Dogecoin's Moon Mission Is Getting Closer, DOGE-1 Gets Permission From NTIA

Physical Dogecoin will soon be brought to the moon on the DOGE-1 mission. (Photo; Doc. Bitcoinheat)

JAKARTA - Dogecoin, a cryptocurrency inspired by the Shiba Inu dog meme, has again stolen the attention of DOGE fans. The reason is, the plan to launch the DOGE-1 rocket for the mission to bring physical DOGE coins to the moon is getting closer.

The DOGE-1 mission, fully funded by the Dogecoin community, just received permission from the National Telecommunications and Information Administration (NTIA) to launch a cube satellite to the Moon via SpaceX.

The DOGE-1 mission is an ambitious project designed by Geometric Energy Corporation, a space technology company in collaboration with SpaceX, Elon Musk's space company. This mission aims to take Dogecoin into space and demonstrate the potential of this cryptocurrency as a global means of payment.

The DOGE-1 satellite will be launched in January 2024 on SpaceX's Falcon 9 rocket. This satellite will carry cameras, sensors and screens that will transmit Dogecoin images and advertisements to Earth. Apart from that, this satellite will also collect scientific data about the Moon and the outer space environment.

Permission from NTIA is one of the important conditions for launching the DOGE-1 satellite. NTIA is the US government agency responsible for regulating the use of the radio spectrum in the US. By obtaining permission from NTIA, the DOGE-1 mission can use certain radio frequencies to communicate with its satellites.

In addition to permission from NTIA, the DOGE-1 mission also requires permission from the Federal Communications Commission (FCC), the US government agency responsible for regulating space communications. The FCC will evaluate the technical, security, and environmental aspects of the DOGE-1 mission before granting authorization.

The DOGE-1 mission has full support from the Dogecoin community, which is known for its passion and solidarity. This mission also has support from Elon Musk, who often promotes Dogecoin on social media. Musk even called this mission “the first space mission funded by crypto.”

The DOGE-1 mission also had a positive impact on the price of Dogecoin, which rose 5.58% to $0.08257 (IDR 1,286.40) after the clearance announcement from NTIA. Dogecoin's market capitalization also rose 5.78% to $11,725,232,731 (IDR 183.4 trillion) and trading volume jumped 74.9% to $767,537,229 (IDR 11.9 trillion).

Additional information, Dogecoin is a cryptocurrency that was born in 2013 as a joke. However, over time, Dogecoin developed into one of the most popular cryptocurrencies in the world, ranking sixth with a market capitalization of $11.7 billion (IDR 181.8 trillion). Dogecoin has unique features, such as unlimited supply, low transaction fees, and high transaction speed.