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 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 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.
SPECIAL OFFER (Sponsored)
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).
PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.
Dogecoin (DOGE) Could Surge by Another 30% if its Price Holds This Level: Analyst
Dogecoin’s price has been on a roll in the past few weeks, having surged by about 30% since September 7. Recent data provided by the popular cryptocurrency analyst Ali hints at another similar rally should the meme coin decisively conquer the $0.11 resistance. Alongside the rest of the market, DOGE dumped hard in the first…
Dogecoin’s price has been on a roll in the past few weeks, having surged by about 30% since September 7.
Recent data provided by the popular cryptocurrency analyst Ali hints at another similar rally should the meme coin decisively conquer the $0.11 resistance.
Alongside the rest of the market, DOGE dumped hard in the first week of September, going from over $0.1 to a multi-week low of $0.089 (on Bitstamp).
However, it began to recover shortly after and surged past $0.11 earlier today. In fact, it currently sits at $0.114, which means that it has increased by 28% since the aforementioned low.
According to Ali, more than 62,000 wallets hold over 36 billion worth of the OG meme coin bought at this level $0.111, making it a crucial psychological resistance.
If they decide to retain their holdings instead of selling with minor gains, DOGE’s price ascent can continue in the next few weeks. Ali asserted that there are no “major supply walls in sight,” which could send the meme coin toward $0.15. This could be another 30% surge from its current price levels.
#Dogecoin has surged past the $0.111 resistance, where 62,270 addresses hold over 36 billion $DOGE. If #DOGE holds this level, it could confirm a bullish breakout. With no major supply walls in sight, the path to $0.150 looks clear! pic.twitter.com/4L0zI4s72z
The largest meme coin has another thing going its way – whales. The analyst showed another graph indicating that such large investors have accumulated approximately $140 million worth of DOGE in just two days, which could be the catalyst for another rally.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Crypto Analyst Says New Meme Coin Pepe Unchained Could Challenge Pepe, Dogecoin
Pepe Unchained is in contention to become the top meme coin, potentially overtaking the industry titans like Pepe and Dogecoin. These are the thoughts of popular crypto analyst ClayBro, who hailed Pepe Unchained’s ($PEPU) rapid momentum and utility-rooted use case as reasons it could outdo the current meme coin frontrunners. ClayBro says $PEPU is Set Apart…
Pepe Unchained is in contention to become the top meme coin, potentially overtaking the industry titans like Pepe and Dogecoin.
These are the thoughts of popular crypto analyst ClayBro, who hailed Pepe Unchained’s ($PEPU) rapid momentum and utility-rooted use case as reasons it could outdo the current meme coin frontrunners.
ClayBro says $PEPU is Set Apart by its Presale Home Run
“The crypto market is going through a brutal period in terms of fear, yet Pepe Unchained is able to raise money, they’re able to sell out – they’re doing something no other presale can,” said ClayBro.
Pepe Unchained has raised over $12.5 million throughout its presale, making it one of the most successful campaigns of 2024.
Considering crypto prices have been crashing almost the entirety of the presale, ClayBro thinks the project has significant potential.
While most cryptocurrencies fold under bearish momentum, investors have accumulated Pepe Unchained without flinching.
According to ClayBro, Pepe Unchained is on track to “become the top meme coin.”
What’s driving this interest? It all comes down to its use case.
Pepe Unchained: the First Pepe-Themed Token With a L2 Blockchain
Layer 2 blockchains have changed the way users interact with Ethereum. They no longer bid for limited block space on the congested main network. Instead, they use connected offshoot chains (layer 2s) that are faster and cheaper.
Now, users can transact in the Ethereum ecosystem without worrying about the previously exorbitant gas fees – it’s a game changer.
But imagine packing that innovative utility behind the viral face of Pepe coin. That’s what Pepe Unchained will be.
It claims to offer lower fees and 100x faster speeds than Ethereum, and its focus on meme coins opens up a wide range of new potential use cases.
While meme coins like Dogecoin and Pepe rely purely on “vibes” and community spirit to boost their prices, Pepe Unchained is underpinned by tangible utility.
It’s a clear distinction from its peers and a narrative investors are getting behind.
$PEPU Staking Offers 162% APY, 20x Higher Than ETH Staking
More good news for Pepe Unchained holders – $PEPU staking is far more lucrative than the market average.
Currently, $PEPU staking offers returns as high as 162% APY. In comparison, ETH staking offers up to 7% APY.
And with ETH staking, users must host their own node or delegate to someone else. Either way, the take-home profits work out even less. But that’s not the case with Pepe Unchained.
However, the staking rewards are capped at 30% of the total $PEPU supply.
This means rewards will decrease over time, incentivizing prospective investors to act early.
Simultaneously, the Pepe Unchained presale price will gradually increase, with the next uptick in just over one day.
Bull Market is Back on – Expect an Uptick in $PEPU Presale Momentum
If Pepe Unchained could raise $12.5 million in bearish conditions, imagine what it would do in a bull market.
Traders have rallied behind its novel use case.
The crypto market cap has jumped 3.09% today as traders spot a higher low on the Bitcoin price chart. This typically indicates a trend reversal, shifting from bearish to bullish.
It comes amid expectations of a tailwind from favorable macroeconomic changes. Goldman Sachs anticipates three consecutive 0.25% interest rate cuts through 2024, which would drive more liquidity into risk-on asset classes like cryptocurrencies.
Goldman Sachs, $GS, expects the Federal Reserve to initiate a series of three consecutive 25 basis-point rate cuts in September, November and December.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000. The altcoins are mostly in the green, with BNB and DOGE emerging as the top performers from the larger caps. BTC Above $61K Last weekend went under the rule of the…
Bitcoin’s price movements over the weekend have returned to a much calmer state, and the asset has remained relatively stable at just over $61,000.
The altcoins are mostly in the green, with BNB and DOGE emerging as the top performers from the larger caps.
BTC Above $61K
Last weekend went under the rule of the bears as they pushed the primary cryptocurrency from $66,000 on Friday to $57,000 by Sunday evening. The landscape worsened on Monday, and the price plunged massively to $49,500, which became BTC’s lowest position in about half a year.
However, the asset started to recover some ground in the following days. This culminated on Friday morning with a surge to almost $63,000, meaning that bitcoin had reclaimed more than $13,000 in value in less than a week.
Nevertheless, the cryptocurrency failed to maintain its run and retraced by a few grand. Since then, the market has been choppy, but BTC has managed to remain above $61,000 in the past 24 hours.
Its market capitalization has risen above $1.2 trillion, while its dominance over the alts has declined slightly after the recent multi-year milestone and is just under 54% now.
DOGE Shoots Up
Most altcoins have charted some gains in the past 24 hours, led by the largest meme coin. DOGE has shot up by 5% and has tapped $0.11 for the first time in days. Binance Coin is the other impressive gainer from the larger-cap alts, having surged by just over 4%. As a result, BNB sits above $530 now.
ETH, SOL, XRP, ADA, AVAX, SHIB, and BCH are also slightly in the green, while TON is the other larger-cap alts in the red.
Aptos and FET are the two top performers from the mid-cap cohort, with gains of 7% and 9%, respectively.
The total crypto market cap has added about $20 billion overnight and is at $2.245 trillion on CG now.
SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.