SpaceX Will Launch a Satellite to the Moon, Funded with Dogecoin Cryptocurrency

SpaceX Will Launch a Satellite to the Moon, Funded with Dogecoin Cryptocurrency

Elon Musk is famous for his meme-oriented and meme-powered multi-million tweets that turned many financial ups to downs and downs to ups. He is using his tweeting power to skyrocket the value of Dogecoin a cryptocurrency that started as a joke.

In a tweet, on Sunday night SpaceX founder Elon Musk announced that his company will launch the Dogecoind funded Doge-1 satellite to the Moon in 2022.

Musk also posted a link to a video in which photos of Russian President, Vladimir Putin and former US President, Barack Obama can be seen as supporters of the cryptocurrency. 

The satellite which is all-set to launch in 2022 by SpaceX is owned by the Canadian Geometric Energy Corporation. Musk plans to launch it in the first quarter of 2022 using the Falcon 9 launch rocket.

Elon Musk tweeted:

The satellite Doge-1 will collect information about the moon and to your notes, in April, Musk announced SpaceX's plans to send Dogecoin to the moon. After his announcement/tweet, the value of the Doge cryptocurrency increased by 30% and now the cryptocurrency enthusiast and lovers are demanding another tweet by him.

Mr. Musk is becoming a legend who can easily turn markets up and down just by sending a tweet.



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