Elon Musk says "The time has come," will Dogecoin's lunar mission showcase its true potential in December?

On November 4th, Elon Musk dropped another “bomb” — “The time has come.”

These four words, paired with his 2021 tweet that “SpaceX will send the real Dogecoin to the real Moon,” instantly caused a frenzy in the crypto community. However, this time the market didn’t go crazy like four years ago; DOGE only jumped from $0.172 to $0.178 before being pulled back by the broader market.

From Twitter Joke to Real Mission

Back in 2021, Musk casually tweeted, and DOGE surged 30% within minutes. Weeks later, he made it official — announcing that SpaceX would undertake the “DOGE-1 Moon Mission,” and they would accept Dogecoin as payment.

This project is managed by Canadian company Geometric Energy Corporation, essentially a CubeSat micro-satellite project, settled entirely in DOGE. The plan is to launch it aboard a Falcon 9 rocket, with a license from the U.S. Federal Communications Commission issued, valid until October 30, 2025.

If successful, this will be the first space mission entirely paid for with cryptocurrency in history.

Has the Market Cooled Down?

Compared to the frenzy of 2021 and the current calm, what does this indicate? Investors are no longer blindly following KOLs’ hype.

The entire crypto market is under pressure — Bitcoin has fallen below $106,000, and Ethereum can’t hold $3,600. People are starting to scrutinize whether projects have real value backing them, rather than just listening to stories.

“Practicalization” of Meme Coins

If DOGE-1 really launches, it’s more than just a gimmick. This satellite will perform Earth observation and IoT data transmission tasks, meaning Dogecoin might actually participate in a tangible business with a commercial closed loop.

SpaceX’s Vice President of Commercial Sales, Tom Ochinero, once said, “DOGE-1 will prove that cryptocurrencies can be used outside Earth’s orbit, laying the groundwork for interstellar trade.”

This is no longer just talk. The mission has passed technical review, with a complete process, and the launch window is set for December 2025. The “space hype” from four years ago is about to become reality.

The market is watching the December launch plan — this is not just a technical test but a crucial step for cryptocurrencies to find real-world applications. Whether Meme coins can cross into practical use depends on this wave.