Dogecoin Acquisition Costs Plummet as Traders Eye $0.11 Target
Dogecoin's (DOGE) acquisition costs have dropped to multi-month lows, and with it, traders are eyeing a potential price push toward $0.11.
The number of DOGE holders surged by approximately 8.2 million during this period of declining acquisition costs.
Long-term holders appear to be maintaining their positions rather than selling at lower prices, as the Mean Dollar Invested Age stood at 53 as of press time.
A $1.63 million liquidation cluster near $0.11 is a clear target for traders watching whether fresh capital will push DOGE toward that level.