Elon Musk revives old promise, says it's time for Dogecoin

Elon Musk has revived his interest in Dogecoin (DOGE), stating "it's time." The meme coin's price surged in 2021 after Musk tweeted that SpaceX would put a Dogecoin on the moon. The DOGE-1 mission, funded entirely in Dogecoin, is scheduled to launch in late 2025. Musk's fascination with Dogecoin has moved its market, with the coin reaching a market capitalization above $80 billion at its peak. Despite recent losses, DOGE remains up 13% year-to-date.