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Price of Dogecoin Drops as BTC and DOGE Reach for the Moon

Price of Dogecoin Drops as BTC and DOGE Reach for the Moon

The First Private American Lander Carries Dogecoin Wallet to the Moon

The world’s first private American lander, Peregrine, embarked on a mission to the Moon with a Dogecoin (DOGE) wallet on board. The Peregrine Mission One, led by space company Astrobotic, launched with a dual crypto load. Alongside the DOGE wallet, it also carried a Bitcoin coin (BTC) and a metal plate engraved with the contents of Bitcoin’s first block.

Astrobotic’s Rocket Project to Send Cargo to the Moon

Astrobotic is conducting the Peregrine Mission One as part of the Commercial Lunar Payload Service program. The mission aims to deliver the first-ever private lander to the Moon. The 61.6-meter Vulcan Centaur rocket from United Launch Alliance successfully launched from Cape Canaveral in Florida. The lander is expected to touch down on the lunar surface and perform various studies on Feb. 23.

DOGE Price Remains Stable Despite Moon Mission

Despite the exciting news, Dogecoin’s price showed minimal reaction, experiencing a 3.69% decline in the past 24 hours. Currently trading at $0.07793 with a market capitalization of $11.1 billion, DOGE maintained stability. Similarly, Bitcoin’s price only dropped by 0.3% in the last day, reaching $43,945 according to CoinMarketCap.

Upcoming DOGE Launch Planned by Geometric Energy

In addition to Astrobotic’s mission, another DOGE launch to the Moon is scheduled soon. Geometric Energy is developing DOGE-1, which will be launched on a SpaceX Falcon 9 rocket. Although initially announced by SpaceX founder Elon Musk in 2021, the launch of DOGE-1 has faced multiple delays. However, it is now set for January 2024.

Hot Take: Crypto Ventures Reach New Heights with Lunar Missions

The inclusion of Dogecoin and Bitcoin on lunar missions marks an exciting milestone for cryptocurrencies. These ventures not only highlight the growing integration of crypto into various industries but also demonstrate the potential for cryptocurrencies to transcend Earth’s boundaries. As space exploration and crypto continue to intersect, we may witness new opportunities and applications emerging in this extraterrestrial realm.

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Price of Dogecoin Drops as BTC and DOGE Reach for the Moon