Spacex launches Dogecoin paid DOGE-1 mission towards the moon.
The first private space agency owned by Elon Musk, announced that it will launch the DOGE-1 mission together with Geometric Energy Corporation (GEC).
The mission aims to deliver a payload to the moon. And it was paid in full with Dogecoin, the meme coin made popular by Elon Musk.
DOGE-1 to the Moon
Spacex announced a new mission named DOGE-1, together with Geometric Energy Corporation, a renewable energy-based firm.
A PR statement says that the first goal of the mission is to put a commercial payload on the moon. This mission was paid fully on Dogecoin, The meme coin popularized by the Spacex CEO, Elon Musk.
As the first mission paid with cryptocurrency, DOGE-1 sets a criteria for payments in this era. That is why Dogecoin is in a very special place amidst other cryptocurrencies.
“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!”
Tom Ochinero, Spacex Vice President of Commercial Sales
The payload of DOGE-1 includes a 40KG CubeSat that will give the lunar data with integrated sensors. Also, banking-based payment solutions won’t be a hassle to pay for the mission.
“Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and Spacex have solidified DOGE as a unit of account for lunar business in the space sector”
GEC’s CEO Samuel Reid
Elon can’t take Dogecoin to the moon
But because of what happened yesterday with Dogecoin’s price action, the news is heavily contrasting. Although many Dogecoin investors have been expecting price rises because of the long-anticipated guesting of Elon Musk on the latest episode of Saturday Night Live, another thing occurred.
Musk came in a news skit as a crypto expert who can’t explain Dogecoin, calling it a “hustle,” then saying that it will go to the moon. But it didn’t do any good for the prices. Instead, it went down from $0.65 to $0.43. This incident caused a ruckus in social media.
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