Dogecoin Price Predictions: Where Will Crypto Astronauts Take DOGE Ahead of SpaceX Launch? Dogecoin price predictions hold out hope for the altcoin ahead of SpaceX s DOGE-1 space mission By Brenden Rearick, InvestorPlace Assistant News Writer May 10, 2021, 12:43 pm EDT May 10, 2021
Dogecoin (CCC:
that much of a hustle. The billionaire has been waffling on the altcoin over the weekend. But, a piece of news from his
SpaceX shows that Musk sees Dogecoin as a legitimate enough currency to fund a rocket launch. Read on to see how SpaceX’s new payment method is effecting Dogecoin price predictions.
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Geometric Energy. The DOGE-1 satellite will launch aboard SpaceX’s Falcon 9 rocket at some point during the first quarter of 2022. Geometric is footing the bill for this satellite launch, and has done so entirely in DOGE.
SpaceX to launch a DOGE-funded satellite
May 10, 2021 by archyde
The manufacturing and logistics company
Geometric Energy Corporation, based in Canada, will launch a Dogecoin-funded satellite on one of SpaceX’s first rockets to the Moon.
In a Sunday announcement from Geometric Energy Corporation, the company dijor that its commercial satellite could travel to the Moon as early as the first quarter of 2022 aboard SpaceX’s Falcon 9 launch vehicle. Weighing 40 kilograms, or about 88 pounds, the team is designed to “obtain lunar spatial intelligence with onboard sensors and cameras with integrated communications and computer systems.”
“Having officially negotiated with DOGE for an agreement of this magnitude, Geometric Energy Corporation and SpaceX solidified DOGE as a unit of account for the lunar business in the space sector,” He said
By
May 09, 2021 09:50 PM EDT
In a recently published article in The Economic Times, Elon Musk announced through his social media account that its SpaceX would be funded by the cryptocurrency Dogecoin. It will be the first commercial lunar payload in history.
According to a published article in PRNewswire, in the first quarter of 2022, the 40-kilogram cubesat will be deployed as rideshare on a Falcon 9 lunar payload flight.
SpaceX Vice President of Commercial Sales, Tom Ochinero, said, This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We re excited to launch DOGE-1 to the Moon, as reported by MarketWatch.
Saturday night brought something really rather extraordinary as the worlds of finance and entertainment came together at least for a while. Here is The Hill on Saturday Night Live which was on NBC in the US.
Musk appeared on the show’s “Weekend Update” segment as fictitious financial expert Lloyd Ostertag. When asked about Dogecoin by co-host Colin Jost, Musk explained it is “the future of currency.”
“It’s an unstoppable financial vehicle that’s going to take over the world,” he said.
“I get that, but what is it, man?” co-host Michael Che asked.
“It’s a cryptocurrency you can trade for conventional money,” Musk responded.
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Elon Musk just can’t seem to get away from being the “Dogefather,” SpaceX has now reached a deal with Canadian engineering firm Geometric Energy Corporation to launch its DOGE-1 cubesat to the Moon. Set to take place during the first quarter of 2022, the Moon satellite launched aboard Falcon 9 rocket will be funded entirely by Dogecoin.
Once in space, the 88-pound cubesat will be collecting “lunar-spatial intelligence” with a combination of cameras and sensors. Geometric Energy notes DOGE-1 will become the first commercial lunar payload paid for with a cryptocurrency. Tom Ochinero, Vice President of Commercial Sales at SpaceX, also notes that the Dogecoin-funded mission could prove the viability of cryptocurrency as the “foundation for interplanetary commerce.”