[Although Dogecoin “went to the moon” via ULA rocket today, it still plummeted 2.5%]
In a notable development in the cryptocurrency world, Dogecoin (DOGE) has set off for the moon aboard United Launch Alliance’s (ULA) Vulcan Centaur rocket. The mission carries NASA’s Astrobotic Peregrine lunar lander, as well as a replica of Dogecoin, the news was confirmed by the Dogecoin Foundation on its official X.
In addition to Dogecoin, the Vulcan Centaur rocket will also carry a Bitcoin replica backed by the cryptocurrency exchange BitMEX and its founder Arthur Hayes to the moon. The founder of BitMEX calls this "Bitcoin to the Moon."
The launch, the first of the Vulcan Centaur rocket after five years of multiple delays, was successful earlier today and a video of it was released on YouTube.
While Bitcoin and Dogecoin going to the moon are big things that fans are looking forward to, Dogecoin’s price performance hasn’t been great lately, falling 13% in the past seven days. Dogecoin currently trades at $0.0787, down 2.5% in 24 hours and up just 9.7% over the past year. By comparison, Bitcoin is up 165% since January 2023, up 5.1% over the past week, and 1.4% on the daily chart.
Additionally, Dogecoin fans can look forward to another DOGE-1 satellite mission backed by the Dogecoin Foundation and Musk’s SpaceX, which will be launched via SpaceX’s Falcon 9 rocket. The project received approval from the National Telecommunications and Information Administration (NTIA) in November last year. Fans have speculated that the DOGE-1 mission could have a positive impact on the price of Dogecoin due to Musk's involvement.
