Doge

Dogecoin to Moon in Q1 2022, as DOGE-1 Set for SpaceX Launch

Dogecoin has reached new heights but not in the manner one might expect. Unizen, a smart crypto exchange platform, has partnered Geometric Energy Consumption to fund a mission with Dogecoin. It may even be launched before any other similar mission. Dogecoin to The Moon, Literally The organizations are prepared to launch a 40kg Cubesat spacecraft…

Dogecoin to The Moon, Literally

The organizations are prepared to launch a 40kg Cubesat spacecraft into lunar orbit in Q1 of 2022.

A CubeSat miniature satellite is used for space research. It will collect lunar spatial data and relay that information back to GEC via its onboard communications module.

This launch agreement was funded with DOGE, the famous meme coin that Elon Musk, CEO of SpaceX, has popularized. “DOGE-1” was the appropriate name for the mission.

Tom Ochinero, SpaceX Vice President for Commercial Sales, called this an unprecedented achievement in outer-space economics.

” This mission will show the use of cryptocurrency beyond Earth orbit, and lay the foundation for interplanetary trade. We are excited to launch DOGE-1 on the Moon !”

This will not be an ordinary event. While over 1600 CubeSats have been launched thus far, they have reportedly only reached “Low Earth Orbit” (LEO). LEO is up to 1200 miles above Earth’s surface. However, DOGE-1 will literally be aiming for the moon, a mission of 250 000 miles. This far has never been seen a CubeSat.

Although NASA’s CAPSTONE was originally supposed to be the first CubeSat that would make the journey, it was repeatedly delayed. It is now set to launch in March 2022. DOGE-1 is still possible to launch it in March 2022. This means that DOGE-1 may be able to fund the first CubeSat to reach orbit.

What Is Becoming of Doge?

While “Dogecoin on the moon” was initially a joke meme on social media but the words are now being used in real life. It helps that SpaceX CEO Elon Musk happens to be a major Doge supporter and had planned this mission for months.

Dogecoin seems to be doing well in the traditional meaning of the phrase. It held its spot as a top ten cryptocurrency after re-flipping Shiba-Inu, its dog-based competitor, last month.

The cryptocurrency is being used in a variety of promotional events. AMC theatres now accept both Dogecoin and Shiba-Inu, and Burger King is rewarding customers with it.

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Doge

DOGE Soars 6 Percent, BTC Stuck At $17K Despite Low Trading Volumes (WeekendWatch)

Because it happens on weekends, trading volumes have dropped, which means that there are very few price movements for BTC. Most altcoins have a similar situation, with some exceptions. Dogecoin is one of them after a 6% daily rise. Bitcoin Boring at $17K Last weekend was quite dull in terms of price actions, and BTC…

Because it happens on weekends, trading volumes have dropped, which means that there are very few price movements for BTC.

Most altcoins have a similar situation, with some exceptions. Dogecoin is one of them after a 6% daily rise.

Bitcoin Boring at $17K

Last weekend was quite dull in terms of price actions, and BTC spent most of it around $16,500. Monday started with a price drop towards $16,000, but the bulls intercepted the move and didn’t allow any further declines.

More volatility was to be expected mid-week, when Jerome Powell, the US Fed Chair, announced the latest interest rates hike and the country’s employment report on Friday.

However, both events didn’t offer much price action , like previous occasions. Bitcoin remained relatively calm at around $17,000, except for a price pump above that level to chart a two-week high.

As the current weekend approached and arrived, BTC stood at $17,000 and has remained there. The trading volumes are down once more. Bitcoin’s market cap is still under $330 billion, while its dominance over the alts is at 38.3%.

DOGE Jumps 6 %

Most altcoins are following BTC’s weekend performance, but with very few substantial movements.

Ethereum has lost around 1% of value in the past 24 hours and has dumped towards $1,250. Binance Coin and Ripple, Cardano. Polygon. Polkadot. Shiba Inu. Litecoin are all at the same level as yesterday.

Dogecoin, the only exception to the larger-cap alts, is up by 6%. The OG memecoin trades at $0.1 and is up by 6% per day.

CELO and NEXO have also gained impressive percentages daily, up by 16% and 10%, respectively.

Overall, though, the crypto market cap has remained at the same place at $855 billion on CoinMarketCap.

Cryptocurrency Market Overview. Source: Quantify Crypto

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Doge

Dogecoin jumps 9%, Fantom explodes 15% (MarketWatch)

Bitcoin dipped to $16,000 yesterday for the first time in about a week but bounced off and recovered a few hundred dollars. Some altcoins outperformed BTC though, such as Dogecoin and Litecoin. Bitcoin Touched $16K Last week saw a violent price drop from bitcoin that drove it from $16,500 to a two-year low of $15,500…

Bitcoin dipped to $16,000 yesterday for the first time in about a week but bounced off and recovered a few hundred dollars.

Some altcoins outperformed BTC though, such as Dogecoin and Litecoin.

Bitcoin Touched $16K

Last week saw a violent price drop from bitcoin that drove it from $16,500 to a two-year low of $15,500 in a few days. BTC was pushed north by the bulls who reacted to this fall. The asset jumped above $16,000, and even tried to challenge $17,000 by the end of the working week but to no avail.

The weekend was marked by a lack of volatility. Similar to the previous one, bitcoin calmed and stood around $16,500 for almost all of it.

The situation changed on Monday when the cryptocurrency dipped toward $16,000 and eventually touched that round-numbered line as reports claimed that minors are close to capitulating.

BTC reacted well at this point, though, and bounced off to its current level of approximately $16,500. This came amid on-chain analysis suggesting that smaller bitcoin investors had accumulated massive portions following the FTX saga.

FTM and DOGE, LTC Stand out

The alternative coins went through some notable price drops yesterday, especially Solana, Binance Coin, and Litecoin. However, the landscape is quite different now.

After dropping by 6% 24 hours ago, LTC has jumped by 6.6% now and trades above $75. Remember that LTC reached a six month peak last week.

BNB has reclaimed $300 following a 3% increase on the day. Cardano and Polkadot, Cardano, Polygon and Shiba Inu are all slightly greener than the larger-cap alts.

Dogecoin is the best performer from the top 10. DOGE has risen 8.5% to $0.1.

Fantom’s native token has soared the most from the top 100. FTM has added approximately 15% of value in a day and trades north of $0.2.

The crypto market cap has regained $15 billion since yesterday and stands at $835 billion now.

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