Musk tweeted, “The time has come to actually send Dogecoin to the moon.”

Author:Martin

An article ignited the cryptocurrency market again!With a wave of Musk’s “magic wand”, Dogecoin’s moon dream has never been closer to reality.

“The time has come.” Elon Musk wrote in a post on November 4, citing his announcement in April 2021“SpaceX will send a real Dogecoin to the real moon”text, this brief message quickly sparked heated discussions in the cryptocurrency community.

The DOGE-1 lunar mission began with a post from Musk in 2021,It once caused the price of DOGE to soar nearly 30% in a few minutes.After his post triggered a heated discussion across the Internet, the SpaceX founder officially confirmed a few weeks later that the company would launch the “DOGE-1 lunar mission” and accept Dogecoin as payment.

Developed by Canadian company Geometric Energy Corporation (GEC), the mission is a CubeSat microsatellite mission paid entirely in Dogecoin.According to the plan,DOGE-1 will be launched aboard a SpaceX Falcon 9 rocket.

If successful, it will be the first space mission to be paid entirely for cryptocurrency, and the U.S. Federal Communications Commission has already issued a license for the mission,According to the authorization document, this permission will expire “two years after the launch of the DOGE-1 mission or October 30, 2025.”

Compared with the nearly 30% surge in the price of Dogecoin after the publication of the article in 2021, the market reaction this time appears to be more rational. After the news was announced,DOGE price only briefly rebounded from $0.172 to $0.178 before falling back due to overall market selling pressure.

This difference reflectsThe maturation of the cryptocurrency market, investors no longer blindly follow the opinions of opinion leaders, but pay more attention toFundamentals and value support of the project.

The cryptocurrency market as a whole is currently under pressure,Bitcoin falls below $106,000, Ethereum loses $3,600, if the DOGE-1 mission is successfully implemented, it will allow Dogecoin to move from a “Meme” into a real commercial application scenario.

This CubeSat satellite will be used for earth observation and Internet of Things data transmission,It means that DOGE may truly participate in a value closed loop in the physical world., Tom Ochinero, Vice President of Commercial Sales at SpaceX, once said: “DOGE-1 will prove the application of cryptocurrency beyond Earth orbit and lay the foundation for interstellar trade.”

Unlike the 2021 promise,This mission has passed technical review and has a complete mission process. The launch window is set for December 2025., which shows that Musk is turning his “space rant” four years ago into reality.

The market is paying close attention to December launch plans,This mission is not only a technical test, but also an important attempt to apply cryptocurrency in real-world application scenarios.

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