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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?

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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.

DOGE-0.19%
BTC0.19%
ETH4.18%
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SybilAttackVictimvip
· 12-01 01:52
Are we really reheating old rice again? Do you really think going to space can save DOGE?
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HypotheticalLiquidatorvip
· 11-30 22:55
What does a calm market reaction indicate? The liquidation price has been raised again, and the retail investors' risk control threshold has long been breached.
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consensus_failurevip
· 11-28 17:39
Here it comes again, every time they say it's going to the moon, is this for real this time... the market has figured it out.
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FlashLoanLordvip
· 11-28 02:50
Back to this trap again? Last time you were so aggressive, and what happened... --- Honestly, treating DOGE seriously is a joke, but the market isn't stupid. --- The moon mission sounds like a bull, but the coin price being stagnant says it all. --- Musk's moves belong to the old trick of "creating hype first and then playing people for suckers." --- It's not too late to get excited when the launch is actually successful. --- Finally, there's a practical application, but I don't know how many points it can pump. --- Investors are awake; having just concepts is useless.
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BearMarketBardvip
· 11-28 02:48
Here we go again, be played for suckers. Actual value? Hehe
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MissedAirdropBrovip
· 11-28 02:46
Here we go again with the empty promises, can we really go to the moon this time? Haha
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EternalMinervip
· 11-28 02:46
It's another one of Musk's pie-in-the-sky ideas, this time with a lunar twist? --- If we're really going to the moon and the market isn't rising, it shows everyone is aware of what's going on. --- Wait, is this for real? If DOGE can go to space, why is my altcoin still lying on the exchange? --- It's that time of year again with Musk, and this time DOGE is just a gimmick, right? --- To be honest, it's just marketing; those who can actually make money are always the ones quietly working away.
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ZKSherlockvip
· 11-28 02:46
actually... the market's silence here is kinda telling, ngl. like, we're supposed to believe putting doge on a rocket suddenly gives it cryptographic utility? that's not how trust assumptions work lmao
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BrokeBeansvip
· 11-28 02:45
Here we go again? Talking about launching and applications, the market has already seen through it. --- Alright, Ma, keep making stuff up; this time the market is sharp. --- The day doge went to the moon, I directly took a Short Position; don’t fool me a second time. --- Actual value? We all know this is just Musk's marketing gimmick. --- Internet memes coin is just internet memes coin, why forcefully attach it to a space project, it's ridiculous. --- The market's calm says it all; money has flowed to projects with real implementations.
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LayerZeroHerovip
· 11-28 02:36
It turns out that having a story is useless; what matters is what can be verified... The evidence for the Photon payment scenario seems insufficient. What are the details of the protocol for implementation?
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