Altcoins News
By Sydney TheCMO
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Dogecoin and its supporters had a rough weekend as the price failed to reach the $1 level, contrary to the expectations based on Elon Musk’s SNL appearance.
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Yes, that’s right. Dogecoin now has a chance to literary go to the moon, which means it also has an even higher chance of going to the moon figuratively.
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“DOGE-1 will demonstrate the application of cryptocurrency beyond Earth’s orbit and set the foundation for interplanetary commerce. We’re excited to launch DOGE-1 to the Moon!
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SpaceX did not disclose how much the mission will cost, but space missions are not cheap, which means that if it is funded by Dogecoin, some major transactions are coming up.
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Dogecoin is currently trading at $0.51 with the price below the 7-day moving average and just above the 25-day moving average, indicating that the bears still have some strength…
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The volume indicator still shows significantly low volume at around 4.18 billion Dogecoins. The announcement about the Doge-1 mission may contribute to significantly higher…
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Ochinero described the mission and the partnership between SpaceX and Geometric Energy Corporation as the foundation of interplanetary commerce.
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The SpaceX executive’s statement points towards more real-world uses for Dogecoin. It would provide a strong basis for more adoption and acceptance of the cryptocurrency, which…
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