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BTC $81,882 +0.99%ETH $2,397.83 +1.21%SOL $103.94 +1.88%XRP $1.30 +2.17%BNB $726.20 +1.96%DOGE $0.0791 +1.56%Prices: CoinGecko,
Altcoins & DeFi

Dogecoin’s $36 billion holder cluster faces key $0.081 support test

Image: CoinTurk News

A major concentration of Dogecoin worth approximately $36 billion is drawing attention as the digital asset approaches a critical support level near $0.081. Market participants are closely monitoring this price zone to assess whether it will anchor a recovery or signal further decline. The current cluster of unspent transaction outputs (UTXOs) indicates that a significant number of DOGE holders acquired their coins around the prevailing market price. These clusters are notable because they represent a large group of investors who now sit at or near breakeven, modest profits, or early-stage losses. Dogecoin previously failed to confirm a bullish trend continuation earlier in October, shifting market sentiment.

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