Image default

Dogecoin Poised For Lift-Off: DOGE Moon Mission On Elon Musk’s SpaceX Gets Key Regulatory Approval

Every cryptocurrency fan is aware of the famous phrase “to the moon”, which often means the price of assets rising to astronomical heights. However, top memecoin Dogecoin is now actually about to be beamed up to the moon — literally.

A Physical Dogecoin Is Headed To The Moon

The DOGE-funded mission to the moon has just received the regulatory nod from the National Telecommunications and Information Administration (NTIA).

This approval is an important precursor to receiving the final Federal Communications Commission (FCC) license grant, which will address the X-Band and S-Band communications for the satellite.

The clearance means a physical Dogecoin (DOGE) could soon reach Earth’s moon in a space payload mission orchestrated by space robotics company Geometric Energy Corporation. 

The DOGE-1 mission was first announced by SpaceX founder Elon Musk, the self-proclaimed “Dogefather,” in 2021, just before he made his debut as host of “Saturday Night Live.” Notably, the DOGE-1 satellite will be launched aboard a SpaceX Falcon 9 rocket.

It’s pertinent to note that DOGE-1 was fully paid for in DOGE to expand the doggy-themed crypto’s utility beyond speculative trading. However, the lunar mission has been delayed from 2022 to the now-targeted January 2024.

DOGE Could Still Reach The Moon This Year

Interestingly, DOGE-1 is not the only Dogecoin-related moon mission. The Dogecoin team earlier this month announced that Pittsburg-based firm Astrobotic is set to take a physical DOGE to the moon as soon as December 23, 2023 — funded by the community in 2015.

Astrobotic’s Peregrine Mission One (PM1) will be carrying at least 20 payloads (cargo) from various governments, universities, firms, and prestigious entities like NASA. The completion of the mission will mark an important milestone for the meme coin, with the DOGE community eagerly awaiting the satellite launch.

As the launch nears, the enthusiasm both in the crypto market and among Doge devotees is gaining traction.

The same mission is also planned to carry a physical Bitcoin (BTC) in a program commissioned by digital asset exchange BitMEX, which was revealed in mid-May. A copy of the Genesis Block — the first BTC block to be mined — will also be brought along, as planned by Bitcoin Magazine.

Related posts

Despite USDT’s recent depeg, Tether’s market share is larger than it’s ever been

Ondrej Simon

VanEck Subsidiary Launches Index To Track Dogecoin, Shiba Inu, WIF — Why It’s Really Important For Crypto

Ondrej Simon

Cardano’s Charles Hoskinson Blasts Ripple’s Litigation Strategy in XRP Lawsuit

Ondrej Simon