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Is Musk painting another dream? This time he's really playing with landing on the moon.
Recently, he dug up an old tweet from 2021, saying he wanted to "send real Dogecoin to the real moon," and added, "It's time." He was referring to the DOGE-1 mission—a small satellite planned to be launched by the end of this year, which is said to be fully funded with Dogecoin.
Interestingly, the market's reaction.
In 2021, the same news came out, and Dogecoin surged 30% within minutes. What about this time? The price fluctuated from $0.172 to $0.178, and then it went on to do whatever it was going to do. Increase? It can basically be ignored.
What does this mean? The market is getting smarter.
Retail investors are no longer blindly following trends; they are starting to evaluate the projects themselves for substance. Elon Musk's words certainly carry weight, but they are not enough to make people rush in without thinking.
If DOGE-1 can successfully launch, it would indeed be a milestone for Dogecoin - transforming from a purely meme-based currency into a real payment tool, proving that it can also be used in high-cost scenarios. This narrative sounds beautiful.
But we need to be clear about one thing: Dogecoin is still being propped up by Musk. When he doesn't tweet, the hype goes down; when he speaks, the price moves. This level of dependency is too strong.
In the long run, relying solely on the story of "the heavens" is not enough. Dogecoin needs more practical application scenarios to be implemented, rather than waiting for the richest person to call the shots every time.
So my attitude is: it's fine to enjoy the excitement, but keep your wallet tight. If you really want to invest, you should wait for clearer signals to emerge. After all, the moon is far away, and the money in your pocket is more tangible.