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DOGE survival crisis! $0.14 support lost, a 58% fall hides a bigger crisis.
The "King of Meme Coins" in the crypto world is facing the harshest test in history. Data shows that the annual fall of DOGE has expanded to 58%, firmly sitting at the bottom of the top ten tokens by market capitalization, and even Musk can't "carry it."
"The end of the meme golden age" begins, a massive capital flight.
Since the beginning of this year, PEPE has fallen by 80%, BONK has plummeted by 74%, and DOGE, as the leader in the field, has also not been spared. The core logic is clear: institutional funds are accelerating their withdrawal from high-risk meme coins, turning to mainstream value coins such as BTC and XRP. What's more challenging is that the Federal Reserve's interest rate cuts have not boosted market sentiment; instead, they have exacerbated investors' sell-off of high-risk assets.
Abnormal signals sound the alarm: Is the increase in volume and decrease in price a trap?
In the past 24 hours, DOGE trading volume surged by 19% to surpass $1 billion, but the price fell by 1%. This "volume drop" is a typical panic selling signal in technical analysis—buyers are not entering to catch the bottom, but rather to cut losses in the short term. Cryptocurrency trader Alan Tadegrade warned that if the rising wedge pattern is confirmed, the price may continue to drop by 8.3% to $0.12.
$0.16 becomes the "line of life and death"; falling below it will open up the space for a decline.
On the technical front, the key support at $0.14 has been declared lost, with $0.13 becoming the last line of defense. On the daily chart, DOGE has been trapped in a descending channel since the beginning of October. Analysts point out that only a strong rebound above $0.16 can reverse the downward trend; otherwise, a new wave of selling may test the psychological level of $0.10.
Market consensus is becoming clearer: when "funny culture" meets a tightening cycle, liquidity is the hard truth. Whether DOGE can survive a dire situation, the next 7 days will be a key window period.
Interactive topic: Do you think DOGE can turn around? Will $0.1 be the bottom? Share your views in the comments! Like and share to let more holders see the truth! #doge $DOGE