In cryptocurrency lingo,???? ???????? ?????? ???? ???????? it's called "shilling" — the practice of endlessly talking up a certain coin with the intention of pumping its price — and Elon Musk may be doing too much of it.
On Sunday, Musk tweeted that the Geometric Energy Corporation will be launching the DOGE-1 satellite to the moon, aboard a SpaceX rocket, next year. The mission will be paid for in DOGE, he wrote, and it will be the "1st crypto in space" and the "1st meme in space."
This Tweet is currently unavailable. It might be loading or has been removed.
That may be a lot to unpack, so here's a quick explainer. First of all, Musk's not kidding. There's an actual press release confirming what he said.
DOGE is a joke cryptocurrency whose price rose immensely this year — partially thanks to Elon Musk constantly talking about it. DOGE-1 is a satellite to be launched on a SpaceX Falcon 9 rocket, and the plan is for it to orbit the moon and "obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems."
There is an actual connection between the two — the space mission will be paid for "entirely" with DOGE.
But the entire thing is a bit of a cosmos-sized joke, because one of the most popular memes that have evolved around DOGE, whose mascot is a Shiba Inu dog, is that the cryptocoin will go "to the moon," which in crypto lingo means the price will go very, very high. So now SpaceX and the Geometric Energy Corporation are making the joke real, by actually sending DOGE (well, the satellite) to the moon. Get it?
Despite the fact that the two companies make important-sounding claims that this "sets precedent for future missions to the Moon and Mars," make no mistake: This is a company sending a satellite to the moon using a SpaceX rocket. The fact that the entire thing is paid for with a cryptocurrency is neat, but frankly, GEC could've had used basically any other cryptocurrency to pay for the mission.
This Tweet is currently unavailable. It might be loading or has been removed.
DOGE isn't particularly innovative (beyond its branding), nor is it particularly well suited for funding space missions (at least not more than most other popular cryptocurrencies).
The price of DOGE has been skyrocketing in recent months, only to plunge right after Elon Musk's SNLepisode. Perhaps the world has had enough of Musk's shilling? The price has since been on the rise yet again, so perhaps not.
The fact that a multi-billion dollar company is using it, and that one of the world's richest men keeps talking about it, do make the whole thing interesting — could it happen that other companies follow suit and DOGE actually does become a currency often used for SpaceX missions? We've just witnessed Elon Musk host the Saturday Night Live, so I guess anything is possible. But even all this free marketing doesn't change the fact that Dogecoin is a Bitcoin/Litecoin spinoff that has, at times, been near-abandoned for years, and that it doesn't offer anything particularly new in the world of crypto.
Topics SpaceX Elon Musk
Bush Eulogized by APA Members of Congress
Social media shows different angle of dramatic events at Dakota Pipeline
30 gift ideas for people who hate to cook
Trump tweeted about 'Hamilton' again and then deleted it
Obama: Akaka ‘Embodied the Aloha Spirit’
Cane toad sausages are a thing that exists because Australia
I spent my morning at New York's new Taylor Swift Experience
The power of public shaming in Trump's America
JACL Supports Survivors of Sexual Assault
Twitter emoji denial has Trump fundraiser fuming
MIS Veteran’s Story Told in New Book
Niall Horan and Shawn Mendes team up for a necessary 'Mercy' duet
BET salutes President Obama with beautiful 'Love and Happiness' concert
Obama says he won't pardon Edward Snowden, despite pressure
Chen Withdraws from 39th District Congressional Race
Boy who wrote touching letter to child war victim melts our hearts again
Dog devastated to realize bone painted on bowl is not an actual bone
Twitter responds to a dad's desperate plea to help his autistic son
Change Your Waribashi, Change the World
These incredibly detailed paintings of stuffed animals will make you feel like a kid again
Meet the developers integrating generative AI into a new video gameCalifornia GothicInternet Archive hacked again: The hacker responded to our email to the Archive.Beats deals at Amazon and Best Buy [Oct 2024]Spiders may sleep, and dream, like humansCalifornia GothicFresh HellPicture Postcards From Train StationsAmazon deal of the day: Ecobee smart thermostat bundle, Dreo space heater, and Anker 535 PowerHouseNYT Connections Sports Edition hints and answers for October 21: Tips to solve Connections #28. Best Samsung TV deal: Save $498 on 85 How to unblock Pornhub for free in Idaho The Antique Store: Connor Wood isn't just 'that TikTok comedian' 'Assassin's Creed Shadows' has a little something for everybody Sinner vs. Shelton 2025 livestream: Watch Australian Open for free Best earbuds deal: Save $30 on the Beats Fit Pro Best QLED TV deal: Save over $1,000 on 100 Shop the best deals on Beats this week Artificial rose deal: $4.99 at Amazon Best Microsoft Surface deal: Save $200 on a Microsoft Surface Pro 11 Copilot+ PC
0.1667s , 10027.5859375 kb
Copyright © 2025 Powered by 【???? ???????? ?????? ???? ????????】Enter to watch online.SpaceX is literally sending DOGE to the moon. Here’s what that actually means.,Global Perspective Monitoring
