Doge Price Forecast – DOGE/USD Skyrockets, Elon Musk Polls on Twitter
Arslan Butt • 2 min read
DOGE/USD closed at $0.450460 after placing a high of $0.567000 and a low of $0.450460. Dogecoin extended its losses and dropped for the third consecutive session on Monday after its booster-in-chief Elon Musk failed to generate any new momentum for the cryptocurrency. The altcoin faced pressure after Musk had a magnified audience but did not attempt to promote Dogecoin on the SNL platform. When the SNL crew asked Musk about the crypto asset, he admitted that it was a hustle, and this comment added further pressure on its price over the weekend.
On the flip side, the cryptocurrency that started out as a joke has now taken a SpaceX mission to the moon. The Geometric Energy Corporation announced that the DOGE-1 mission to the moon would be the first-ever commercial lunar payload in history paid entirely with DOGE. The mission is a collaboration between Geometric Space Corporation and SpaceX which will involve a launch of a 40kg CubeSat as a rideshare on a SpaceX Falco 9 lunar payload mission. The launch is expected to take place in early 2022..