Dogecoin

DOGE-1

Elon Musk

<p>DOGE-1, a Solana-based meme token linked to SpaceX’s upcoming lunar mission, skyrocketed more than 300% after SpaceX CEO Elon Musk posted “It’s time” on X, prompting traders to jump into the token.</p>
<p>The conversation began on November 3 when user DogeDesigner referenced Musk’s 2021 promise that SpaceX would “put a literal Dogecoin on the literal moon,” posting: “No Highs, No Lows, Only DOGE.” Musk’s reply sparked immediate market attention and buying momentum for DOGE-1.</p>
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   <p>It’s time 😀</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1985373548840636724?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 3, 2025</a>
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<p>Earlier, on November 2, DogeDesigner had <a href="https://x.com/elonmusk/status/1985207645901570078" target="_blank" rel="noopener noreferrer nofollow">speculated</a> that people might one day book trips to the Moon or Mars with SpaceX, to which Musk responded that SpaceX would “lean in big on the Moon,” signaling continued focus on lunar exploration.</p>
<p>Before this interaction, DOGE-1 was trading around $0.000282, its all-time low. Following Musk’s comments, the price jumped past $0.0014, rising nearly 350%. Currently, according to <a href="https://coinmarketcap.com/currencies/doge-1-satellite/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>, DOGE-1 is currently priced at $0.0012, up 11.5% in the last 24 hours, with a 24-hour trading volume of $1 million, down 30% from the previous day.</p>
<h2 class="wp-block-heading" id="dogecoin-faces-selling-pressure">Dogecoin faces selling pressure</h2>
<p>While DOGE-1 surged, its predecessor Dogecoin continued to face heavy selling. Wallets holding between 10 million and 100 million DOGE offloaded nearly a billion coins over the past week.&nbsp;</p>
<p>Dogecoin’s market cap <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">dropped</a> from $55.7 billion at the end of October to around $24.4 billion in a week, losing roughly $30 billion. The price fell below $0.18, hitting a low of $0.1527, and is down slightly 1.45% in the last 24 hours. Over the past month, it’s down nearly 37%, suggesting the rebound may be temporary.</p>
<p>The broader crypto market fell, too. <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> was down 5.5% and <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">Solana</a> around 3%, while smaller memecoins like TRUMP fell slightly. Bitcoin’s dominance jumped to nearly 60% as investors consolidated into the largest cryptocurrency.</p>
<h2 class="wp-block-heading" id="traders-jump-on-doge-1-momentum">Traders jump on DOGE-1 momentum</h2>
<p>The DOGE-1 price surge drew the attention of prominent traders, including one known by the pseudonyms “god.sol” or “Mitch.” According to blockchain tracker Lookonchain, Mitch snapped up 16.27 million DOGE-1 tokens during the rally, betting on the token’s sudden momentum.</p>
<p>According to <a href="https://solscan.io/account/4Be9CvxqHW6BYiRAxW9Q3xu1ycTMWaL5z8NX4HR3ha7t#defiactivities" target="_blank" rel="noopener noreferrer nofollow">Solscan</a>, an on-chain data analytics tool for Solana, Mitch spent about 100 SOL, worth around $14,800 to secure his position. The investment has already appreciated, with his holdings now worth about $19,665.&nbsp;</p>
<p>Mitch previously made $2.8 million from short-term memecoin trades, showing how few traders could also affect such volatile crypto rallies.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/11/03/aster-price-jumps-30-as-cz-confirms-2m-personal-token-buy/" target="_blank" rel="noopener noreferrer nofollow">Aster Price Jumps 30% as CZ Confirms $2M Token Purchase</a></p>
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DOGE‑1 Surges 350% After Musk’s “It’s time” Post

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The Crypto Times

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