The Geometric Energy Corporation (GEC) has made headlines with its latest announcement about project DOGE-1, a CubeSat mission funded entirely with Dogecoin. This news has gained significant attention in the cryptocurrency world, coinciding with a price increase for Dogecoin.
The GEC has successfully overcome regulatory obstacles and is now moving forward with the DOGE-1 Mission to the Moon. The refinement and testing of the mission are ready to begin.
A Closer Look Into The Announcement
CEO Samuel Reid revealed that the GEC is pushing ahead with the launch of DOGE-1. The project has managed to navigate through regulations imposed by NOAA, FCC, NTIA, NASA, and DOD, and is now focusing on further development.
The announcement also mentioned that orbital trajectory analysis and ground segment testing for missions and payload operations will commence for DOGE-1. SpaceX, backed by Elon Musk, has reserved a spot for this mission on an open manifest basis.
GEC’s goal is to complete testing for the DOGE-1 flight and ground systems, preparing it for integration with the launch vehicle on the initial lunar flight. They are pioneering a new approach to space missions using blockchain technology.
Dogecoin Price Hops
Currently trading at $0.08313, Dogecoin has experienced a slight increase of 0.86% in the past 24 hours. However, its monthly and weekly charts show a downward trend, leading to speculation about the token’s future.
The recent announcement of DOGE-1 has sparked interest among crypto enthusiasts worldwide. With Dogecoin directly involved in the project, traders are becoming more bullish on the token.
Hot Take: DOGE-1 Project Boosts Dogecoin’s Potential
The GEC’s DOGE-1 project has created excitement in the crypto community, contributing to a price increase for Dogecoin. By overcoming regulatory hurdles and aligning with SpaceX, the GEC is pioneering a new era of space missions using blockchain technology. This development has sparked optimism among traders, who are now more optimistic about Dogecoin’s future prospects.
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