Crypto 350

06/23 12:41

Elon Musk’s Latest Move Could Send Dogecoin Soarin

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Elon Musk’s Latest Move Could Send Dogecoin Soaring — But There’s a Catch Major market snapshot: S&P 500 7,472.79 (-0.4%) Dow Jones 51,712.71 (+0.3%) NASDAQ 26,166.60 (-1.3%) Bitcoin $62,310 (-3.9%) Elon Musk has long been a supporter of Dogecoin (DOGE), the original meme coin and still the largest by market cap. He first mentioned it in 2019, calling it one of his favorite cryptocurrencies. Since then, Dogecoin’s price has repeatedly surged on Musk-related headlines, including his 2021 appearance on Saturday Night Live. The Dogecoin “moon mission” The latest catalyst is tied to SpaceX and the long-delayed DOGE-1 lunar mission. Musk originally tweeted in April 2021 that SpaceX would “put a literal Dogecoin on the literal moon.” The statement was later confirmed as an actual project rather than a joke. In May 2021, Geometric Energy Corp. booked a lunar mission via SpaceX’s rideshare program, which includes an 88-pound CubeSat named DOGE-1. The mission was fully paid for in Dogecoin. The launch was originally scheduled for 2022 but has been postponed multiple times. It is now currently expected to launch on September 14, 2026. But there’s a catch Despite the strong hype potential, there is no guarantee that the mission will have a lasting impact on DOGE’s price. The launch has been repeatedly delayed, and crypto markets today are generally less reactive to hype-driven news than in previous cycles. Even if the mission eventually launches, its effect may be more of a short-term sentiment spike rather than a sustained price rally.

1分享