Dogecoin ETF Launch Fails to Spark Rally as DOGE Tests Critical Support
Dogecoin’s price action tells a story of disappointment this week, tumbling 14.3% to $0.1362 even as Grayscale and 21Shares launched the first-ever DOGE ETFs on the NYSE. The sell-the-news reaction devastated bulls who expected institutional flows to kick-start a new bullish wave, instead triggering stop-loss cascades through multiple support levels. The main question for traders is: will the monthly low at $0.133 hold as final defense, or are we headed for deeper capitulation?