‘Dogecoin to the moon’ is a saying that anybody within the crypto group is conversant in. That is normally mentioned figuratively in relation to the DOGE worth really surging. However Dogecoin is now really headed to the moon – actually – after the official account confirmed the primary DOGE space mission.
Strap In: Dogecoin Is Headed To The Moon
On Thursday, November 16, the official Dogecoin account on X (previously Twitter, confirmed {that a} mission that will likely be taking the meme coin to the moon has now been confirmed. The mission is being orchestrated by Astrobotic Know-how, a robotics firm headquartered in Pennsylvania.
The particulars of the mission included within the publish embrace the truth that a bodily Dogecoin is being included within the DHL Moonbox through ULA’s Vulcan Centaur Rocket which is ready to take off on December 24, 2023. The DHL Moonbox is a memento field that carries completely different keepsakes to take to the moon.
Extra information, with the bodily dogecoin travelling within the “MoonBox” pic.twitter.com/L7WUhg3aIj
— Dogecoin (@dogecoin) November 16, 2023
In keeping with information from Astrobotic Know-how, the DHL Moonbox headed to the moon in December has been crammed with objects from all all over the world, together with the US, Germany, Canada, and so on. Upon the completion of the mission, DOGE would be the first cryptocurrency to be despatched to the moon, marking an vital milestone for the meme coin.
DOGE worth surges as information spreads | Supply: DOGEUSD On Tradingview.com
DOGE Price Prepared To Double
The Dogecoin worth is already able the place it’s anticipated to surge. However the affirmation of the Dogecoin on the moon mission has added gas to the hearth. Following the announcement, the DOGE worth jumped above $0.83 for the primary time in 4 years.
Crypto analyst Crypto Kaleo earlier shared an evaluation of the Dogecoin worth that places it above $0.15. In keeping with Kaleo, DOGE is anticipated to maneuver very quick and can hit $0.09 to $0.1 first, earlier than persevering with on to the $0.15 goal.
Kaleo bases his evaluation on the DOGE/BTC chart the place he says; “I’m just looking for a touch of HTF resistance on the BTC pair around 550 sats.” That is apparently the affirmation of the rally that the crypto analyst thinks might probably push the worth to $0.2.
Right here’s my playbook for $DOGE:
Someday within the subsequent week or two, Dogecoin lastly begins to maneuver.
When DOGE begins transferring increased, it normally strikes fairly quick. I wouldn’t be shocked to see a each day from right here to someplace within the 9 – 10 cents vary, chop there for a bit, then… pic.twitter.com/BN1AqSe8d2
— Okay A L E O (@CryptoKaleo) November 9, 2023
Dogeocoin’s each day quantity is already up greater than 50% within the final day alone, suggesting a better degree of curiosity from buyers. As soon as sellers’ fatigue kicks in and demand rises, DOGE might clear the $0.09 degree earlier than the tip of the day.
On the time of this writing, the DOGE worth is sitting at $0.0804, with 7.86% beneficial properties within the final day. It’s the Ninth-largest cryptocurrency available in the market with a market cap of $11.4 billion.
Featured picture from Inventory Buys, chart from Tradingview.com
