Elon Musk Mentions Dogecoin Moon Plan Again - Why DOGE Jumped Instantly

Dogecoin is back in the spotlight after Elon Musk once again sparked "to the moon" speculation. This time, the reaction was immediate and measurable.

On February 3, Dogecoin (DOGE) jumped as much as 10% after Musk hinted that SpaceX could finally send a physical Dogecoin token to the Moon as soon as next year. For a market starved of optimism, a single sentence was enough to reignite interest.

Here's what happened, what it means for DOGE's price outlook, and how we're thinking about diversification as volatility continues.

Elon Musk's "Maybe Next Year" Comment Ignites DOGE Rally

Responding to a post referencing his 2021 promise to send Dogecoin to the Moon, Musk wrote (https://x.com/elonmusk/status/2018584584603029628?s=20): "Maybe next year."

The market took that as a renewed signal that the long-delayed DOGE-1 mission could finally happen as soon as next year. DOGE was down about 2% earlier in the day. Within hours, buying pressure flipped the trend, pushing the price up roughly 8%. The reaction confirmed one thing clearly: Musk still moves Dogecoin.

DOGE Price Action: Bounce, Not a Breakout

While the rally grabbed headlines, the bigger picture remains challenging.

- DOGE is down over 13% in the past week
- Down nearly 30% on the monthly chart
- And more than 58% lower than February 2025 levels

At the time of writing, Dogecoin is near $0.10-$0.11, stabilizing after a sharp correction. On-chain data suggests DOGE may be below its fair value, with Santiment's MVRV indicators sitting in negative territory, often a sign of short-term recovery potential.

That said, the broader trend is still bearish. Technical indicators like RSI and MACD suggest any upside could be a relief bounce, not the start of a new long-term uptrend.

Dogecoin Price Outlook: What to Watch Next

Looking ahead, Dogecoin's path remains tied to sentiment more than fundamentals. In a scenario where crypto markets stabilize and retail interest returns, DOGE could recover toward the $0.18-$0.30 range by late 2026, especially during hype-driven cycles.

A successful DOGE-1 moon mission would likely act as a psychological catalyst, even if it doesn't change the network itself. Still, risks remain:

- Ongoing supply inflation
- Limited utility growth
- Strong competition from newer meme tokens

DOGE remains speculative, volatile, and highly sensitive to market mood.

Diversification Angle: Why We're Also Watching MTAUR

While Dogecoin remains a sentiment-driven bet, we're also looking at early-stage diversification opportunities, and one project standing out is Minotaurus (MTAUR) (http://minotaurus.io/insight/7ef48ee6217a322bf964).

MTAUR is still priced at 0.00012655 USDT, but it has already surged more than 215% from earlier levels around 0.00004, without pullbacks. The project has attracted over 3 million in deposits, signaling strong early demand ahead of public listings.

What stands out to us:

- Starting market cap of just 5.6 million
- Audited presale wallet with zero outbound transactions over 549 days
- Positioned within a $100 billion market
- At today's price (http://minotaurus.io/insight/7ef48ee6217a322bf964), 100 USDT buys around 790,000 MTAUR

If MTAUR were to reach 0.012 USDT, that same holding would be worth close to 10,000 USDT. This is the kind of asymmetric upside early holders once saw with Bitcoin and Ethereum.

For us, MTAUR represents a way to balance high-volatility assets like DOGE with an early-stage project that's still flying under the radar.

Bottom Line

Elon Musk's latest Dogecoin comment proves his influence isn't gone. But as we look toward next year, we're staying realistic. DOGE may bounce, spike, and surprise, but diversification matters more than ever.

That's why, alongside Dogecoin, we're keeping a close eye on emerging plays like MTAUR, where early positioning could matter most. To join the MTAUR train before its public listing, we recommend visiting the official website (http://minotaurus.io/insight/7ef48ee6217a322bf964).

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Press contact: PR Department (pr@minotaurus.io)

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This release was published on openPR.