{"id":568529,"date":"2024-01-08T12:00:35","date_gmt":"2024-01-08T12:00:35","guid":{"rendered":"https:\/\/wncen.com\/?p=568529"},"modified":"2024-01-08T11:25:14","modified_gmt":"2024-01-08T11:25:14","slug":"dogecoin-to-the-moon-doge-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-to-the-moon-doge-price\/","title":{"rendered":"Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?"},"content":{"rendered":"

The highly anticipated space launch that is carrying a physical Dogecoin to the moon<\/a> has finally happened, but the DOGE price has remained stagnant. The Vulcan Centaur rocket took off earlier today with its impressive cargo with hundreds of thousands of participants dropping in.<\/p>\n

Vulcan Launch Goes Off Without A Hitch<\/h2>\n

The Vulcan Centaur rocket launch<\/a> carried out by the United Launch Alliance took off in the early hours of Monday. The rocket which carried the Peregrine Lunar Lander which is part of the NASA Commercial Luna Payload Services (CLPS) Initiative also carried other cargo, including a gold-plated DOGE coin<\/a>.<\/p>\n

Related Reading: Ethereum Giga Whales On A Historic Buying Spree \u2013 Here\u2019s How Much ETH They\u2019ve Bought<\/a><\/div>\n

This launch has been anticipated given the fact that it has been in the works for a while. However, it has not had the desired effect on the price of the meme coin which continues to struggle in the wake of the launch. Dogecoin has declined by more than 3% during the last day and is struggling to hold support above $0.075.<\/p>\n

Meanwhile, the anticipation around this event has since dissipated since it has turned out to be a ‘sell the news’ event. All eyes are now on the DOGE-1 space mission<\/a> which is the first space mission to be funded entirely in cryptocurrency. However, if the Vulcan mission is anything to go by, then the DOGE-1 space mission<\/a> could end up being a non-event as well, especially as investors\u2019 interest in the coin begins to decline.<\/p>\n

\"Dogecoin<\/p>\n

DOGE price at $0.078 | Source: DOGEUSD on Tradingview.com<\/a><\/pre>\n
Can Dogecoin Recover From Here?<\/h2>\n
Despite the lack of interest that has plagued Dogecoin over the last few days, there is seemingly a light at the end of the tunnel for the meme coin. Its trading volume has begun to recover over the last day, registering an over 60% increase during this time.<\/p>\n
This could suggest a return of interest in the meme coin especially as lower prices are giving investors an opportunity to get back into the market. From here, the DOGE price<\/a> is following the general crypto market movement and a recovery in the price of Bitcoin could trigger a ripple effect that ends up causing a surge in the DOGE price<\/a>.<\/p>\n
Related Reading: Bitcoin Spot ETF: VanEck\u2019s Head Of Research Says BlackRock Has $2 Billion In Investments Lined Up<\/a><\/div>\n
Interestingly, the Crypto Fear & Greed Index<\/a> still remains firmly in the greed territory, which suggests that investors are not discouraged from investing in cryptocurrencies. Most likely, investors are waiting for the SEC\u2019s decision on the Bitcoin Spot ETFs on Wednesday to determine the next course of action.<\/p>\n
At the time of writing, the DOGE price is trailing at $0.078 with an over 13% loss in the last week.<\/p>\n
Featured image from ABC, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The highly anticipated space launch that is carrying a physical Dogecoin to the moon has finally happened, but the DOGE price has remained stagnant. The Vulcan Centaur rocket took off earlier today with its impressive cargo with hundreds of thousands of participants dropping in. Vulcan Launch Goes Off Without A Hitch The Vulcan Centaur rocket launch carried out by the United Launch Alliance took off in the early hours of Monday. The rocket which carried the Peregrine Lunar Lander which is part of the NASA Commercial Luna Payload Services (CLPS) Initiative also carried other cargo, including a gold-plated DOGE coin. Related Reading: Ethereum Giga Whales On A Historic Buying Spree \u2013 Here\u2019s How Much ETH They\u2019ve Bought This launch has been anticipated given the fact that it has been in the works for a while. However, it has not had the desired effect on the price of the meme coin which continues to struggle in the wake of the launch. Dogecoin has declined by more than 3% during the last day and is struggling to hold support above $0.075. Meanwhile, the anticipation around this event has since dissipated since it has turned out to be a ‘sell the news’ event. All eyes are now on the DOGE-1 space mission which is the first space mission to be funded entirely in cryptocurrency. However, if the Vulcan mission is anything to go by, then the DOGE-1 space mission could end up being a non-event as well, especially as investors\u2019 interest in the coin begins to decline. DOGE price at $0.078 | Source: DOGEUSD on Tradingview.com Can Dogecoin Recover From Here? Despite the lack of interest that has plagued Dogecoin over the last few days, there is seemingly a light at the end of the tunnel for the meme coin. Its trading volume has begun to recover over the last day, registering an over 60% increase during this time. This could suggest a return of interest in the meme coin especially as lower prices are giving investors an opportunity to get back into the market. From here, the DOGE price is following the general crypto market movement and a recovery in the price of Bitcoin could trigger a ripple effect that ends up causing a surge in the DOGE price. Related Reading: Bitcoin Spot ETF: VanEck\u2019s Head Of Research Says BlackRock Has $2 Billion In Investments Lined Up Interestingly, the Crypto Fear & Greed Index still remains firmly in the greed territory, which suggests that investors are not discouraged from investing in cryptocurrencies. Most likely, investors are waiting for the SEC\u2019s decision on the Bitcoin Spot ETFs on Wednesday to determine the next course of action. At the time of writing, the DOGE price is trailing at $0.078 with an over 13% loss in the last week. Featured image from ABC, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":568536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,7,84677,1803,1804,91090,79599,79600],"class_list":["post-568529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-dogecoin","tag-dogecoin-mission","tag-dogecoin-news","tag-dogecoin-price","tag-dogecoin-space-mission","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nRocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?<\/title>\n<meta name=\"description\" content=\"The space launch that is carrying a physical Dogecoin to the moon has finally happened, but the DOGE price has remained stagnant.\" \/>\n<meta name=\"robots\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-to-the-moon-doge-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-to-the-moon-doge-price\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Small.jpeg?fit=320%2C180"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","dogecoin","dogecoin mission","dogecoin news","dogecoin price","dogecoin space mission","dogeusd","dogeusdt"],"dateCreated":"2024-01-08T12:00:35Z","datePublished":"2024-01-08T12:00:35Z","dateModified":"2024-01-08T12:00:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-to-the-moon-doge-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-to-the-moon-doge-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Dogecoin-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Dogecoin-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"dogecoin\",\"dogecoin mission\",\"dogecoin news\",\"dogecoin price\",\"dogecoin space mission\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-01-08T12:00:35Z\",\"datePublished\":\"2024-01-08T12:00:35Z\",\"dateModified\":\"2024-01-08T12:00:35Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/568529"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=568529"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/568529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/568536"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=568529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=568529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=568529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}