Dogecoin Price Target Nears as Acquisition Costs Plummet

Dogecoin's (DOGE) acquisition costs have hit multi-month lows, and on-chain data suggests that fresh capital could push prices toward $0.11.

The number of Dogecoin holders has surged by roughly 8.2 million during this period, despite recent volatility in memecoin markets.

A liquidation heatmap from CoinGlass identifies a $1.63 million cluster around the $0.11 level, which typically attracts sidelined capital when combined with low acquisition costs and steady holder behavior.