Bringing in the goods for dogcoin again! Musk Announces SpaceX Accepting Dogcoin Payments, Launching Dog One Satellite to the Moon Next Year

Musk directly “collapsed” a third of the market value of dogcoin

SpaceX will launch the DOGE-1 mission to the moon in the first quarter of 2022 and will accept the cryptocurrency dogcoin as the exclusive payment method for the launch of the lunar satellite.

DOGE-1 is a CubeSat that will be launched on a Falcon 9 launch vehicle. Geometric said DOGE-1 will use its on-board cameras and sensors to capture “lunar space intelligence. However, the exact value of the mission has not been disclosed.

“The announcement of the DOGE-1 mission to the moon came on the day SpaceX set a new record for Falcon 9 rocket reusability. SpaceX successfully recovered the Falcon 9 rocket booster for the 10th time after placing the 27th batch of Starlink satellites into orbit.

For his part, SpaceX Vice President of Commercial Sales Ochinero said

We are excited to launch DOGE-1 to the moon! The mission will demonstrate the application of cryptocurrency beyond Earth orbit and lay the groundwork for interplanetary commerce.
In April this year, SpaceX CEO Musk tweeted about launching a dogcoin to the moon.

Musk, the self-proclaimed “father of dogcoin,” is the most well-known supporter of dogcoin, and in one fell swoop turned the social media joke, which originated in 2013, from an obscure digital currency into a speculator’s dream that has risen more than 13,000% just so far this year.

As previously mentioned by Wall Street News, Musk himself admitted that dogcoin was a “scam” on the Saturday Night Live show he hosted on May 8 EST.

Shortly after the show went on air, Dogcoin plunged nearly 34% to $0.49 at one point. This was in stark contrast to Musk’s reaction when he announced his appearance on the show, where Dogcoin soared to $0.72, and Musk directly “crashed” a third of Dogcoin’s market value.

As a result, Musk made a “remedial” statement on Sunday, saying Space X would launch a dogcoin-funded satellite.

Musk himself, the “god of stocks”, tweeted, ending with the favorite phrase of American retail investors: “To the mooooonnn!!!”

Bringing in the goods for dogcoin again! Musk Announces SpaceX Accepting Dogcoin Payments, Launching Dog One Satellite to the Moon Next Year

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