SpaceX’s Dogecoin‑Funded 2027 Mission Sparks Talk of a DOGE Price Rally

Jakarta, Pintu News – The price of Dogecoin (DOGE) recently experienced a 3.16% drop to $0.102, after recording a weekly loss of 17.8%. The decline comes amid a shift in crypto market sentiment towards “risk-off”, following SpaceX’s announcement of a Dogecoin-funded space mission launch in 2027. Dogecoin’s price movement remains in a descending channel, with a pattern of peaks that have continued to weaken since the end of 2025.

The Dogecoin price is currently testing the support level at $0.10 after previously dropping below $0.11, briefly touching support at $0.108, but holding. The total value of the crypto market as a whole also fell by 3.89%, while the price of Bitcoin (BTC) approached the $70,000 mark, reinforcing the general downward trend.

SpaceX Revives Dogecoin Moon Mission for 2027

Elon Musk has revived the possibility of sending Dogecoin to the moon through a mission planned by SpaceX for 2027. This ambitious project, named DOGE-1, was originally announced for 2021, but suffered a number of delays that pushed the schedule back to mid-2026.

Read also: Dogecoin Price Drops to $0.10 Today: DOGE Options Market Shows Mixed Signals

In a recent comment on the social media platform X, Musk casually answered a question from one of his fans regarding the mission, saying that it will take place next year. This statement is speculative and still leaves uncertainty regarding the continuation of the mission.

Although the project is back in the news, Dogecoin’s market value has not increased and continues to decline.

As the head of SpaceX, Tesla, and platform X, Elon Musk also revealed some of his company’s future plans, including plans for an IPO (initial public offering) this year. He also confirmed that his AI company, xAI, has been officially acquired by SpaceX.

The DOGE-1 mission could be a huge leap forward for Dogecoin, as it demonstrates the cryptocurrency’s potential use beyond Earth’s orbit. The focus of the mission is to get the meme cryptocurrency into space, with the ultimate goal: the moon.

Dogecoin Price Prediction: Will DOGE Reverse Direction or Continue to Fall?

Dogecoin’s latest price plummeted to $0.10379 on February 4, 2026, recording a 0.36% drop in 24 hours. Currently, the main support area is around $0.10. If the DOGE price remains below this level, it is likely to test the next support at $0.09.

Read also: Shiba Inu Price Approaches Historic Support, Rebound Signals Begin to Emerge

On the other hand, major resistance is recorded at $0.12, which has been a strong barrier to the meme coin’s upward movement. If Dogecoin manages to break this level in the long run, it could signal the beginning of a bullish trend reversal.

Technically, however, the MACD indicator is currently showing negative momentum, where the MACD line is below the signal line – indicating a bearish trend in the short term. Meanwhile, the RSI (Relative Strength Index) indicator is at 40.08, slightly above the oversold area, meaning that selling pressure still dominates but is starting to approach saturation point.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Dogecoin Price Prediction After SpaceX Dogecoin-Funded Mission Launch in 2027. Accessed on February 5, 2026