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Elon Musk has once again touched on Dogecoin in a tweet, replying "possibly next year" to a question about launching DOGE to the Moon via SpaceX. Interestingly, this tweet sparked a wave of speculation, but the coin itself hardly reacted — DOGE remains at around $0.09, down 41% over the year and still 88% below its 2021 peak.
Five years ago, such a tweet from Musk could have triggered a explosive rally, but it seems this story has already lost its magic. I remember in 2021, there was all that talk about the DOGE-1 mission — a satellite fully funded in Dogecoin and ready for launch on Falcon 9. The project indeed went through all regulatory procedures, but since then, no new updates have been announced.
Musk has repeatedly expressed support — Tesla and SpaceX accepted payments in DOGE for goods, but that all looks like a thing of the past. His tweet might attract attention for a day or two, but it seems the community is no longer so easily swayed by these hints. No specific details about what "next year" means or which "trick" on the Moon is being referred to have been provided. Maybe it's just another tweet to maintain interest, or maybe something is really in the works — but the market clearly isn't in a hurry to believe.