Cryptocurrency

Dogecoin to the Moon? Date Set for DOGE-1 Moon, the SpaceX Mission Fully Paid for In DOGE

The DOGE-1 Moon mission’s official launch date has been set for November 15-20 2023, following a recent press release. This significant undertaking is a collaboration between Geometric Energy Corporation (GEC), SpaceX, Intuitive Machines, and NASA, first publicized in May 2021.

The mission will utilize SpaceX’s Falcon 9 rocket, forming a part of the Nova-C/IM-1 mission, jointly coordinated by Intuitive Machines and NASA. As reported by Spacetvnet, the Falcon 9 Block 5 rocket will carry the DOGE-1 and IM-1/Nova-C payloads, lifting off from Kennedy Space Center, Florida.

Read Also: Estimated Price of Shiba Inu (SHIB) if It Hits Dogecoin (DOGE) Market Cap After Shibarium Launch

Intuitive Machines of Houston will execute a Commercial Lunar Payload Services delivery, ferrying a collection of NASA’s robotic equipment to the lunar surface. The landing will take place in the following weeks after the launch.

One highlight of the DOGE-1 mission is a 40kg cube-shaped satellite, set to orbit the Moon. This satellite is equipped with sensors and a camera to collect valuable lunar-spatial data.

It’s worth noting that the DOGE-1 launch was originally planned for the early months of 2022. However, it experienced postponements due to complications with SpaceX’s Nova-C mission.

The DOGE1 Moon Mission is backed by Dogecoin (DOGE)

The remarkable aspect of the DOGE-1 mission is its unique financing. Entirely backed by Dogecoin, it marks the inaugural space expedition funded by a cryptocurrency. Elon Musk validated this groundbreaking news on Twitter. The DOGE1 will act as a compact 40kg rideshare component on Intuitive Machines’ IM-1 mission.

This mission is very important to the Dogecoin community because it’s named after the ecosystem token DOGE, which symbolizes the asset’s journey to the moon. It’s generally believed that it will somewhat impact the price of DOGE.

Read Also: Elon Musk Reacts to Rumors of Plans to Trade Dogecoin (DOGE) and Cryptos on X (Twitter)

The DOGE-1 mission comes after Musk, the self-proclaimed “Dogefather,” hosted its first “Saturday Night Live.” The price of dogecoin fell during his appearance, dropping below 50 cents, despite his cryptocurrency reference.

For SpaceX, the announcement comes on the day the organization created a new record for its Falcon 9 series of rockets. According to CNBC, after launching another batch of Starlink satellites into orbit, SpaceX landed the Falcon 9 rocket’s booster for a 10th time, a benchmark Musk has previously described as key in the organization’s progress of reusing its rockets.

Musk told reporters in May 2018, “It’s designed to do 10 or more flights with no refurbishment between each flight. We believe that the [Falcon 9] boosters are capable of at least 100 flights before being retired. Maybe more.”


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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