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Renowned Trader Kaleo Predicts Bullish Return for Dogecoin to $0.10

July 4 (Cointime) - Renowned trader Kaleo has predicted a bullish return for Dogecoin, the meme-inspired cryptocurrency, with a potential rise to $0.10. Despite being down around 90.38% from its all-time high in May 2021, Dogecoin is holding steady and currently trading at around $0.069974. The crypto's market cap is approximately $9.85 billion, with a 24-hour trading volume nearing $442 million.

Dogecoin gained popularity earlier this year due to endorsements from celebrities like Elon Musk and retail traders inspired by the GameStop rally, and a Nielsen Homescan survey showed that approximately 6 million US households owned the meme coin.

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