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 its descending channel around $0.09.

Moreover, all EMAs sit above price: 20 EMA at $0.11597, 50…

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