Set to blast off on January 12 from the Kennedy Space Center, a SpaceX rocket is gearing up for a landmark mission.
In the past week, the company-issued token GEC has surged to more than four times its previous value. Meanwhile, XI — a token reportedly used to cover advertising costs aboard the satellite — has jumped by 36%. According to blockchain analytics, these two tokens boast a combined market cap just north of $30 million and are held by over 6,000 unique owners.
Journey of the DOGE-1 Satellite
Originally unveiled in May 2021, Geometric Energy presented the DOGE-1 satellite as a payload destined for launch on a SpaceX Falcon 9 rocket, initially slated for 2022. This mission is entirely funded using dogecoin [DOGE], the canine-themed meme cryptocurrency famously championed by SpaceX CEO Elon Musk.
Since then, SpaceX has secured all necessary regulatory green lights, edging DOGE-1 closer to liftoff, as stated by Samuel Reid, founder of Geometric Energy.
DOGE-1’s upcoming voyage, powered by SpaceX, is soon to become reality — a vision brought to life by Geometric Energy Corporation (GEC).
Statistical Snapshot
On-chain records reveal that GEC and XI tokens have attracted more than 6,000 holders combined, accumulating a market capitalization exceeding $30 million. The DOGE-1 satellite payload represents not only an innovative use of meme currency but a milestone in crypto-funded space exploration.
More Dogecoin Ventures on the Horizon
DOGE-1 is just one out of two upcoming space missions linked with dogecoin scheduled over the next few months.
Earlier this December, developers from the Dogecoin community revealed plans for a physical dogecoin token to hitch a ride to the lunar surface aboard a payload organized by Astrobotic, a Pittsburgh-based company. Scheduled for launch on December 23, this mission carries 21 payloads, including contributions from various governments, corporate entities, academic institutions, and NASA’s Commercial Lunar Payload Services (CLPS) program.
Tokens at a Glance
- GEC: Token linked directly to Geometric Energy Corporation, up 400%+ in one week.
- XI: Token intended for satellite advertising payments, increased by 36% recently.
Key Players in the Mission
- Geometric Energy Corporation (GEC)
- SpaceX Falcon 9
- Dogecoin [DOGE]
- Astrobotic and NASA’s CLPS initiative
