Elon Musk confesses his weakness for Dogecoin: “I like dogs and memes”

Elon Musk is reviving interest in Dogecoin, hinting at the relaunch of the DOGE-1 lunar mission, funded entirely in cryptocurrencies.

Dogecoin is once again at the center of the crypto conversation following comments from Elon Musk. The entrepreneur, who confessed in 2024 that he “People like dogs and memes”, posted the message on X 'It's Time', in response to a Dogecoin slogan. 

The phrase revived interest in the DOGE-1 missionA project announced in 2021 by Geometric Energy Corporation and funded entirely in Dogecoin, the goal, as previously reported, is to launch a CubeSat nanosatellite aboard a SpaceX Falcon 9 rocket to orbit the moon and capture images and scientific data.

Elon Musk and his influence on Dogecoin

Elon Musk's brief but powerful comments about Dogecoin have once again put the spotlight on this cryptocurrency, which, more than just a digital currency, has managed to establish itself as a cultural phenomenon within the crypto universe. 

Musk, known for not limiting himself to words, has shaped Dogecoin's history in recent years not only with praise but also with highly visible symbolic gestures. In 2023, for example, temporarily replaced its X platform logo with the popular DOGE memea move that signaled strong support for the cryptocurrency. Musk also called Dogecoin "the people's currency" And, beyond forging an emotional connection, he has made it clear that he maintains his investments in DOGE, as well as in other cryptocurrencies like BTC, intact, sending a message of confidence that resonates with thousands of enthusiasts and traders. 

In this way, Dogecoin's presence transcends its market value and positions itself as a symbol within the digital community, thanks to Musk's influence.

On the other hand, the support the tycoon has expressed for the queen memecoin has also had an effect on other associated meme coins, such as FLOCIA, the name of his dog, which has gained relevance thanks to its aesthetics and the indirect connection it has with Musk. 

DOGE-1: The lunar mission funded by cryptocurrencies

The DOGE-1 mission, which had suffered delays since it was first announced, was confirmed for the end of November this year, according to the official statement from Geometric Energy Corporation. 

In addition to its technical objectives, DOGE-1 includes the sending a physical Dogecoin token to the lunar surfaceThis act reinforces the symbolic component of the project. So far, Musk's post has garnered thousands of likes and caused a 5% increase in the price of Dogecoin, which is trading at around $0,17, according to market data. 

Beyond the media spectacle, the DOGE-1 mission represents a convergence between aerospace technology and digital assets. The use of Dogecoin as a means of payment for a space operation introduces an alternative narrative about the usefulness of cryptocurrenciesespecially those that originated as parodies. In this context, Musk's endorsement not only amplifies the project's visibility but also legitimizes its structural scope.

Finally, the phrase "I like dogs and memes" may seem trivial, but coming from Elon Musk it becomes a strategic signal. 

Dogecoin, with its playful aesthetic and improbable history, is once again making headlines in the global conversation. And as the DOGE-1 nanosatellite prepares for launch, the crypto ecosystem watches as humor, technology, and storytelling intertwine in an increasingly complex orbit.