Dogecoin Slips to $0.10 as Meme Majors Lose Their Bid

The blue-chip meme is bleeding out slowly

Solana's small caps get the attention, but the state of the meme complex is easiest to read on its oldest ticker. crypto.news put $DOGE near $0.100, down from a monthly high of $0.1176 and about 67% off its 2025 peak, with the year-to-date low at $0.0790 now in play.

The derivatives picture is the real story. Futures open interest has drained from $5.20 billion in September to $1.16 billion, and the funding rate flipped negative to its lowest reading since Feb. 10. Price sits below every moving average the analysis tracks, and the $0.1295 support from April 7 has already gone.

$0.100

DOGE price

$1.16B

futures open interest, from $5.20B

$8.69M

net inflows across three spot DOGE ETFs

Even the institutional wrapper has stopped helping: per the same report, spot DOGE ETF inflows have stalled since Feb. 3, with three products showing $8.69 million in net inflows and $6.67 million cumulative — rounding errors next to the leverage that left.

What it means for degens

Open interest that falls by 78% is not a dip-buying signal, it is an exodus of leverage. That cuts both ways: fewer forced sellers left to flush, but also nobody left to squeeze. Negative funding means shorts are paying to stay short — historically a crowded seat, and a crowded seat is where violent bounces start.

• 💀Funding negative at its lowest since Feb. 10
• 💀Price below every tracked moving average
• 💀ETF bid flat since Feb. 3
• 💀Next reference level is the YTD low at $0.0790

The wider tape is less grim. crypto.news also flagged a confirmed bullish divergence on bitcoin's daily chart as liquidations spiked, with $71,000 as the resistance to beat. Meme majors usually need BTC to stop falling before they can do anything at all. None of this is advice.