“Dogecoin to the moon” is a saying that everyone in the crypto community knows. This is usually said figuratively in relation to the DOGE Price actually increasing. But Dogecoin is now heading to the moon – literally – after the official account confirmed the former. DOGE space mission.
Strap in: Dogecoin is headed to the Moon
On Thursday, November 16, the official Dogecoin account on X (formerly Twitter, confirmed that a mission that will take place the room itself to the Moon has now been confirmed. The mission is orchestrated by Astrobotic Technology, a robotics company headquartered in Pennsylvania.
Mission details included in the post include the fact that a physical Dogecoin is included in the DHL Moonbox via ULA’s Vulcan Centaur rocket which is scheduled to take off on December 24, 2023. The DHL Moonbox is a keepsake box that carries different from the souvenirs to take to the moon.
– Dogecoin (@dogecoin) November 16, 2023
According to data from Astrobotic Technology, DHL’s Moonbox that headed to the Moon in December was filled with items from around the world, including the United States, Germany, Canada, and more. DOGE will be the first cryptocurrency to be sent to the moon, marking a milestone for the meme coin.
DOGE price surges as news spreads | Source: DOGEUSD On Tradingview.com
DOGE price is ready to double
The price of Dogecoin is already in a position where it is expected to rise. But the confirmation of the Dogecoin mission to the Moon added fuel to the fire. Following the announcement, the DOGE Price surged above $0.83 for the first time in four years.
Crypto analyst Crypto Kaleo earlier shared a Dogecoin price analysis that puts it above $0.15. According to Kaléo, DOGE is expected to move very quickly and will first reach $0.09 to $0.1, before continuing towards the target of $0.15.
Kaleo bases his analysis on the DOGE/BTC chart where he says: “I’m just looking for a touch of HTF resistance on the BTC pair around 550 sats.” This is seemingly confirmation of the rally that the crypto analyst believes could eventually push the price to $0.2.
Here is my playbook for $DOGE:
Over the next couple of weeks, Dogecoin will finally start moving.
When DOGE starts to rise, it usually moves quite quickly. I wouldn’t be surprised to see a daily here somewhere in the 9 to 10 cent range, chop it up a bit, then… pic.twitter.com/BN1AqSe8d2
– KALEO (@CryptoKaleo) November 9, 2023
Dogeocoin Daily Volume is already up more than 50% in the last day alone, suggesting a higher level of interest from investors. Once seller fatigue sets in and demand increases, DOGE could cross the $0.09 level before the end of the day.
At the time of writing, DOGE price stands at $0.0804, with gains of 7.86% over the past day. It is the 9th largest cryptocurrency on the market with a market capitalization of $11.4 billion.
Featured image of Stock Buys, chart from Tradingview.com