Tech

Dogecoin goes to the moon

Dogecoin goes to the moon

SpaceX says they’ll send Dogecoin to the moon in the first quarter of next year

Elon Musk says SpaceX will accept the meme-inspired cryptocurrency Dogecoin as payment.

Geo-metric Energy Corporation announced “DOGE-1 Mission to the Moon” over the weekend.

However, the company is yet to disclose the mission’s financial value.

Dogecoin plummets after Musk’s SNL gig

This comes after falling Dogecoin prices following Musk’s recent SNL appearance.

The plummet came soon after Musk mentioned the meme crypto, with stocks dropping by nearly 30% to $0.5 from around $0.7.

The price then rebounded from its low to around $0.57 after SNL finished.

Dogefather Musk

During his appearance, the SpaceX CEO said Dogecoin would “take over the world,” calling himself the “Dogefather.”

This comes after prices soared amid anticipation of Musk’s much-anticipated cameo during the past week.

Musk also used his SNL gig to open up about having ‘Asperger’s’.

“I’m actually making history tonight as the first person with Asperger’s [syndrome] to host SNL. Or at least the first to admit it,” he said.

Up next
Hospitality investment hinges on strong concepts, as operators weigh Victoria’s challenges

Building a successful hospitality business takes more than securing a prime location.

Read the story →
Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in Tech

View all →