The crypto space never ceases to surprise, and recent analysis from a well-known strategist hints that we might be on the verge of an exciting rally for two altcoins that are capturing investor attention: Dogecoin and SUI. Both appear to be setting the stage for impressive moves reminiscent of some of the market’s most explosive rallies in recent years.
SUI: The Layer-1 Challenger Gearing Up for Big Moves
Pseudonymous crypto analyst Kaleo, who commands nearly 700,000 followers on social platform X (formerly Twitter), has been vocal about the potential in the layer-1 blockchain space—specifically spotlighting SUI as a standout.
According to Kaleo’s detailed technical assessments, SUI’s price action over the last couple of years mirrors the trajectory Solana (SOL) took during its meteoric rise in 2021. Back then, SOL shattered a critical resistance level around $55 and rocketed upwards by roughly 300% in just three months, catching many by surprise and igniting a bull frenzy.
Kaleo believes SUI is currently positioned in a similar setup: the groundwork is being laid for a comparable breakout. As he puts it, “SUI is the new leader in layer-1 this cycle.” He’s optimistic that if the current price structures and market dynamics hold, investors could soon witness a significant surge akin to what Solana delivered in the fall of 2021.
Presently, SUI trades around $4.04, but the momentum behind it suggests that higher highs could be imminent, possibly sending the token into new record territory.
Dogecoin’s Revival: Memecoin King Ready to Shine Again
Beyond the layer-1 scene, Kaleo’s bullish outlook extends to the beloved meme coin that kicked off the crypto meme mania: Dogecoin (DOGE). While often dismissed by skeptics as a joke, DOGE has continuously demonstrated resilience and an uncanny ability to capture the community’s enthusiasm.
Kaleo recently shared a chart analysis that compares Dogecoin’s recent market behavior with its historic bull runs from 2018 to 2021. The implication is clear: DOGE may be gearing up for a similar upward trajectory. “It’s finally time to pay attention again to the king of memes,” he urged his followers.
Currently trading around $0.239, Kaleo’s projections suggest DOGE could climb as high as $3 by the end of 2025—a staggering increase that would reinvigorate interest in meme coins and highlight Dogecoin’s staying power in a crowded market.
Bitcoin’s Steady Strength Amid Uncertainty
While altcoins like SUI and DOGE are showing promise, Kaleo maintains a cautious but optimistic stance on Bitcoin’s position. Despite minor pullbacks, he points out that Bitcoin’s value remains robust and resilient. With its current price hovering near $103,868, Bitcoin has only experienced relatively shallow corrections so far.
The analyst notes that Bitcoin’s running cost basis is close to $200,000, underscoring the commitment of miners and investors alike to holding their positions. His summary? “Up only from here, fellas,” signaling that Bitcoin could continue to underpin broader market strength while altcoins prepare for their breakout moments.
What This Means for Investors
For crypto enthusiasts, Kaleo’s analysis offers an exciting roadmap. The parallels drawn between SUI’s current structure and Solana’s breakout hint at major upside potential in the layer-1 sector, which continues to be a hotbed of innovation and development. Meanwhile, Dogecoin’s poised resurgence could renew interest in the memecoin space, driving fresh waves of community support and price appreciation.
While no investment is without risk, these insights could help investors identify promising altcoins that may outperform during the next crypto rally. Keeping an eye on key resistance levels, market sentiment, and Bitcoin’s overarching strength will be crucial as we move deeper into 2025.
If you’re looking to stay ahead in the crypto markets, watching how SUI and Dogecoin evolve could offer valuable clues to the next big wave — and as Kaleo suggests, the fun might just be starting.
