Dogecoin Set for Launch: Will New Mission Send DOGE to the Moon?

Unveiling Dogecoin's Path to $1: Insights from Whale Transactions

On December 23, 2023, Dogecoin (DOGE) and Bitcoin (BTC) will embark on a lunar journey via Astrobotic’s Peregrine spacecraft. This mission includes various mementoes contributed by the crypto community and BitMEX. Among them are physical representations of Dogecoin and Bitcoin.

The physical sending of these cryptocurrencies to the moon adds a tangible twist to the familiar crypto phrase “to the moon.” Typically, “to the moon” symbolises a rapid price surge. In this case, Dogecoin and Bitcoin are bound for the lunar surface.

Amidst this celestial voyage, DOGE has traced a double-bottom pattern on the weekly timeframe, which may signify a potential trend reversal. 

The event of sending digital money into space adds a remarkable aspect to the story of cryptocurrencies going to new heights, both in terms of value and literally into space.

How Will Dogecoin Travel To The Moon?

Dogecoin X (Twitter handle) has revealed that Astrobotic will send a physical Dogecoin via a DHL Moonbox through the Peregrine spacecraft on December 23, 2023. Astrobotic develops space robotic technology for lunar and planetary missions. This American company will facilitate this unique initiative.

Describing the Peregrine spacecraft, Astrobotic likened it to a delivery vehicle in space, analogous to shipping companies like DHL. The Peregrine allows governments, universities, nonprofits, and individuals to secure space for their lunar objectives, with the first mission carrying a diverse array of scientific instruments, technologies, mementoes, and payloads from seven countries and numerous contributors.

The DHL Moonbox, a part of this lunar cargo, will include various mementoes, notably featuring a physical Dogecoin from the meme coin’s community. BitMEX has also joined in. They announced the dispatch of physical Bitcoin in collaboration with Bitcoin Magazine.

Elon Musk’s SpaceX had previously announced the “Doge-1” lunar mission in 2021. However, it has faced delays and is currently slated for launch in the first quarter of 2024. Meanwhile, the weekly chart for DOGE indicates a potential bullish trend with a double-bottom pattern. This signals optimism if the coin closes above $0.08378 weekly.

Read Also: Dogecoin (DOGE) Could Hit $1 – Crypto Analyst States Conditions 

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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