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Elon Musk Revives Dogecoin Hype With Mysterious ‘It’s Time’ Tweet As DOGE-1 Moon Mission Nears 2025 Launch
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Elon Musk Reignites Dogecoin Hype With Cryptic “It’s Time” Post
Elon Musk has once again stirred the Dogecoin community with a cryptic post that has reignited memories of the meme coin’s wild glory days.
On 3 November, the SpaceX and Tesla chief wrote just two words on X (formerly Twitter):
“It’s time.”
The post immediately drew parallels to his 2021 declaration that “SpaceX is going to put a literal Dogecoin on the literal moon,” a statement that once sent the meme coin’s price soaring nearly 30% in minutes.
A Return To The Meme Coin That Made History
Back in 2021, Musk’s tweets turned Dogecoin from an internet joke into a global sensation.
What began as a parody cryptocurrency launched in 2013 evolved into one of the most recognisable names in crypto, thanks largely to Musk’s ongoing fascination with it.
He’s previously called Dogecoin “the people’s crypto” and even joked about it becoming the currency of Mars.
His posts have proven market-moving time and again — at its peak, Dogecoin surged over 13,000% year-to-date, briefly reaching a market value of more than $80 billion.
Musk’s playful endorsement made him the unofficial face of the meme coin, at one point even changing his X bio to “Former CEO of Dogecoin.”
DOGE-1 The Crypto-Funded Space Mission Still In Motion
The DOGE-1 project, first announced in 2021, aims to send a CubeSat developed by Canadian firm Geometric Energy Corporation (GEC) to the moon aboard a SpaceX Falcon 9 rocket.
What makes this mission unique is its funding — it is entirely paid for in Dogecoin, marking the world’s first space mission financed by a cryptocurrency.
While the launch has faced several delays since its original 2022 target, filings with the U.S. Federal Communications Commission indicate that the mission is now scheduled for late 2025.
However, the launch has not yet appeared in SpaceX’s official manifest, suggesting that final details are still being confirmed.
Musk’s Cryptic Message Sparks Speculation But No Price Rally
Despite the excitement surrounding Musk’s latest post, Dogecoin’s price has not mirrored the explosive reactions of previous years.
At the time of writing, DOGE trades at $0.1699, down 4.7% in the past 24 hours and 14.9% over the week, according to CoinGecko.
The meme coin remains the tenth-largest cryptocurrency by market capitalisation at near $25.7 billion — still up 15% year-to-date, supported by retail investors buying near the $0.17 level.
For some in the Dogecoin community, Musk’s “It’s time” post hints at renewed progress for DOGE-1 or a symbolic push to revive the coin’s cultural momentum.
For others, it’s a familiar reminder of Musk’s unpredictable influence — one tweet, and the entire market watches for clues.
Can Dogecoin Regain Its Meme Crown?
Coinlive believes Musk’s renewed attention could spark another round of enthusiasm, but whether Dogecoin can reclaim its 2021 glory remains uncertain.
The coin’s charm has always been its absurdity — a digital joke that somehow became real money.
Yet in a market now crowded with newer meme tokens and evolving narratives, Dogecoin’s survival depends less on hype and more on relevance.
Musk’s message may once again light the fuse — but whether it still burns bright is a question only the market can answer.
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