Elon Musk plans to send physical Dogecoin to the Moon via a SpaceX mission in 2027, which could significantly boost investor confidence in this "meme coin" and potentially trigger a surge. However, despite this unique promotional prospect, Dogecoin's price still faces challenges, having fallen 2% in the past 24 hours and down more than 87% from its all-time high of $0.7316. While this event could drive the price upward, considering broader market risks and Dogecoin's inherent volatility, it remains uncertain whether Dogecoin can reach the symbolic $1 milestone.