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Dogecoin Price Prediction: Elon Musk Set to Launch DOGE to the Literal Moon – Could This Be the $1 Catalyst?

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Elon Musk is making good on a 2021 promise to ship DOGE to the “literal moon,” including contemporary social momentum to Dogecoin price predictions.

The key opinion chief has as soon as once more turned his consideration to the meme coin, and this time, “it’s time” for the anticipated SpaceX DOGE-1 lunar mission.

Musk’s replace confirms latest FCC filings for a late 2025 launch following a number of delays.

The mission will make historical past in some ways: as the first-ever house expedition totally financed by cryptocurrency, in addition to the first crypto and meme coin to reach space.

A publicity stunt of this magnitude could possibly be a significant social catalyst for Dogecoin. While the preliminary market response has been muted, mainstream publicity from the launch might entice a possible wave of contemporary retail capital.

Dogecoin Price Analysis: Could the $1 DOGE Push Start Before Year-End

Dogecoin might nonetheless be on the breakout path towards $1, with the DOGE-1 lunar mission including contemporary momentum to a year-long ascending channel setup.

Despite bearish market sentiment surrounding the U.S. macro narrative, the present retest of decrease help might act as a launchpad, significantly as promote strain exhibits its cracks.

DOGE / USD 1-day chart, ascending channel tests lower support. Source: TradingView.
DOGE / USD 1-day chart, ascending channel checks decrease help. Source: TradingView.

While the MACD histogram nonetheless sits beneath the sign line, it has began to flatten out, and the RSI’s rebound from the 30 oversold threshold hints at a neighborhood backside forming close to $0.15.

An advance to reclaim the $0.20 demand zone as psychological help might affirm a renewed breakout push, focusing on earlier highs at $0.50 for a 200% acquire.

However, falling beneath $0.15 might affirm a breakdown state of affairs, risking a possible 45% crash again to pre-bull run ranges at $0.09.

Further updates on the DOGE-1 mission might inject the social momentum wanted for sentiment to flip decidedly bullish. If hype unfolds consistent with previous Musk-driven surges, Dogecoin might credibly prolong 500% to $1.

Elon Musk fueled the first bull run in 2021. The Musk-led U.S. Department of Government Efficiency (D.O.G.E.) initiative revived curiosity in 2024. Now, DOGE-1 might mark the subsequent leg up.

Maxi Doge: A Different Angle to Capture Dogecoin Hype

Maxi Doge presale website.

If previous cycles show something, it’s that Doge-branded tokens carry the strongest social momentum.

Shiba Inu carried the torch from Dogecoin in 2021, then Floki, Bonk, Dogwifhat, Neiro, and most lately Dowge. Every bull run finally delivers its personal parabolic Doge-themed runner.

This time round, the DOGE-1 social catalyst creates the excellent setting for a brand new frontrunner, and speculators are eyeing Maxi Doge ($MAXI) as the subsequent moonshot.

The hype is already translating into numbers. The $MAXI presale has raised virtually $4 million, with early backers presently having fun with a high 78% APY on staking rewards.

For those that missed out on the Doge wave earlier than, MaxiDoge might signify the subsequent alternative to catch a meme coin breakout earlier than it runs.

Visit the Official Maxi Doge Website Here

The submit Dogecoin Price Prediction: Elon Musk Set to Launch DOGE to the Literal Moon – Could This Be the $1 Catalyst? appeared first on Cryptonews.

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