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Dogecoin price tests critical support as Wall Street ETF demand vanishes

Dogecoin price tests critical support as Wall Street ETF demand vanishes

Dogecoin price has fallen 3.17% to $0.071 on July 17 as its exchange-traded funds completed one month without recording fresh inflows.

Summary

  • Dogecoin price fell 3.17% to $0.071 as its ETFs completed one month without fresh inflows.
  • T. Rowe Price allocated 1.28% of its new active crypto ETF to DOGE.
  • A break below $0.0711 could expose Dogecoin to declines toward $0.070 and $0.068.

SoSoValue data shows that U.S. Dogecoin ETFs attracted no new capital between June 17 and July 17, despite the meme coin gaining additional exposure through T. Rowe Price’s newly launched active crypto fund. The products also posted $871,000 in net outflows during July.

The weak ETF…

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