Dogecoin Acquisition Costs Plummet Amid Growing Holder Base
Dogecoin's acquisition costs have plummeted to multi-month lows, sparking renewed interest in the cryptocurrency. The number of holders has surged by approximately 8.2 million during this period, despite recent volatility in memecoin markets.
The Mean Dollar Invested Age stood at 53 as of press time, indicating that coins are not being moved aggressively between wallets. Long-term holders appear to be holding onto their positions rather than selling at lower prices.
A $1.63 million liquidation cluster around the $0.11 level has created a clear target for traders watching whether fresh capital will push prices toward this level. Historically, such concentration zones have attracted sidelined capital when acquisition costs drop and holder bases expand.