Encountering some obstacles on their journey to the moon, the space commanders contemplate launching DOGE into space in the near future.
quick take
- DOGE enthusiasts receive an updated launch schedule for the eagerly awaited DOGE-1 rocket.
- A small television screen on the satellite is scheduled to showcase the DOGE logo in outer space.
- Despite achieving a yearly high in new wallets, Dogecoin’s price remains stagnant.
Dogecoin (DOGE) played a role in assisting SpaceX, the space exploration company, with preparations for their upcoming lunar mission. Initially slated for a late 2023 launch, the DOGE-1 lunar mission had to be postponed due to issues with unsatisfactory radio transmitters and the requirements for the accompanying satellite.
Geometric Energy Corporation (GEC), the entity responsible for developing the much-anticipated DOGE-1 spacecraft, compensated Elon Musk’s SpaceX to reschedule the launch of the DOGE-1 X-Band following two missions scheduled by Intuitive Machines.
However, the primary reason for the delay in Dogecoin’s lunar mission is attributed to the accompanying satellite, the DOGE-1 X-Band, as explained by Geometric Energy’s CEO Samuel Reid. This aspect of the arrangement hinges on Exobiotics Limited, a company tasked with delivering the upgraded spacecraft to Maverick Space Systems.
Due to this setback, the launch of Dogecoin’s space rocket is tentatively scheduled for February, prompting inquiries from some members of the DOGE Army on X (formerly Twitter) directed towards Geometric Energy’s chief space commander. They seek clarification on whether the previously proposed launch date of February 15, 2024, for the DOGE rocket, remains feasible.
The Importance of the DOGE Moon Journey for Dogecoin’s Development
Originally introduced to the public in May 2021, the concept of launching Dogecoin into space was sparked by the DOGE Army. Since the inception of the top dog coin in 2013, “Dogecoin to the Moon” has remained the primary slogan of the DOGE Army.
Although DOGE’s creator Billy Markus, also known as Shibetoshi Nakamoto, claims to no longer be involved in the project, his friendship with the prominent tech magnate Elon Musk has significantly influenced the community engagement surrounding Dogecoin on Twitter. Shortly after Musk established the official XPayments account for the forthcoming peer-to-peer financial ecosystem, Dogecoin witnessed a 1,095% surge in new wallet addresses.
The excitement surrounding the canine-themed coin continues to grow as anticipation mounts for its groundbreaking journey to the moon. Should DOGE be integrated as a payment option in X’s new financial system, the token stands to gain a significant utility boost.
Additionally, Elon Musk’s Boring Company offered rides in Tesla cars along the Vegas Loop for just $2.5 in DOGE for a daily pass, further contributing to the coin’s social buzz. Beyond its space endeavors, Dogecoin has been recognized as a top merchant for the Dallas Mavericks by the team’s owner, Mark Cuban.