Have you ever heard about Dogecoin to the moon. If not, this article is for you. Today we will talk about what is becoming of dogecoin to the moon and what does Dogecoin to the Moon mean. Let’s find out by reading the article below.
What Is Becoming Of Dogecoin to the moon?
Dogecoin is hitting new highs, but not in the way people think. Unizen a smart crypto exchange ecosystem, has partnered with Geometric Energy Consumption (GEC) to fund Dogecoin’s mission to the moon. What's more, it will likely launch before any other mission of its kind. The organizations were preparing to launch the 40-kilogram Cubesat spacecraft into lunar orbit in the first quarter of 2022. CubeSats were tiny satellites used for space research. After collecting lunar space data, it used the onboard communication module to transmit the knowledge back to the GEC. Notably, this launch deal was funded using DOGE, the infamous meme coin popularized by SpaceX CEO Elon Musk. The mission was aptly named "DOGE-1."
What does Dogecoin to the Moon mean?
Geometric Energy Corporation will use a SpaceX rocket to launch the DOGE-1 satellite to the moon next year, Musk said on Twitter. The mission, which will be paid in DOGE, will be "the first cryptocurrency in space" and "the first meme in space," he wrote. DOGE is a joke cryptocurrency whose price has risen sharply this year thanks in part to Elon Musk constantly talking about it. DOGE-1 is a satellite that will be launched on a SpaceX Falcon 9 rocket and is planned to orbit the moon and "acquire lunar space intelligence through onboard sensors and cameras integrating communications and computing systems." But the whole thing is a bit of a cosmic joke, because one of the most popular memes that has evolved around DOGE (whose mascot is a Shiba Inu) is that the cryptocurrency is going to "go to the moon," which in cryptocurrency jargon means And the price will be very, very high. So now SpaceX and Geometric Energy Corporation are turning that joke into reality, sending DOGE (well, a satellite) to the Moon. While these two companies sound important, claiming this "sets a precedent for future missions to the Moon and Mars," make no mistake: this is a company that uses SpaceX rockets to send satellites to the Moon. It's nice that the whole thing is paid for in cryptocurrency, but frankly, GEC could basically use any other cryptocurrency to pay for tasks.
I hope this article will help you to learn what is becoming of dogecoin to the moon and what does Dogecoin to the Moon mean. DOGE isn't particularly innovative (apart from its branding), nor is it particularly well-suited for funding space missions (at least not more than most other popular cryptocurrencies).
