Elon musk coin release
SpaceX CEO Elon Musk announced his private space company was launching a lunar satellite mission dubbed "Doge-1" early next year that will be paid for entirely with the cryptocurrency dogecoin. The price of dogecoin, a digital currency which originally started as a joke, reacted tepidly on Monday to the Sunday evening announcement, rising by just a few percentage points. The mission will be the "1st crypto in space" and the "1st meme in space," the chief executive wrote on Twitter Sunday. The announcement was confirmed by Canada-based Geometric Energy Corporation, an energy and logistics firm that said in a separate statement that the mission will be "the first-ever commercial lunar payload in history paid entirely with DOGE" and that the launch is scheduled for the first quarter of
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Content:
- Elon Musk owns only three cryptocurrencies, and one of them is Dogecoin
- Elon Musk's Twitter Antics Prompt Launch of Risky Lorde Edge, Abide(N) Crypto Coins
- Elon Musk pumps Dogecoin with yet another tweet, token surges 25%
- Doge-Funded Elon Musk Moon Mission Creates Buzz, But Meme Coin Falls
- Dogecoin sent ‘to space’ for Elon Musk’s birthday
- WHAT IS FLOKI INU ?
- Elon Musk says Tesla merch buyable using Dogecoin
- Why Elon Musk's bitcoin U-turn caused a crypto crash
- Why Is Bitcoin Plummeting? What About My Shiba Inu Coins?
Elon Musk owns only three cryptocurrencies, and one of them is Dogecoin
The billionaire has long been a supporter of the once joke coin. Dogecoin is sinking again after the news that Tesla now accepts the cryptocurrency as payment gave it a boost. But on Monday January 17 , it lost over 6 percent of its gain. This is likely because of investors selling off their shares for a profit as they saw the coin gain.
Dogecoin is a meme coin based off another meme coin. It followed on from Shiba Inu coin, which was launched in honour of the infamous 'doge' meme of the Japanese breed. The open-source currency was created by Billy Markus and Jackson Palmer in December as a lighthearted alternative to Bitcoin.
Unlike Bitcoin, Doge has no cap on how many coins can be mined. Therefore, there's no limit to how many can be bought, sold and exchanged.
Currently, the coin is mostly used to tip creators on Reddit or Twitter to reward them for quality social media content.
Elon Musk has long been a vocal supporter of Dogecoin. The tech billionaire hinted at his plans in May last year, when the coins were experiencing a surge. He tweeted a poll asking users if they would like to see Tesla accept Dogecoin.
Shortly after this, another of Musk's companies, SpaceX, started accepting payments in Dogecoin. We send a range of newsletters each day, twice a day, on the latest news, up to the minute breaking stories, information on coronavirus, court news and the latest Newcastle United and Sunderland AFC football stories, as well as dedicated newsletters for Northumberland, County Durham, Sunderland and South Tyneside. It takes just seconds to sign up - just click on this link , enter your email address and follow the instructions.
If you change your mind you can unsubscribe using the link at the bottom of every newsletter we send out. Find us on the British Newspaper Archive here. Dogecoin still requires energy to mine, but because it is nowhere near as valuable as Bitcoin, it consumes much less. Sign up for our newsletters. In Your Area has news for the postcode you live in. By Sian Bradley. Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you.
This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info. Thank you for subscribing We have more newsletters Show me See our privacy notice. He first shared the news on December What is Dogecoin and how much is it worth?
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Elon Musk's Twitter Antics Prompt Launch of Risky Lorde Edge, Abide(N) Crypto Coins
It marks the first-ever commercial lunar payload in history to be financed entirely by dogecoin. By Adele Ankers Updated: 10 May am. Elon Musk has announced that SpaceX will launch a satellite to the moon next year, which will be funded entirely by the cryptocurrency dogecoin. Geometric Energy Corporation shared news of the "DOGE-1 Mission to the Moon" on Sunday, with the SpaceX boss confirming in a follow-up tweet that he had accepted the meme-inspired cryptocurrency as full payment for the lunar mission.
Elon Musk pumps Dogecoin with yet another tweet, token surges 25%
Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin, a cryptocurrency initially started as a joke. Mr Musk announced the development on Twitter on Friday, a month after hinting of the plans. The news sent the value of Dogecoin soaring, though it fell back later. Comments by Mr Musk have frequently moved the prices of digital currencies, including Dogecoin and Bitcoin. Dogecoin, which was started in as a parody of the cryptocurrency craze, was once obscure. An investor in the token, he has dubbed it the "people's crypto" and said his space company SpaceX would accept it as payment. During an appearance on the humour show Saturday Night Live, after getting pressed to define it, he called it "a hustle". It's not the only digital coin to receive attention from the billionaire, who has a passionate online following.
Doge-Funded Elon Musk Moon Mission Creates Buzz, But Meme Coin Falls
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Dogecoin sent ‘to space’ for Elon Musk’s birthday
Billionaire Elon Musk is a huge fan of cutting-edge technology and is usually ahead of the curve when it comes to finance, but he's not a bitcoin bull. The co-founder of Tesla Inc. In November , Musk denied rumors that he was Satoshi Nakamoto, the mysterious inventor of bitcoin. Gupta reasoned: "Elon is a self-taught polymath. The true identity of Nakamoto has never been confirmed, but there has been a steady stream of speculation about who he is ever since bitcoin quietly launched in
WHAT IS FLOKI INU ?
Elon Musk has said his rocket company SpaceX will now accept the meme-inspired cryptocurrency dogecoin as payment. In a tweet he said the commercial space exploration firm will launch the "DOGE-1 Mission to the Moon" early next year. It came as dogecoin continued to fall after the technology billionaire said on television that it was a "hustle". Last month, he tweeted that SpaceX was going to put a "literal Dogecoin on the literal moon". Canada's Geometric Energy Corporation announced the dogecoin-funded mission earlier on Sunday, although the statement did not reveal its financial value. SpaceX launching satellite Doge-1 to the moon next year — Mission paid for in Doge — 1st crypto in space — 1st meme in space To the mooooonnn!! Mr Musk's tweets in recent months have helped to turn the once-obscure digital currency, which was started as a social media joke, into the world's fourth-biggest cryptocurrency. However, dogecoin lost more than a third of its price on Sunday, after Mr Musk called it a "hustle" while he was hosting the Saturday Night Live comedy sketch television show.
Elon Musk says Tesla merch buyable using Dogecoin
SpaceX CEO Elon Musk found another way to keep the moonlight shining on himself by announcing Sunday plans for his space-venturing company to launch a lunar satellite next year paid for entirely by the memetic cryptocurrency called Dogecoin. The company is collaborating with SpaceX to launch a pound cube satellite, known as the DOGE-1, as a rideshare on board a Falcon 9 rocket. Musk also personally made the announcement over his Twitter account a day after his appearance as guest host of Saturday Night Live. Geometric did not release the details on how much Dogecoin it would spend on the cubesat.
Why Elon Musk's bitcoin U-turn caused a crypto crash
RELATED VIDEO: 🔴Urgent Elon Musk New Coin Launch ? - 2470% 24h Profit - Latest Price Prediction - New Coin Pump ?Musk recently said he is working with Dogecoin developers to 'improve system transaction efficiency' Dogecoin consumes 0. Cryptocurrency markets have been leaping and treading over Tesla Inc. Bitcoin recently suffered a huge dent in its rally after Musk stepped up his criticism of the currency as environmentally unsustainable. In an exchange, the user asked why is the Tesla CEO not creating his own cryptocurrency that matches all his requirements. This means that Musk is currently pinning all his hopes on the currency which was originally created as a joke between two engineers. Dogecoin consumes 0.
Why Is Bitcoin Plummeting? What About My Shiba Inu Coins?
We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. The news: Musk said on Twitter Friday morning that Tesla merchandise can be purchased with Dogecoin, the meme-based cryptocurrency that went viral in Flashback: Musk has made headlines about Dogecoin by praising the cryptocurrency. He once released a poll that asked if Tesla should accept Dogecoin for people to buy Tesla products. There were more than 3. The meme-based cryptocurrency relies on social media hype and discussion to earn value, as I wrote for the Deseret News.
Camila Domonoske. Musk tweeted on Wednesday that Tesla would no longer accept cryptocurrency Bitcoin for car purchases. Months after Tesla embraced Bitcoin, CEO Elon Musk said on Wednesday the auto maker would no longer accept the cryptocurrency for car purchases due to its environmental impact.
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