After years of delays, it is finally taking place. On Sep. 16, DOGE-1, the first area mission funded completely by Dogecoin (DOGE), is set to launch from Kennedy Area Heart in Florida.
It is a real milestone for the meme coin. There’s only one drawback: the Dogecoin value is not celebrating.
Related: Bitcoin ETFs post worst day since June as CLARITY stalls
DOGE-1 mission
DOGE-1 is a compact 40-kilogram satellite tv for pc constructed by Geometric Vitality Company, flying as a rideshare payload on a SpaceX Falcon 9.
Its job is to orbit the moon, seize floor imagery and collect sensor information, and, in a nod to its meme-coin roots, beam logos and digital artwork again to Earth from a small onboard display screen.
The mission traces again to 2021, when Elon Musk’s SpaceX agreed to simply accept Dogecoin as fee, and it has slipped repeatedly over the previous two years.
Related: Elon Musk’s AI warning about the dollar is starting to come true
Musk’s love for the meme coin is well-known. In April 2019, he posted that Dogecoin “may be my fav cryptocurrency.” The meme coin’s value rallied from $0.0025 to $0.0040 inside days.
Musk’s SNL appearance in Might 2021 is the cautionary story. Whereas Dogecoin peaked at $0.7316 round the present’s broadcast when Musk known as it “a hustle,” the meme coin has by no means returned to that degree.
DOGE value motion not celebratory
For now, DOGE-1 is the most particular Musk-related catalyst Dogecoin has ever had: not a tweet, not a TV hit, however a rocket lifting off on a set day.
The Dogecoin value is not celebrating whilst satellite tv for pc funded by it heads for orbit. The meme coin has slipped moderately than surged, a muted response that matches a well-recognized sample.
Traditionally, Dogecoin’s largest strikes have are available the build-up to a Musk-linked catalyst, not on the day it arrives, with the pleasure fading simply as the second lands.
Dogecoin was trading close to $0.08 at the time of writing, down roughly 7.4% over the week, with a market cap round $12.5 billion.
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The weak spot is not DOGE-specific. The broader market fell after the U.S. Senate failed to advance the CLARITY Act yesterday, dragging the whole crypto market cap to about $2.57 trillion and pushing Bitcoin to $76,000.
Musk-linked catalysts have a sample, the value tends to run forward of the occasion, then cool as soon as it arrives.
The window earlier than a catalyst has traditionally mattered greater than the day itself. Today exams that sample in actual time.
This story was initially revealed by TheStreet on Sep 16, 2026, the place it first appeared in the MARKETS part. Add TheStreet as a Preferred Source by clicking here.
