Elon Musk triggers 300% DOGE-1 rally after surprise endorsement

2025 年 11 月 5 日 general

The post Elon Musk triggers 300% DOGE-1 rally after surprise endorsement appeared on BitcoinEthereumNews.com. SpaceX CEO Elon Musk started a DOGE-1 market rally on Monday after posting on his social media platform X, “it’s time,” and traders immediately started taking up positions in the memecoin. DOGE-1 Satellite had been moving in tandem with the rest of the crypto market, which has been trading in the red since the start of this business week. The token slipped with the broader market to an all-time low of $0.000282, but Elon Musk’s X update flipped the coin to an upward momentum that took it over 300% above the November 3 lows. Elon Musk(@elonmusk) once again said “It’s time” to send Dogecoin to the moon. The memecoin DOGE-1 has since surged ~300%. Smart trader “god.sol aka Mitch”, who previously profited $2.8M trading memecoins, just spent 100 $SOL($14.8K) to buy 16.27M DOGE-1.… pic.twitter.com/tIGDuVCT6K — Lookonchain (@lookonchain) November 5, 2025 The brief message was a direct reply to Dogecoin community member DogeDesigner, who had quoted Musk’s old 2021 declaration that SpaceX would “put a literal Dogecoin on the literal moon,” with a post of his own saying: “No Highs, No Lows, Only DOGE.” DOGE-1’s all-time low slump period halted by Musk rally Before the SpaceX head gave the market a reason to add coins, DOGE-1 had been languishing near an all-time low, before climbing past $0.0011 after an unforeseen price correction. The upward momentum defied the negative trend in the broader crypto market, and its market cap ticked upwards by 367.34% to reach $9.174 million within 24 hours of Musk’s post. The token’s valuation has since retraced slightly to around $7.2 million, but it is still 266% above its initial value at the start of Monday’s market turmoil. DOGE-1 Satellite (DOGE-1) is a Solana-based meme token for the upcoming SpaceX DOGE-1 lunar satellite mission. The mission, announced in 2021, will…

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