Dogecoin (DOGE) experienced a significant 23% decline over the past week, triggered by market fears following Trump's announcement of potential 100% tariffs on China. The cryptocurrency fell below $0.19, highlighting its vulnerability to macroeconomic pressures. This decline outpaced those of Bitcoin and Ethereum, which showed greater resilience due to institutional backing and clearer use cases. The market crash led to the liquidation of over 152,000 traders, resulting in losses exceeding $10 billion within 24 hours. Analysts point to Dogecoin's lack of intrinsic value and high leverage as factors contributing to its steep drop, underscoring the risks associated with meme coins during economic uncertainty.