Dogecoin has boldly set its sights on the lunar frontier. In a recent update shared on social media by the Dogecoin Foundation, it was revealed that the payload aboard the upcoming United Launch Alliance [ULA] Vulcan Centaur rocket includes a tangible replica of the iconic DOGE cryptocurrency, along with the Astrobotic Peregrine lunar lander—an integral part of NASA’s ambitious initiatives. The launch of the Vulcan Centaur marks a historic and noteworthy event, culminating after a prolonged delay spanning five years.
The intricate journey of DOGE to the moon is set to unfold across nine distinct stages, encompassing the initial launch, transition to a high elliptical orbit, and ultimately culminating in a lunar surface landing. The inclusion of the Astrobotic Peregrine lunar lander signifies Dogecoin’s involvement in NASA’s Commercial Lunar Payload Services initiative and the NASA Artemis program, adding a unique layer to the collaborative space exploration efforts.
The idea of sending DOGE to the moon was initially conceptualized with the “Dogecoin on the Moon” calendar date. Astrobotic, a Pittsburgh-based firm, took the initiative to send a physical representation of Dogecoin to the moon via the DHL Moonbox, utilizing ULA’s Vulcan Centaur Rocket. This mission, funded by the Dogecoin community in 2015, serves as a symbol of collective effort, showcasing the intersection of meme-driven crypto enthusiasm with tangible achievements in space technology.
Dogecoin Rebounds Amidst Price Woes
Turning to the financial aspect, Dogecoin faced a notable setback from the resistance level at $0.10 established in mid-December. The meme coin struggled to recover from a flash crash that rattled the entire crypto market on January 3. Following its decline below $0.09, the price of DOGE has hovered around the low $0.07 range at the time of writing.
Examining on-chain metrics, the daily trading volume of DOGE has experienced a significant surge in the last day following its price decline. As interest in the meme-driven cryptocurrency grew, so did the trading volume, registering an impressive 190% increase in daily DOGE trading volume. This surge in trading activity reflects heightened market interest and participation in the meme coin despite recent price fluctuations.