SpaceX recently announced a new satellite launch for November 15, 2023. In a logic of innovation, Elon Musk, boss of the astronautics company, has obviously achieved a world first by financing his mission without resorting to dollars.
Doge-1: The Dogecoin literally "to the moon"
Despite the bearish climate in the cryptocurrency market, Elon Musk keeps his promise and visibly continues to support the Doge against all odds.
After changing the Twitter logo for the crypto logo, Elon Musk is taking it a step further by sending his favorite cryptocurrency into space.
It all starts with a simple reference frequently used in the crypto world: "To the moon" is an expression used by the community to express the hope of seeing the price of a cryptocurrency reaching new heights.
In 2021, Elon Musk presumably took the terms at face value , since on May 10, 2021, he announced the launch of DOGE-1 to the moon. Concretely, the boss of SpaceX has taken it into his head to send a satellite called Doge-1.
To carry out this project, the astronautics company even approached Geometric Energy Corporation with the aim of paying the expenses of the mission with dogecoins.
"By entering into a formal transaction with DOGE for a market of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as the unit of account for lunar space business," said Samuel Reid, CEO of Geometric Energy.
Initially scheduled for the year 2022, the Doge-1 mission has visibly fallen behind schedule . According to a recent SpaceX press release, Dogecoin's DOGE-1 Moon mission date is set for November 15th . The mission will be with the SpaceX Falcon 9 Block 5 rocket over a six-day firing window, depending on weather conditions.
The small DOGE-1 satellite, carpooling with Nova-C/IM-1, will aim to collect images and various data from the lunar surface using its onboard sensors and cameras. However, its primary purpose is to be able to broadcast advertisements and various visual content remotely on its screens in orbit around the Moon.
This mission with an astonishing name will certainly be a consecration for Dogecoin aficionados who have been chanting the war cry “to the moon” for years.
"DogeFather": The secret identity of Elon Musk
Since 2019, Elon Musk has continued to show his love for Dogecoin, a crypto-joke that has gone viral to the point of being ranked 8th in the ranking of cryptocurrencies in terms of capitalization.
Followed by nearly 153 million people on Twitter, the various interventions of the American billionaire on Twitter have obviously contributed significantly to the success of cryptocurrency in recent years.
The Doge promotion could have stopped at a few tweets, but Elon Musk went even further by integrating virtual currency as a means of payment in the SpaceX and Tesla online stores. His various initiatives and speeches have also earned him a complaint for market manipulation in 2022.