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Elon Musk Revives ‘Dogecoin To The Moon’ With Hint For 2027

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Elon Musk on Tuesday reignited a long-running narrative linking Dogecoin to house exploration, telling a fan on X (that SpaceX “perhaps subsequent 12 months” might ship Dogecoin to the Moon — a phrase interpreted by many within the crypto neighborhood as a timeline for fulfilling the long-teased DOGE-1 lunar mission. The transient trade with a supporter has lifted investor curiosity and triggered a modest worth response in DOGE.

Dogecoin To The Moon, Literally?

Musk’s newest remark got here in reply to a repost of his personal previous pledge that SpaceX would put a “literal Dogecoin on the literal Moon,” a promise relationship again to 2021 and tied to the DOGE-1 lunar venture. With “Maybe subsequent 12 months”, he signaled that the long-delayed mission would possibly materialize as quickly as 2027, reviving a story that has periodically surfaced over the previous few years.

The DOGE-1 mission is a business cubesat funded solely in Dogecoin, booked as a rideshare aboard a Falcon 9 rocket with the target of reaching lunar orbit and gathering fundamental imagery and knowledge, marking one of many first makes an attempt to make use of cryptocurrency because the fee medium for an area mission.

Originally introduced in 2021, the launch has been postponed a number of instances, and as of the newest filings and reporting, it stays on monitor for a launch window within the subsequent 12 months or so.

Market response to Musk’s retweet has been measurable however subdued in contrast with previous comment-driven pumps. Prices for DOGE rose roughly 4–5 p.c on the day of the comment, with the token reclaiming the $0.10 mark. The achieve barely outpaced broader crypto markets on the session, positioning DOGE among the many higher performing massive cap belongings within the quick time period after the put up.

Although Musk’s social affect on meme cash is nicely documented, the tone this time appeared extra cautious. DOGE stays greater than 77 p.c beneath the 2024 high and orders of magnitude beneath its 2021 peak. Previous Musk-linked tweets have traditionally triggered extra pronounced rallies, together with sharp single-day surges when he first reignited curiosity within the house mission idea.

Musk’s put up additionally landed in an unfriendly tape. Since October, the market’s temper has shifted sharply risk-off, with many specialists now treating the transfer as a bear-market regime moderately than a routine pullback. Bitcoin has slid roughly 20% over the previous two weeks alone, and DOGE has largely tracked the identical drawdown, a backdrop that helps clarify why the response to the tweet appeared extra like a quick headline bid than the sort of sustained momentum meme cash generally get in cleaner situations.

The broader standing of DOGE-1 stays that of a mission anticipated however not but executed. Geometric Energy Corporation, the entity behind the payload, has partnered with SpaceX to e-book the flight, and the satellite tv for pc is designed to show blockchain know-how past low Earth orbit. The precise timeline for launch remains to be evolving, and Musk’s immediate “perhaps subsequent 12 months” implicitly extends prior schedules into 2027.

At press time, DOGE traded at $0.10832.

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