Samuel Reid, the CEO of Geometric Energy Corporation (GEC), announced on the X platform that the company has made history by paying SpaceX with Dogecoin (DOGE) to secure the re-booking of the DOGE-1 Mission to the Moon.
This unique lunar mission, known as DOGE-1, is a CubeSat mission that will be fully funded using the DOGE coin. Reid shared this exciting information with the community on X.
GEC @GeometricEnergy paid @SpaceX in DOGE for re-booking the DOGE-1 Mission to the Moon to a mission after IM-1, which could be a @Int_Machines mission such as IM-2 or another mission depending upon when the DOGE-1 satellite ships to @maverick_space in the U.S. from @ExoboticsUK pic.twitter.com/5MKzDMIxtP
— SΔMUΞL RΞIÐ (e/acc) (@SamuelReidGEC) February 5, 2024
The DOGE-1 mission was originally planned to launch with the Falcon 9 rocket in 2022. However, the mission faced a delay due to the satellite not being ready on time, so the mission was postponed in the future.
Also Read: Dogecoin (DOGE) Price Prediction
The DOGE-1 mission was announced by Elon Musk’s SpaceX in 2021 and he said that it would be the first cryptocurrency in space and also the first meme to make its way beyond Earth’s atmosphere.
Can Dogecoin (DOGE) Soar to New Heights After its Launch?
The Dogecoin (DOGE) prices have frequently shown a correlation with the activity of Elon Musk. Elon Musk is one of the most popular supporters of Dogecoin, and his many companies accept the DOGE Coin as a form of payment.
Additionally, cryptocurrency enthusiasts can use the DOGE Coin to purchase Tesla merchandise.
The GEC team and the SpaceX team have not yet disclosed the launch date for the DOGE-1 mission. However, once the event is decided, it is expected to trigger a bullish rally in the value of the DOGE Coin. This lunar mission will mark a significant milestone for both the DOGE team and the wider DOGE community, creating excitement and anticipation.
Also Read: Chainlink (LINK) Hits 2-Year High, The LINK Coin Market Cap Skyrockets
How high can DOGE go in 2024?
The Dogecoin (DOGE) Coin faced a lot of challenges in 2023. Currently, the DOGE Coin is down by 3.20% in the weekly charts, and 1.90% over the past 30 days.
Furthermore, The Doge Coin prices have dropped by 15.2% since the beginning of January 2023. These statistics indicate the current struggles and downward trend of DOGE in the market.
According to our expert’s technical analysis, the Dogecoin (DOGE) Coin is expected to show some bullish trend this month. The experts also predict that the DOGE Coin will not see significant gains in 2024.
On the other hand, the FinanceShots platform shows a more optimistic outlook for the Doge Coin in 2024. As we found on the platform, Dogecoin will reach a maximum price level of $0.223 by the end of 2024. However, it also suggested that the minimum price value of the DOGE Coin could fall as low as $0.189.
Also Read: Promising Future: Expect Bitcoin ETFs to Bounce Back from Underperformance
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
