Dogecoin experienced a sharp decline of nearly 9% after its support level at $0.1495 was breached, leading to a significant liquidation event. The memecoin's price fell to $0.1377 within 24 hours, accompanied by a surge in trading volume to 1.56 billion tokens, which is 6.5 times the daily average. Despite the launch of ETFs, inflows for Dogecoin were only $2.16 million in the first week, failing to meet expectations and attract institutional interest.