The price of Dogecoin (CRYPTO: DOGE) is slipping on Monday morning amid fresh selling pressure following the release of the US CPI data.

Dogecoin（Crypto：Doge）的价格在周一早上在美国CPI数据发布后新鲜销售压力下跌。

What Happened: The price of Dogecoin is down 7% over the last 24 hours and now trades at $0.188 at the time of writing. The world’s largest meme coin has come under strong selling pressure and slipped more than 7% and fell below the crucial support of $0.19.

发生了什么：在过去的24小时内，Dogecoin的价格下跌了7％，现在在撰写本文时以0.188美元的价格交易。世界上最大的模因硬币承受着强大的销售压力，跌幅超过7％，低于0.19美元的关键支持。

This fall comes amid the broader crypto market fall, amid fresh selling pressure following the release of the Consumer Price Index (CPI) data on Monday.

在周一发布消费者价格指数（CPI）数据之后，在更广泛的加密货币市场下降的情况下，今年秋天来了。

The daily trading volume for the largest meme coin fell by 16% to $1.36 billion. The total futures open interest for Dogecoin also dropped by 5.38% to $2.08 billion, which indicates bearish sentiment among traders.

最大模因硬币的每日交易量下降了16％，至13.6亿美元。 Dogecoin的总期货开放利息也下降了5.38％，至20.8亿美元，这表明交易者中看跌。

According to the technical chart formation, Dogecoin must reclaim the crucial support of $0.19. If the price fails to do so then it can trigger a further fall to $0.12.

根据技术图表的形式，Dogecoin必须收回0.19美元的关键支持。如果价格不这样做，那么它可能会触发到$ 0.12。

"Dogecoin is approaching a Support Trendline 🔥

“ Dogecoin正在接近支持趋势线🔥

Is it going to hold, or will the price drop further?

它将持有，还是价格进一步下跌？

We'll see!

我们会看看！

#Doge"

#doge”

— Trader Tardigrade (@TATrader_Alan) June 12, 2025

- Trader Tardigrade（@Tatrader_Alan）2025年6月12日

Dogecoin’s recent price action has also been fueled by speculation over a potential ETF. Data from Polymarket shows that the odds of the SEC approving a DEOG ETF by year-end are placed at 51%.

Dogecoin最近对潜在ETF的猜测也加剧了价格行动。来自Polymarket的数据表明，SEC批准按年底批准DEOG ETF的几率为51％。

This move could bring in institutional capital, which could impact the market significantly.

此举可能会带来机构资本，这可能会对市场产生重大影响。

The meme token’s integration with Coinbase’s (NASDAQ:COIN) Base network is also bringing wrapped DOGE to decentralized finance (DeFi) ecosystems on a large scale for the first time. This integration will enhance the token’s functional value and utility within DeFi platforms.

模因令牌与Coinbase（NASDAQ：COIN）基础网络的集成也将首次将包装的Doge带到了分散的财务（DEFI）生态系统中。这种集成将增强令牌平台内的功能价值和实用性。

Dogecoin has also attracted high-volume support at critical levels, which could signal that institutional investors are accumulating the token. However, retail traders remain cautious, which shows the divergence in market sentiment.

Dogecoin还在关键水平上吸引了大批支持，这可能表明机构投资者正在积累代币。但是，零售商人仍然谨慎，这表明市场情绪的差异。