Elon Musk Announces Major SpaceX Development on X App
Centibillionaire Elon Musk, the CEO of SpaceX and Tesla, has made a significant announcement about SpaceX on the X app. Musk took to Twitter to reveal that in 2024, astronauts will be flying “the furthest they have ever been from Earth” in the Dragon spaceship created by SpaceX. He also mentioned that the Starship will be capable of reaching the Moon in less than five years. This announcement has sparked interest and speculation among the online community.
Dogecoin in Space: Crypto Lovers Press Musk for Answers
As news broke about Elon Musk’s major SpaceX announcement, crypto enthusiasts were quick to ask Elon Musk about his plans to take Dogecoin to space. Musk had previously mentioned his intention to do so, which led the cryptocurrency community to wonder if this new development would include Dogecoin. Major cryptocurrency-themed account Crypto Rand directed a question to Musk, asking when Dogecoin will go into orbit.
SpaceX Previously Accepted DOGE Payment for DOGE-1 Mission
In a surprising turn of events, Elon Musk’s SpaceX accepted a payment in Dogecoin from Geometric Energy Corporation (GEC) for the DOGE-1 Mission. Chief Executive Samuel Reid confirmed that this payment was made to rebook the mission after its initial delay. The plan was originally to launch the mission on SpaceX Falcon 9 in 2022, but due to delays, the project was rescheduled. With this new development, GEC remains optimistic that the DOGE-1 Mission will finally be launched into space.
Anonymous Whales Make Massive DOGE Transactions
Over the past 24 hours, two enormous transactions involving Dogecoin were made by anonymous whales. One whale deposited a staggering 150 million DOGE, worth $12.2 million, to Robinhood. The purpose of this transaction is unclear, but it could indicate a potential sale or a whale holding their DOGE on the investment platform. Another transaction involved the withdrawal of 63.7 million DOGE, equivalent to $5.2 million, from Bittrex and its transfer to an unknown digital wallet. These significant movements in Dogecoin highlight the ongoing activity and interest in the popular cryptocurrency.
Dogecoin Attempts Breakout but Fails
During the past 24 hours, Dogecoin made a 2.11% rise, attempting to break out from the $0.0804 level. However, this upward movement was short-lived, and at the time of writing, Dogecoin is trading at $0.0804. This price movement reflects the volatility and uncertainty surrounding the cryptocurrency market.
Disclaimer: The information presented here is intended for informational purposes only and should not be taken as financial or investment advice. Conduct your own research and consult with a financial expert before making any investment decisions.
Analyst comment
1. Elon Musk Announces Major SpaceX Development on X App: Positive news. This announcement generates interest and speculation in the online community. Market expectations may rise, leading to potential increases in SpaceX stock and related industries.
2. Dogecoin in Space: Crypto Lovers Press Musk for Answers: Neutral news. While there is curiosity among crypto enthusiasts, it is uncertain if Dogecoin will be included in Musk’s SpaceX plans. The market impact will depend on Musk’s response and any subsequent developments.
3. SpaceX Previously Accepted DOGE Payment for DOGE-1 Mission: Positive news. This payment acceptance shows potential support for Dogecoin and increases optimism for the DOGE-1 Mission. It could boost the market sentiment towards Dogecoin and increase its value.
4. Anonymous Whales Make Massive DOGE Transactions: Neutral news. The purpose of these transactions is unclear, but they highlight ongoing activity and interest in Dogecoin. Traders may monitor these moves closely, but the overall market impact is uncertain.
5. Dogecoin Attempts Breakout but Fails: Negative news. The failed breakout reflects the volatility and uncertainty in the cryptocurrency market. Traders may become cautious, potentially leading to a decrease in Dogecoin’s price and market sentiment.
