Dogecoin has always had hopes for a “Moon Landing”. But a few months ago, this sentence was translated literally.
In fact, over the past few days, the famous narrative is starting to gain more momentum.
Ready to start from 3..2.1…
DOGE sets a new high, but not the traditional way. Unizen, a smart cryptocurrency exchange ecosystem, is linked with geometric energy consumption to fund lunar exploration with Dogecoin. These agencies are preparing to put the 40 kg CubeSat spacecraft into lunar orbit in the first quarter of next year.
In other words, CubeSat is a microsatellite used for space research. Interestingly, the launch contract was financed using DOGE. Interestingly, the mission name is “DOGE-1”.
Now, if the launch goes as planned, it could be a first-of-its-kind product. NASA was scheduled to launch something similar this year, but it has been delayed several times. Now scheduled for release in March 2022, it paves the way for DOGE-1’s forerunners.
Additionally, more than 1,600 CubeSats have been released so far. However, it only reached low-Earth orbit, 1200 miles from the Earth’s surface. However, DOGE-1 ambitiously aimed at the moon 250,000 miles away. So far, CubeSat has not been released.
Well, DOGE’s funding mission is good, but it’s important to note that Emoji Coin hasn’t been doing well lately. In fact, the recovery after the decline in May is not very impressive. To make things harder, SHIB recently overtook DOGE to become the community’s favorite emoji token.
Overwhelmingly overwhelmingly, step by step?
However, DOGE has successfully outperformed SHIB and continues to be the best emoji currency by capitalization. At the time of writing, the difference in market cap between the two emoji coin competitors is just over $5 billion.
Source: Santiment
Next, DOGE’s development activities are still strong and, ironically, promising. A week ago, the developers of Emoji Coin revealed that they were running a Gitian build process for the 1.14.5 proposal. The aforementioned upgrade will address the most critical aspect of DOGE: transaction costs.
After the announcement, the DOGE community was more optimistic and hoped the DOGE price would rise. The token lived up to their expectations.
According to Santiment’s chart, the status of the development activity indicator also looks promising. In fact, at the time of writing, it is very close to a several-month high.
Source: Santiment
It should also be pointed out that the correlation between DOGE and Bitcoin is on the rise. Currently, the probability that Kingcoin will hit a new high on the chart seems quite high. So, in any case, Dogecoin is bound to rebound. In retrospect, getting a dollar is more realistic than ever.
Ergo has strong native support, is backed by community members, has actually landed on the moon and could help the biggest emoji coin soar in the coming months.
Information source: Compiled with 0x information in AMBCRYPTO. The copyright belongs to the author, and unauthorized reproduction is prohibited.
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