Despite Musk hinting at boosting the market, Dogecoin price still fell below $0.10 due to increased selling pressure.

According to CoinWorld, Dogecoin's price dropped nearly 7% intraday, briefly falling below the key support level of $0.10 and reaching around $0.098. Although Elon Musk recently hinted on social media that SpaceX may launch a Dogecoin-related moon mission "next year," the price reaction was short-lived, indicating that the impact of such news has diminished. Dogecoin ETF data shows unstable capital inflows, failing to provide sustained support, while technical analysis indicates that sellers are dominating the market, with immediate resistance around $0.105-$0.108.