SpaceX’s ‘Doge-1’ Lunar Mission Gets US Government Approval, Nears Launch
The SpaceX “Doge-1” lunar mission funded by Dogecoin (DOGE), has garnered US NTIA approval, takes a step closer to launch.
The US National Telecommunications and Information Administration (NTIA) has approved the SpaceX lunar mission named “DOGE-1,” funded by DOGE. This milestone brings the ‘DOGE-1’ Moon mission launch a step closer.
The DOGE-1 satellite is under development by the space technology firm Geometric Energy Corporation. It will be launched aboard a SpaceX Falcon 9 rocket and is designed to feature a miniature screen that will display advertisements, images, and logos, broadcasting to Earth. DOGE-1 is making history as the first satellite launch to be entirely paid for in DOGE tokens.
Initially announced by SpaceX founder Elon Musk in 2021, the DOGE-1 launch, scheduled as a rideshare collaboration between Intuitive Machines and the US space program NASA, was originally planned for 2022. However, it faced multiple postponements and is now set to take place in January 2024.
The ‘DOGE-1’ Moon Mission awaits a license from the Federal Communications Commission (FCC) before the final launch.
DOGE-1 Lunar Mission Fuels Dogecoin Price Surge, While Number of Coin’s Holding Addresses Hits 5 Million
DOGE-1 is one of two dogecoin-related missions planned in the coming months. In a separate initiative, Dogecoin (DOGE) developers have announced a space payload mission by Pittsburg-based firm Astrobotic, scheduled for December 23rd, where a physical dogecoin token could reach Earth’s moon.
The anticipation surrounding DOGE’s upcoming lunar journey has contributed to a significant surge in its price, surpassing the $0.08 resistance level earlier this week.
Concurrently, the number of cryptocurrency addresses holding DOGE has surpassed 5 million for the first time, indicating growing adoption and an increasing number of users engaging in significant transactions involving this non-serious digital asset.
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.