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Dogecoin Price Forecast: DOGE extends losses despite steady institutional support
Dogecoin (DOGE) is facing intense selling pressure, dragging toward its $0.1000 psychological support on Tuesday. DOGE leads the underperforming meme coin sector despite growing institutional inflows over the last four weeks. Dogecoin should remain buoyant above $0.1000 to avoid deeper corrections. Growing ETF inflows capture the Dogecoin dip: Dogecoin is attracting institutional inflows, while Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) recorded roughly $1.26 billion and $216 million in outflows last week. Typically, an increase in institutional activity drives up investors' confidence and demand.
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