Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE). Based on his analysis, the foremost meme coin may make a parabolic run to the upside soon enough. The analyst also alluded to history to reaffirm that this rally will definitely happen.
“It’s Almost Time” For A Good Dogecoin Pump
Crypto Kaleo remarked in an X (formerly Twitter) post that it is almost time for Dogecoin to rally significantly, as he stated that the foremost meme coin is “overdue for a good pump.” The crypto analyst made reference to a DOGE and GME chart while reminding his followers that it was GameStop “that led the way back in early 2021.” He claimed that it wasn’t until after GME topped that Dogecoin started pumping.
Indeed, the GameStop short squeeze is believed to have ushered in the meme season, leading to significant price surges for Dogecoin and other meme coins like Shiba Inu (SHIB). Besides Dogecoin’s correlation with GameStop, the analyst sugges
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