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A widely followed crypto analyst and influencer says one emerging altcoin is about to explode to a new all-time high.

The prominent trader known as The Crypto Dog tells his 565,500 Twitter followers that decentralized finance (DeFi) payment network Terra (LUNA) has been on a strong uptrend since July and is currently accelerating en route to fresh highs.

I think that was the last stop before LUNA all-time highs.

LUNA, Terras reserve currency, is trading at $16.98 at the time of writing and is up over 100% in the past 30 days, according to CoinGecko. LUNA is the 23rd-largest crypto asset by market cap and hit its all-time high of $22.36 in March.

The Crypto Dog also thinks that meme crypto asset Dogecoin is poised to outperform Bitcoin.

For what its worth, I think DOGE outperforms from here. I like the DOGE.

The Crypto Dog adds that hes seeing a positive technical signal that could potentially ignite the next leg of Dogecoins rally.

I liked the volume coming in earlier. Think well manage to find liquidity higher.

Dogecoin is trading at $0.27 at time of writing, up nearly 40% in the past week, according to CoinGecko. Bitcoin is trading at $46,271 and is up more than 20% in the past seven days.

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Top Analyst Predicts Parabolic Rally for One Emerging Altcoin, Says Dogecoin Will Outperform Bitcoin - The Daily Hodl