SpaceX Considers Putting Dogecoin On The Moon, DOGE Surges 35%

SpaceX considers putting dogecoin on the moon and this news made the coin surge 35% after Elon Musk made the announcement so let’s read more in our latest dogecoin news today.

The Tesla CEO Elon Musk who is known for influencing the growth of cryptocurrencies, did it again this time with the new announcement that he will take the coin to the moon, making the coin rise by 35%. After supporting DOGE, the billionaire showed his support once again causing the coin to reach a six-week high. In the tweet, he noted that one of his companies, SpaceX considers putting “literal dogecoin on a literal moon.”

The post led the cryptocurrency to the moon as well, spiking 35% in minutes after the tweet was made. The meme-inspired token had a value of $0.07 before dropping to $0.06 at the time of writing. Based on the significant growth of DOGE, we can see it is up by 1500% since the start of the year, and also compared with other altcoins, didn’t start the year on a good note. The data shows that DOGE was at $0.004 on January 1^st.

SpaceX is going to put a literal Dogecoin on the literal moon

— Elon Musk (@elonmusk) April 1, 2021

Musk’s comments shot the token to $0.08 as the investors believed that the billionaire will purchase a huge volume of the coin. However, most enthusiasts felt disappointed after the Tesla boss abandoned the token and purchased $1.5 billion in BTC. in the meantime, Musk said that he will give his support to DOGEcoin if the whales sell their bags. This is not the first time that Musk supports Doge publicly. He already renamed himself as the “Technoking of Tesla” which was declaring his support for the coin since 2017 and the comments about the token were already a key to its growth.

Dogecoin recorded a huge feat when the Latvian national carrier AirBaltic announced that the customers can pay for the flight tickets using the cryptocurrency. however, the initiative cannot be attributed to the spike of DOGE and it is also healthy for the token’s growth in the future. Latvia’s flag air carrier AirBaltic confirmed today that they are a pro-crypto company that enables customers to make bookings with a variety of digital assets. Now, users can start booking flights with ETH, dOGE, and Bitcoin Cash and the tokens joined the list of four USD-pegged stablecoins alongside Bitcoin.