DOGE Acquisition Costs Fall Amid Growing Holder Base and $1.63M Liquidity Cluster
Dogecoin (DOGE) acquisition costs have fallen to multi-month lows, reaching its lowest point in months. This decrease in cost comes as a surge of roughly 8.2 million new holders joined the network during this period.
The number of holders growing despite recent volatility across memecoin markets suggests long-term holders are maintaining their positions rather than selling at lower prices. Technical indicators show DOGE consolidating within a flag structure while the Stochastic RSI bounces from oversold territory.
A $1.63 million liquidation cluster around $0.11 creates a clear target for traders, and if fresh capital continues to flow into DOGE, price action could move toward this level. Breaking above it would invalidate the current consolidation pattern entirely.