- The DOGE-1 mission to the Moon was initially scheduled for Q1 2022. was scheduled to launch in
- Mission has no definite release date yet
- DOGE rose 2.95% to $0.06909 . was doing business on
The cosmic crypto chant “to the moon” is literally happening for the world’s first dog-themed meme coin, Dogecoin, as the SpaceX DOGE-1 Moon mission scheduled for 2022 is still a go.
SpaceX CEO Elon Musk announced last year that his spacecraft engineering company would unveil a Dogecoin-themed mission to the Moon in the first quarter of 2022. Together with decentralized finance incubator ZenX Labs, smart exchange ecosystem Unizen and Geometric Energy Corporation (GEC), the team has been tasked with designing and launching a 40-kg CubeSat whose mission, in addition to launching, will find a new use for the cryptocurrency industry. case is to be provided.
Upon launch, the CubeSat is ready to perform in lunar orbit to collect spatial intelligence using cameras and sensors and send it back to Earth for further analysis. Following crypto influencer Matt Wallace’s claim that the project is still taking place this year, CNBC’s Michael Sheetz confirmed last week via a Twitter thread that the DOGE-1 mission to the Moon is still on, but some Got late.
The sun sets as SpaceX prepares its super heavy-lift Starship SN8 rocket for a test launch this week at the company’s facilities in Boca Chica, Texas. Photo: Reuters/Jean Blevins
GEC CEO Sam Reed reportedly said that while DOGE-1 will rideshare with SpaceX’s Falcon 9, the timing of the launch depends on the intuitive machines behind the mission’s main payload, the IM-1 lunar lander. Reed also suggested that the DOGE-1 mission to the Moon is still in progress for this year, with the satellite already “beyond”. [the] design stage.”
According to Sheetz, Intuitive Machines noted that it plans to launch the IM-1 “by December to have a more specific release window of three months before launch.” Musk previously said that Dogecoin will be the first cryptocurrency and altcoin to be used in space, promising to literally put the world’s first dog-themed meme coin “on the moon.”
The CEO of SpaceX is a staunch supporter of DOGE and continues to show his support even during the crypto crash. Musk was also credited when the meme coin reached an all-time high of $0.7376 on May 8, 2021.
According to the latest data from CoinMarketCap, as of 10:52 am on Monday, DOGE was trading up 2.95% at $0.06909 with a 24-hour volume at $359,789,456.
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