DOGE Rises Past $0.111 Resistance, Setting Stage for $0.150

Dogecoin (DOGE) Surges, Poised for Further Gains

Dogecoin (DOGE) has recently surpassed the $0.111 resistance level, signaling a potential breakthrough. The coin's price has risen by 4.78% in the past 24 hours and 9.03% over the past week, reaching $0.115 at the time of writing. Maintaining this level is crucial for sustained growth.

Dogecoin Holder Distribution

According to statistics shared by Ali Martinez, the distribution of DOGE holders across price points varies significantly. Notably, 62,270 addresses hold over 36 billion DOGE in the range of $0.108090 to $0.111445. Their average acquisition price of $0.109221 positions them in a slightly profitable zone.

Approximately 84.70% of DOGE holders are in the positive, holding 55.64 billion DOGE worth $6.21 billion. They acquired these coins at prices ranging from $0.094671 to $0.109221, indicating that a significant portion of the market purchased below the current price. Conversely, 15.04% of holders, owning 9.88 billion DOGE valued at $1.1 billion, are in the negative, having bought at higher levels.

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