Elon Musk tweeted, "The time has come to truly send Dogecoin to the Moon."

Author: Martin

A recent post has reignited the cryptocurrency marketplace! Elon Musk lightly waves his “magic wand,” bringing DOGE’s moon dream closer to reality than ever before.

“Time has come,” Elon Musk wrote in a post on November 4, and he quoted his April 2021 statement that “SpaceX will send a real Dogecoin to the actual moon.” This brief message quickly sparked heated discussion within the cryptocurrency community.

The DOGE-1 lunar mission began with a post from Musk in 2021, which caused DOGE’s price to surge nearly 30% within minutes. Following widespread online discussion, the SpaceX founder officially confirmed weeks later that the company would launch the “DOGE-1 lunar mission” and accept DOGE as payment.

This mission, developed by Canadian company Geometric Energy Corporation (GEC), is a CubeSat micro-satellite project fully paid for with DOGE. According to plans, DOGE-1 will be launched aboard SpaceX’s Falcon 9 rocket.

If successful, this will be the first space mission fully paid for with cryptocurrency. The Federal Communications Commission has already granted approval for the mission, and according to the authorization, this license will expire either two years after the launch of DOGE-1 or on October 30, 2025.

Compared to the nearly 30% surge in DOGE’s price following the 2021 post, the current market response appears more measured. After the announcement, DOGE’s price only briefly rebounded from $0.172 to $0.178 before falling back due to overall market pressure.

This difference reflects the maturity of the cryptocurrency marketplace, where investors no longer blindly follow opinion leaders but instead focus more on project fundamentals and value support.

The overall cryptocurrency market is currently under pressure, with Bitcoin falling below $106,000, Ether dropping below $3,600. If the DOGE-1 mission succeeds, DOGE will move from a “MEME” to a real-world commercial application.

This CubeSat satellite will be used for Earth observation and internet of things data transmission, meaning DOGE could truly participate in a tangible value loop in the real world. SpaceX Vice President of Commercial Sales Tom Ochinero previously stated, “DOGE-1 will demonstrate the application of cryptocurrency beyond Earth’s orbit and lay the foundation for interstellar trade.”

Unlike the promises made in 2021, this mission has already passed technical review, with a complete mission plan. The launch window is set for December 2025, indicating that Musk is turning his four-year-old “space boast” into reality.

The market is closely watching the December launch plan. This mission is not only a technical test but also an important attempt to apply cryptocurrency in real-world scenarios.