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Dogecoin price drops 3.17% amid stagnant ETF inflows and bearish technical signals

Market News
17 Jul 2026
Crypto news
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Bearish
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Dogecoin's price fell 3.17% to $0.071 as its exchange-traded funds (ETFs) saw no new capital inflows for a full month, despite T. Rowe Price's recent active crypto ETF including a 1.28% allocation to DOGE. The meme coin has lost about 54% since January and currently faces bearish technical patterns, with a key support level at $0.071. A break below this could lead to further declines toward $0.070 and $0.068. The lack of fresh ETF investment indicates weak demand from both retail and institutional investors, even as T. Rowe Price's entry brings some Wall Street recognition to Dogecoin. The token's price momentum remains negative, suggesting continued selling pressure in the near term.

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