• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Sensei Inu Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Win 8.88 BTCTry
  • Play Casino GamesTry
  • Play FinanceTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Fed Holds Interest Rates Steady, Bitcoin Awaits Trend Reversal Above $27,000
Picture of a Shiba Inu dog holding a Dogecoin flag in space
Sensei Inu Logo

SpaceX Dogecoin-Funded DOGE-1 Mission Set To Launch In Q1 2022

Best Owie by Best Owie
2 years ago
in Dogecoin
Reading Time: 3 mins read

Elon Musk’s Dogecoin-funded mission is now set to launch in the first quarter of 2022. The launch had been announced in May of this year when the billionaire had tweeted about it. The mission is fully paid for in Doge and will not only be the first crypto in space, but it will also be the first meme coin in space.

SpaceX launching satellite Doge-1 to the moon next year

– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space

To the mooooonnn!!https://t.co/xXfjGZVeUW

— Elon Musk (@elonmusk) May 9, 2021

Related Reading | Elon Musk Plans To Become The World’s First Dogecoin Trillionaire

This had been announced at the height of the Dogecoin rally following Musk’s public support of the digital asset earlier in the year. The news of the mission had further propelled the value of the coin forward as Dogecoin was set to make history with this launch. Musk had announced that the mission, known as DOGE-1, would be launched in 2022 and it seems like the project is progressing on schedule.

DOGE-1 Is Ready To Go

According to a report released on Wednesday, the DOGE-1 mission is ready for launch in early 2022. SpaceX had partnered with two blockchain companies, Unizen and ZenX, to bring the project to fruition. The CubeSat which weighs 40 kilograms will be launched into orbit as a new use case for the crypto space. The CubeSat will collect information through various methods, including sensors, cameras, and mirrors, and will relay this information back to Earth.

Dogecoin price chart from TradingView.com

DOGE price remains unmoved by DOGE-1 launch | Source: DOGEUSD on TradingView.com

Launching the CubeSat combines the technology behind SpaceX’s FalconX and blockchain technology. Upon launch, the miniature satellite will orbit the moon to obtain lunar-spatial intelligence.

The DOGE-1 CubeSat is set to launch before NASA’s CAPSTONE, which was supposed to be the first CubeSat to orbit the moon. However, NASA’s launch has been delayed numerous times, putting the DOGE-1 ahead of CAPSTONE. “This means that DOGE-1 could be the first cubist in history to reach the moon, marking a significant achievement for global spaceflight,” the companies said in the report.

Dogecoin Reaction To The News

The meme coin did not see much in the way of a reaction to the news of the launch. Dogecoin continued to trend around $0.26 with no significant movement from the asset upwards or downwards. Despite a good portion of the market rallying to new all-time highs, Dogecoin has not been able to move close to its record high.

Related Reading | Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed Tokens

Previously, news like this would have caused the altcoin to rally, as it did when news of the miniature satellite had first broken in May. This time around, the news of the launch was not enough to move the value of Dogecoin.

This is in part due to the declining influence of Elon Musk over the meme coin, but also that the market has now moved on to other projects. Shiba Inu has now taken over as the meme coin of choice, leaving Dogecoin to suffer in its wake.

Featured image from Bitcoinist, chart from TradingView.com
Tags: dogeDOGE-1DogecoinDogecoin CubeSatDogecoin mission
Tweet123Share196ShareSend
Best Owie

Best Owie

Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors. Best is a true professional in every sense of the word with an exceptional dedication to producing high-quality work.

Related Posts

elon musk X Twitter Dogecoin

X Announces Upcoming Payments Integration: Dogecoin On The List?

9 hours ago
Dogecoin

How Much Will Dogecoin Trade At If It Attains The Market Cap Of Bitcoin Or Ethereum?

3 days ago
Shiba Inu Dogecoin Cardano

These Countries Are Picking Shiba Inu Over Dogecoin And Cardano

6 days ago
Elon Musk Dogecoin

Elon Musk’s Biography Just Dropped: Here Are Important Excerpts About Dogecoin

1 week ago
Dogecoin Dominates: Over 40% Holders In Profit

Dogecoin Dominates: Over 40% Holders In Profit, But How Do Other Meme Coins Fare?

2 weeks ago
Dogecoin DOGE price

Dogecoin Poised for a 150% Surge? Key Price Levels to Watch

2 weeks ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Press Releases

  • Bitcoin Spark Drives Home Solana Killer Narrative Raising...

    2 hours ago
  • Shiba Inu, Bone ShibaSwap or Kangamoon: Which Meme Coin Can...

    3 hours ago
  • Top Three Must-Have Tokens for Investors In 2023 –...

    3 hours ago
  • Are BNB (BNB) and UNUS SED LEO (LEO) Preparing for a Rally?...

    3 hours ago
  • VC Spectra (SPCT): The Pioneering Project Taking on...

    6 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2023 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
    • Gambling
      • Crypto Casinos
      • Real Money Casinos
    • Casinos not on Gamstop
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Win 8.88 BTC
  • Play Casino Games
  • Play Finance

© 2023 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.