What’s Happening with Dogecoin?

Dogecoin (Doge) is preparing for a significant move. This time, it’s not just on the charts but reaching for the moon through a project funded by the meme coin. This long-anticipated project is finally taking shape.

Doge-1 Gets the Green Light from NTIA

CEO of Geometric Energy, Samuel Reid, shared that the National Telecommunications and Information Administration (NTIA) approved the Doge-1 Satellite. However, they’re still waiting for authorization from the Federal Communications Commission (FCC) for the X-band and S-band. This major step has been eagerly awaited by the Doge community ever since the project was announced in 2021 and paid for entirely with Dogecoin.

SpaceX, owned by Elon Musk, will be launching the Doge-1 into lunar orbit. Musk, known for his support of Dogecoin, agreed to accept Doge as payment for this mission. The launch date is not set but with NTIA approval, it looks like it could happen sooner than expected.

Dogecoin‘s Lunar Mission

But Doge-1 isn’t the only mission taking Dogecoin to the moon. Astrobotic announced that the Peregrine and a physical Dogecoin will be sent to the moon. This long-awaited project may make Dogecoin the first cryptocurrency to land on the moon.

Price wise, Doge has reacted positively to these developments. It’s currently trading at around $0.08089, up over 4% in the last 24 hours, according to CoinMarketCap.

### News source: bitcoinist.com

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