently states, “As soon as it gains momentum, it will skyrocket once again. It’s only a matter of time, and I won’t miss out when it happens.” At the time of writing, Dogecoin is trading at $0.152.

Shifting focus to Bitcoin (BTC), Kaleo expresses a positive outlook, suggesting that the leading cryptocurrency will continue to perform well. Supported by a chart projection, Kaleo anticipates Bitcoin’s value to surpass $100,000 in the coming months. Currently, Bitcoin is trading at $66,003.

Kaleo also shares his predictions for Solana (SOL), stating that the cryptocurrency will reach a new all-time high this year. Although SOL is currently trading at $173, which is a 33% decrease from its peak of $259.96, Kaleo remains confident in its future growth.

As a reminder, The Daily Hodl urges readers to conduct thorough research before making any high-risk investments in Bitcoin, cryptocurrencies, or digital assets. It is important to be aware that all transfers and trades come with inherent risks, and any potential losses are the responsibility of the individual investor. The Daily Hodl does not provide investment advice or recommendations, and readers should exercise caution when engaging in cryptocurrency trading.