Crypto Currency News

SpaceX accepts Dogecoin as payment for sending a satellite to the Moon

A company will use the crypto currency to pay for the shipment of a satellite.

The Canadian company Geometric Energy Corp. reported that it is using dogecoin, the crypto currency represented by the puppy Shiba Inu, to pay SpaceX to take its satellite to the Moon.

The mission called DOGE-1 to the Moon will be launched aboard a SpaceX Falcon 9 rocket in the first quarter of 2022 and will be the first commercial lunar payload in history paid in full with dogecoin.

“We are excited to launch DOGE-1 on the Moon!” stated SpaceX Vice President of Commercial Sales Tom Ochinero. And he added that: “This mission will demonstrate the application of crypto currency beyond Earth orbit and will lay the foundations for interplanetary trade.”

SpaceX is run by billionaire Elon Musk, the best-known proponent of dogecoin, a meme- based crypto currency that started as a joke in 2013. Fueled in large part by Musk’s tweets, the price of doge coin has risen more than 11,000. % year to date. As a result, dogecoin has seen increased adoption and use cases, now including paying for a trip to the moon.

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