# What is DOGE and what is SpaceX ?
In 2002 , Elon Musk launch SpaceX , a secret American aerospace maker and supplier of distance transportation system service .
This was in - household , the commercial enterprise create the recyclable falcon 1 and falcon 9 launching fomite .
to boot , SpaceX grow the Dragon ballistic capsule , which is launch into field by a Falcon 9 skyrocket and used to redeem supply to the International Space Station ( ISS ) and retort supply to Earth .
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In March 2013 , SpaceX made chronicle when its Dragon ballistic capsule became the first commercial-grade space vehicle to tail with the ISS .
SpaceX remain to make progression toward its ultimate destination of enable human geographic expedition of Mars .
# dive into ISS
In 2002 , Elon Musk found SpaceX , a individual American aerospace maker and supplier of outer space fare armed service .
In - firm , the stage business create the recyclable Falcon 1 and Falcon 9 launching vehicle .
This was to boot , spacex bring out the dragon space vehicle , which is set in motion into orbital cavity by a falcon 9 skyrocket and used to cede supplying to the international space station ( iss ) and riposte supply to earth .
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In March 2013 , SpaceX made account when its Dragon space vehicle became the first commercial-grade space vehicle to tail with the ISS .
SpaceX proceed to make procession toward its ultimate end of enable human geographic expedition of Mars .
An on-line up-to-dateness call DOGE was establish in 2013 .
It is base on the Dogecoin blockchain , which is a branching of Litecoin .
DOGE is jazz for its sport and well-disposed biotic community , as well as its consumption of meme to advertise sentience of the coin .
The DOGE residential district has been very supportive of SpaceX and Elon Musk and has even conjure up money for various SpaceX undertaking .
The promulgation that Musk ’s SpaceX would take DOGE as defrayal for a drive to the moonlight post the terms of DOGE soar upwards .
This move could avail legitimatise cryptocurrencies and impart more mainstream acceptance
# Elon Musk ’s Historic Launch and Payment in DOGE
On May 22nd , 2021 Elon Musk ’s SpaceX successfully establish a skyrocket carry two NASA astronaut to the International Space Station .
This was a historical outcome , not only because it tick off the first clock time that human being have been launch into outer space from American stain since 2011 , but also because the defrayal for the launching was made in DOGE , a cryptocurrency that was create as a jest but has since explode in popularity .
This was this is a vast great deal for doge and could potentially be the hike that take the up-to-dateness to novel tiptop .
Before this result , DOGE had already see an inflow of stake from fame like Snoop Dogg and Gene Simmons , but this former indorsement from Musk is certain to beam its cost glide .
What take a shit this even more important is that Musk himself is a outspoken jock of DOGE , ofttimes tweet about it and even endure so far as to call it his “ fav cryptocurrency .
” With such in high spirits - visibility patronage , there ’s no singing how far DOGE could go in the come calendar month and year .
# How Will This Impact the cost of DOGE ?
When it was announce that Tesla CEO Elon Musk ’s SpaceX would be accept DOGE as defrayal for a synodic month missionary post , the damage of DOGE heave .
This is just one model of how Musk ’s influence can bear on the damage of DOGE .
If you think that Musk ’s involution with Dogecoin will keep on to increase , then it stand up to intellect that the cost of DOGE will also keep on to prove .
Of naturally , nothing is insure in the cryptocurrency human race and there are always peril need .
This was however , if you are bullish on doge , then this word is sure as shooting plus and could be a broker in help the damage give young senior high .
This was # # potential welfare to the cryptocurrency food market memory
several possible benefit could add up from elon musk ’s spacex moon missionary post being pay for in dogecoin .
First and first off , it would lift the visibility of DOGEcoin and mother a keen sight of sake and fervour in the cryptocurrency grocery store .
This could conduce to more multitude buy and using DOGEcoin , which would in play increase its economic value .
second , it would show that DOGEcoin is a workable currentness that can be used to bear for tangible - humanity good and service .
This was this could advance more patronage to set out go for dogecoin as requital , which would further increase its espousal and economic value .
last , it could aid to decriminalize cryptocurrencies in ecumenical by read that even heavy and well - establish organisation are unforced to expend them .
This could pave the way of life for full toleration and purpose of all cryptocurrencies , not just DOGEcoin .
# challenge & Risks associate with swear on Elon Musk
There are a few challenge and risk assort with rely on Elon Musk to take Dogecoin to the lunar month .
First , Musk is experience for being irregular and he has been recognize to shift his brain on project short .
This was secondly , there is always the endangerment that something could go awry with spacex ’s design , and the launching could be delay or scratch completely .
ultimately , it is deserving observe that Dogecoin is a extremely fickle cryptocurrency and its cost could dribble precipitously if Musk ’s exuberance for the undertaking ebbing .
# finishing : What Does This Mean for Bitcoin & Other Cryptocurrencies ?
In finis , Musk ’s SpaceX moon commission being pay for in DOGE is a large tidy sum for Bitcoin and other cryptocurrencies .
This was this is because it legalize cryptocurrencies as a bod of defrayment and could conduct to more business organisation bulge out accept them .
This was this would increase need for cryptocurrencies , which would in go repulse up price .
So , if you ’re hold any cryptocurrencies , this newsworthiness is estimable news program for you .
For investiture and trading hinderance Bitcoin overbold .
