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Elon Musk Ignites Dogecoin Buzz as Trader Snaps Up Spin-Off Token

Vivek Sharma by Vivek Sharma
November 6, 2025
Reading Time: 3 mins read
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elon-musk-dogecoin

Table of Contents

Toggle
  • Musk’s “It’s time” post triggers crypto stir.
    • RELATED POSTS
    • How to Get Free Spins in Coin Master (2025 Updated Guide for USA Players)
    • On-chain data: Big fish moves into DOGE-1
    • Why is DOGE 1 getting attention over Dogecoin?
    • Market context: Why caution is high
    • What to monitor next
  • 🔮 Dogecoin Price Prediction 2025
    • Final thoughts
  • ❓ FAQs

Musk’s “It’s time” post triggers crypto stir.

Elon Musk posted a succinct message on X (formerly Twitter) — “It’s time” — in response to a community member referencing his past comments on Dogecoin. The brief post sent shockwaves through the meme coin market, reigniting interest in Dogecoin and related spin-off tokens.

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Meanwhile, while Dogecoin itself remained relatively flat and even dipped amid broader market pressure, a related project — the spin-off token DOGE‑1 — exploded in early session trading and then pulled back.

On-chain data: Big fish moves into DOGE-1

Tracking on-chain activity revealed a wallet known as “god.sol” (also referred to as “Mitch”) purchased approximately 16.27 million DOGE-1 tokens for about 100 SOL (roughly US$14,800) following Musk’s post. The wallet’s history includes prior profits estimated at US$2.8 million from other meme-token trades.

DOGE-1’s sharp rise — at one point up ~300% — and subsequent ~17% pull-back highlight both the upside and the rapid risk associated with such speculative trades.

elon-musk-dogecoin

Why is DOGE 1 getting attention over Dogecoin?

While Dogecoin continues to be driven by Musk’s comments, broader market headwinds (including weak liquidity and macro-risk) have limited its upside for now. Meanwhile, DOGE-1, with its smaller supply and speculative momentum, appears to have become the outlet for short-term “Musk-triggered” hype.

Additionally, DOGE-1 is tied to a real project: a CubeSat mission funded in Dogecoin by Geometric Energy Corporation, expected to launch via a SpaceX Falcon 9 in late 2025. That project connection gives some narrative credibility to the token’s theme.

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Market context: Why caution is high

The timing of this surge is essential. Crypto markets opened in November in a risk-off mood, with significant assets declining and meme coins losing favour in the face of macro uncertainty. Musk-driven catalysts still matter — but they are no longer guaranteed to produce sustained rallies in an environment of thin liquidity.

Traders now favour quick in-and-out moves rather than long holds on hype coins. On-chain watchers emphasise liquidity, wallet flows, and exit potential as much as entry points.

What to monitor next

  • Wallet movements: Keep an eye on “god.sol” and other large holders for accumulation or liquidation signals.
  • Liquidity and order-book depth of DOGE and DOGE-1 — shallow books can lead to fast exits.
  • Project updates: Any concrete milestone from the DOGE-1 CubeSat mission (such as launch scheduling, partnerships, or integrations) could drive renewed interest.
  • Macro backdrop: If risk appetite returns (e.g., due to favourable regulatory news or Bitcoin rally), meme tokens may regain strength. If not, they remain vulnerable to sharp reversals.

🔮 Dogecoin Price Prediction 2025

If DOGE breaks resistance at $0.18, analysts expect a potential rally toward $0.25–$0.30, especially if Musk continues to post about Dogecoin or its ecosystem.
However, failure to hold $0.15 could trigger a short-term correction.

Final thoughts

Elon Musk’s ability to influence crypto markets remains potent — but the nature of that influence is evolving. Instead of broad surges in large tokens like Dogecoin, we’re seeing more targeted plays where small or themed spin-off tokens absorb the brunt of momentum flows. For the average investor, that means a higher-risk, higher-speed environment: the reward can be large, but the margin for error is small.

If you’re watching this space, keep liquidity, wallet movement, and event timelines close. And as always: given the speculative nature of meme-coins, only invest what you can afford to lose.

❓ FAQs

Q1. What is DOGE-1?
DOGE-1 is a Dogecoin-themed spin-off coin inspired by SpaceX’s planned lunar satellite mission funded in Dogecoin.

Q2. Did Elon Musk launch DOGE-1?
No, Musk did not launch it himself, but his tweets indirectly boost its popularity.

Q3. Is DOGE-1 a good investment?
It’s a high-risk speculative token. Always DYOR (Do Your Own Research).

Q4. What’s Dogecoin’s current price?
As of writing, DOGE trades near $0.16, down 3.8% in the last 24 hours.

Tags: cryptoDOGE-1dogecoinelon musk
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Vivek Sharma

Vivek Sharma

Vivek Sharma is a government benefits researcher and digital PR expert who specializes in uncovering verified U.S. programs that help people access free or discounted services — from internet assistance to device distribution. With years of experience analyzing official government portals and nonprofit initiatives, Vivek simplifies complex policies into easy-to-follow guides that help everyday Americans claim the benefits they deserve.

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