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Is Musk going to deliver? The DOGE moon mission launches in December, why is the market not buying it this time?
Is that seemingly crazy promise from four years ago really about to be fulfilled now?
On November 4th, Musk suddenly threw out a phrase “The time has come,” and even specifically dug up that old tweet from 2021 saying “SpaceX will send the real Dogecoin to the real moon.” This move instantly ignited the entire crypto community — the DOGE-1 lunar project, which was once treated as a joke, is now serious.
From Jokes to Reality in Four Years
The story begins in 2021. In April of that year, Musk casually tweeted, and the price of DOGE soared nearly 30% instantly. A few weeks later, he got serious: SpaceX officially announced the launch of the “DOGE-1 lunar mission,” and they really accepted Dogecoin as payment.
This project is led by the Canadian Geometric Energy Corporation and is essentially a CubeSat micro-satellite mission—here's the highlight, settled entirely in Dogecoin. According to the plan, it will be launched on a Falcon 9 rocket, and if successful, this will be the first space project completely funded by cryptocurrency.
The Federal Communications Commission has issued a license, and the authorization document clearly states: valid until “two years after the mission launch or October 30, 2025.” In other words, there is not much time left for this project.
Why isn't the market buying this time?
Interestingly, after the news came out, the market reacted surprisingly calmly. The price of DOGE slightly rose from $0.172 to $0.178 before fizzling out, and was immediately pushed back down by overall selling pressure.
The difference is too obvious compared to the 30% surge in 2021.
What does this indicate? The market has matured. Today's investors no longer blindly follow the big players' calls, but pay more attention to whether the projects have actual value to support them. After all, the entire crypto market is under pressure right now, with BTC falling below $106,000 and ETH unable to hold $3,600; everyone has become smarter.
The Leap from Meme to Real Application
But if this task can really be implemented, the significance will be completely different.
The DOGE-1 satellite is not just a decoration — it is designed for Earth observation and IoT data transmission. This means that Dogecoin is finally evolving from a “meme coin” into a tool that participates in the real economy.
SpaceX's Vice President of Commercial Sales, Tom Ochinero, once stated: “DOGE-1 will prove the application potential of cryptocurrency beyond Earth's orbit, laying the groundwork for interstellar trade.” It sounds quite sci-fi, but technically it has been realized.
Unlike the empty talk in 2021, this time it is a serious project with a complete technical plan, passed reviews, and the launch window set for December 2025. Musk is genuinely planning to turn the “space talk” from four years ago into reality.
The Truth Revealed in December
Everyone is focusing on December this year.
This is not just a simple technical test—it relates to whether cryptocurrencies can find hardcore application scenarios in the real world. If DOGE-1 successfully goes to space and completes its mission, those who constantly say “cryptocurrency is useless” may have to re-evaluate this industry.
As for Dogecoin itself? Perhaps it can really take this opportunity to shake off the “Meme coin” label and prove that it is not just a tool for community jokes. After all, there is only one cryptocurrency in the world that can go to space and make things happen.