Dogecoin Plunges 16% in a Week: Death Cross Sparks Bearish Panic—Is the Meme Coin Miracle Over?

Dogecoin's brutal week just got a technical knockout. The so-called 'death cross'—a dreaded chart pattern where the 50-day moving average sinks below the 200-day—has traders bracing for more pain.

Memes won't save you now. With a 16% weekly nosedive, DOGE holders are discovering what happens when hype collides with cold, hard TA. Even Elon's tweets might need a booster rocket this time.

Here's the kicker: This isn't just a crypto winter story. It's a reality check for an asset that mooned on retail FOMO and influencer juice. When the charts start screaming 'sell,' even the most devoted Shiba Inu fans start sweating.

Wall Street's old guard must be loving this—nothing like a meme coin's technical breakdown to justify those 'I told you so' lattes. But in crypto, every crash is somebody's discount. The question is: Who's still buying the dip?