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DOGE-1 To The Moon: Will Dogecoin Moon Too?
“Possibly subsequent 12 months,” Musk replied when requested by Tesla Homeowners Silicon Valley, one of many largest and most influential Tesla homeowners’ golf equipment, about when SpaceX would lastly put “a literal Dogecoin on the literal moon.”
Dogecoin’s earlier try on the moon was a 2021 plan teased by Musk for a SpaceX mission financed completely with DOGE tokens. Canadian house know-how agency Geometric Vitality Corp., which commissioned the mission, described it because the first-ever industrial lunar payload, absolutely funded by the unique memecoin.
The DOGE-1 satellite tv for pc could be launched aboard a SpaceX Falcon 9 rocket. Nevertheless, the mission has been repeatedly postponed and by no means occurred. However that would change subsequent 12 months.
Musk merely replied with a convincing “Sure” in response to a submit on X declaring that Dogecoin reaching the moon is “inevitable.”
 
In the meantime, DOGE costs have gained a paltry 0.8% up to now 24 hours amid a broader downturn in crypto majors. Based on CoinGecko, it’s nonetheless effectively under its 2021 all-time excessive of $0.73 — a lot to the dismay of its diehard fanbase.
Whereas Musk has not formally confirmed an actual date for when his rocket firm SpaceX will put DOGE on the moon, his constructive response has triggered palpable pleasure among the many token’s followers.
Elon Musk And The Superstar Affect On Dogecoin
Dogecoin was created in 2013 as a joke by builders Billy Markus and Jackson Palmer to poke enjoyable at Bitcoin and the mushrooming altcoins.
DOGE has gained a giant following and surged to new file highs over time, largely due to Musk. The world’s richest man’s obsession with shitposting helped propel the coin to a high 10 cryptocurrency by market worth.
Musk continued to pump Dogecoin’s value right here and there along with his social media posts, with the eccentric billionaire asserting that merchandise for SpaceX would quickly have the ability to be bought with the doggy-themed crypto, simply as it may be for Tesla merch.
Final 12 months, Dogecoin’s namesake was shared with a extremely controversial U.S. authorities initiative co-led by Musk. The Division of Authorities Effectivity’s (D.O.G.E.) aim was to chop authorities spending as a lot as attainable. The Dogecoin emblem even briefly appeared on the Division of Authorities Effectivity web site, sparking hypothesis that the billionaire was planning on utilizing the OG meme coin not directly.
D.O.G.E. finally pale into obscurity, with Musk being pushed out of the U.S. authorities.
