Dogecoin Price Drops Below Key Support Level

Recent price drops for Dogecoin below its critical support level of $0.15 signal a concerning trend for the meme coin’s future, as institutional ETF inflows have dramatically decreased. The decline coincides with an 80% drop in these inflows, which has weakened market stability and exacerbated selling pressure. Dogecoin is currently facing increased volatility due to a combination of weak liquidity, institutional exits, and community-driven responses.