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Dogecoin and Bitcoin Head to The Moon in Today’s Rocket Launch

Simon Osuji by Simon Osuji
January 8, 2024
in Business
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Dogecoin and Bitcoin Head to The Moon in Today’s Rocket Launch
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The United Launch Alliance has launched its first Vulcan Centaur rocket earlier today. The rocket is carrying the Peregrine lunar lander, a part of NASA’s Commercial Lunar Payload Services plan. However, the lander is not the only cargo the Vulcan Centaur rocket carries. In its payload is a replica of a Dogecoin (DOGE) coin. The Dogecoin Foundation confirmed the development via a post on X.

Also Read: How Much Dogecoin is Needed to Be a Millionaire if it Hits $1?

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At the same time, popular crypto exchange BitMex, with founder Arthur Hayes, had also expressed interest in sending a Bitcoin (BTC) replica on the same journey. Hayes called the mission “Bitcoin to the moon.”

🚀🚀 A message from Arthur Hayes : Today’s the day we send Bitcoin  to the Moon with Astrobotic  👨‍🦳

It’ll be on-board ulalaunch’s Vulcan Rocket which is taking off today at 2:18am ET pic.twitter.com/NifkrIdRV2

— BINANCE SPOT AND FUTURES SIGNALS (@binancespotTeam) January 8, 2024

The lunar mission will be a historic milestone for the space and cryptocurrency industries. The rocket took off earlier today with no problems during lift-off. Those who are interested can watch a video of the launch on YouTube.

Will Dogecoin and Bitcoin prices go to the moon as well?

dogecoin to the moon doge
Source: Reddit

A physical Dogecoin (DOGE) going to the moon represents fans wanting a similar outcome for the asset’s price. However, the popular memecoin is struggling to gain momentum. DOGE is currently down by 3.2% in the daily charts, over 13% in the weekly charts, and over 25% over the previous month.

Also Read: Will Shiba Inu (SHIB) Overtake Dogecoin (DOGE) in 2024?

Moreover, since January 2023, Dogecoin’s (DOGE) price has rallied by a mere 8.2%. On the other hand, BTC has surged by over 150% since January 2023.

Source: CoinGecko

However, this is not the only Dogecoin (DOGE) “to the moon” mission. Elon Musk’s SpaceX is funding the DOGE-1 satellite, developed by space technology firm Geometric Energy Corporation. The satellite will hit the skies on the SpaceX Falcon 9 rocket. However, many anticipate Musk’s DOGE satellite to give a more significant push to the asset’s price, given that the billionaire is one of the biggest DOGE supporters globally.

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