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The Doge-1 mission is set to launch next year.
• 4 min read
What to know about Dogecoin craze
The cryptocurrency that started out as a joke is now skyrocketing in value.Joe Skipper/Reuters, File
SpaceX CEO Elon Musk announced his private space company was launching a lunar satellite mission dubbed Doge-1 early next year that will be paid for entirely with the cryptocurrency dogecoin.
The price of dogecoin, a digital currency which originally started as a joke, reacted tepidly on Monday to the Sunday evening announcement, rising by just a few percentage points.
The development is the latest twist in the saga over the digital token, which started as a joke in 2013 but is now a dominating internet meme and sitting on a 21,000 per cent rally in the past year. Mr Musk has been a key player in the drama, boosting the price with a succession of tweets in recent months.
The so-called DOGE-1 Mission to the Moon is the first commercial lunar payload in history paid for entirely with Dogecoin, according to a statement from Geometric.
The 40 kilogram cubesat will launch aboard a SpaceX Falcon 9 rocket. The company did not specify the amount of Dogecoin involved in the transaction with SpaceX. There was no immediate response to questions emailed after hours.
Elon Musk described Dogecoin as a hustle when he was on Saturday Night Live
The meme-inspired cryptocurrency launched in 2013 as a fun payment system
Musk owned SpaceX has accepted DOGE as payment for a moon satellite
Canadian firm Canada s Geometric Energy Corporation paid for the satellite
It will launch in the first quarter of 2022 on top of a SpaceX Falcon 9 rocket
Dogecoin Google Search Interest Surpasses That of Bitcoin
May 10 2021 · 15:31 UTC by Bhushan Akolkar · 3 min read
Photo: Depositphotos
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Dogecoin’s magnanimous price surge this year has helped it become the world’s fourth-largest cryptocurrency with a massive surge in its popularity. Besides, support from billionaires like Elon Musk has helped the crypto a lot.
Meme-cryptocurrency Dogecoin (DOGE) has created a major frenzy with its massive bull run this year. Registering a new record, the public interest for Dogecoin (DOGE) has overcome that of Bitcoin (BTC), the latest data comes through the Google Search statistics for the last week.
SpaceX announces the launch of a Dogecoin moon mission orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.