Dogecoin, Shiba Inu Crater 10% As Historic Eight-Figure Outflows Hit

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have crashed 11%, with Bitcoin’s (CRYPTO: BTC) collapse triggering panic selling across meme coins.

The Capital Flight From DOGE

Spot data shows a massive $29.67 million outflow from Dogecoin on Thursday—one of the largest single-day outflows in months. 

The netflow pattern shows predominantly red bars with persistent distribution, indicating sustained lack of buyer interest.

The $0.10 break is devastating. This psychological level had been defended multiple times, but the breakdown signals capitulation. 

DOGE now tests the lower boundary of …

Full story available on Benzinga.com