By Hassan Mehmood (Saudi Arabia)
Dogecoin, the meme-based cryptocurrency, has been taken up and pushed through the barracks by none other than Elon Musk. The CEO of Tesla has been posting tweets about the wonders it would shortly do and why people should show some interest. Catching to the entirety of this hustle lately, Musk was hosting an SNL (Saturday Night Live) episode and was endearingly covering Dogecoin as well.
His recent tweets did push the price of the Dogecoin along with its adoption, so the fans of Musk and Dogecoin hoped that talking about Dogecoin on SNL will literally skyrocket its price, and if nothing, then it will definitely reach $1 at the very least. As the recent all-time high for Dogecoin has only been $0.50, interestingly enough, that didn’t happen, but something else did, and it will cheer you up.
Although Dogecoin’s price failed to reach the moon in numeric terms, given the current adoption rate for the meme-based cryptocurrency and the general interest institutions have been taking in it, the cryptocurrency is soon to make entry into a real lunar payload mission. The geometric energy corporation did reveal their mission: ‘ DOGE-1 Mission to the Moon’. In 2022 a SpaceX falcon rocket is intended to take the cryptocurrency to the moon with a CubeSat of 40kg that is being paid with Dogecoin itself.
Also read:Dogecoin will be Assisting a Space Mission to the Moon both Virtually and Financially
Elon Musk tweeted about this project not disclosing most of the information on April 1st this year, which was taken as a joke by many, but as it happens, it pans out to be true as there is actually a mission in preparation that will take Dogecoin to the moon. So, in one way or the other, the fans got what they want Dogecoin is actually going to the moon.
However, talking about the price performance of Dogecoin and stability in the crypto market seems to be shaking. If soon, by virtue of some miracle, the cryptocurrency doesn’t break it even at a $1 price point or keeps showing no promise like other cryptocurrencies, then it would be out of the leagues for sure, but that is literally based on the upcoming probabilities and the old game of chance.
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