DOGE-1 Satellite Tokens Surge Pre-SpaceX Launch: A Dogecoin Triumph

• Impending DOGE-1 Lunar Mission Fuels Surge of Space-Linked Tokens
• Rapid Appreciation of GEC and XI Tokens
• DOGE-1 - A Dogecoin Funded Space Endeavor
• Multiple Dogecoin-Related Missions on the Horizon

Impending DOGE-1 Lunar Mission Fuels Surge of Space-Linked Tokens

There has been a significant surge in the value of two tokens linked to Geometric Energy Corporation, a space logistics and energy company. This increase comes in anticipation of the company's upcoming mission to launch DOGE-1, a Dogecoin$0.091 -0.42%-themed satellite, into lunar orbit. The satellite launch is slated for January 12 and will be carried out by a SpaceX rocket launched from the Kennedy Space Center in the United States.

Rapid Appreciation of GEC and XI Tokens

The GEC token, which was issued by Geometric Energy Corporation, has seen its value quadruple in the past week. Another token named XI, reportedly utilized for payment of advertisements displayed on the satellite, has experienced a 36% rise. Together, the market capitalization of these tokens exceeds $30 million, with more than 6,000 individual holders, according to on-chain data.

DOGE-1 - A Dogecoin Funded Space Endeavor

The DOGE-1 satellite was first announced by Geometric Energy in May 2021. It will be part of the payload on a SpaceX Falcon 9 rocket initially scheduled for launch in 2022. The exciting feature of this mission is that it has been fully funded through Dogecoin (DOGE), a dog-themed cryptocurrency that has consistently received support from SpaceX founder Elon Musk.

Following the necessary regulatory approvals, the DOGE-1 satellite is now one step closer to its lunar voyage, according to Samuel Reid, the founder of Geometric Energy.

Multiple Dogecoin-Related Missions on the Horizon

DOGE-1 is not the only Dogecoin-related mission in the pipeline. Earlier this month, Dogecoin developers announced that a physical Dogecoin token might travel to the moon as part of a space payload mission planned by Astrobotic, a Pittsburg-based firm. This mission, consisting of 21 payloads from governments, companies, universities, and the NASA Commercial Lunar Payload Services (CLPS) initiative, is scheduled for December 23.

Edited by Jonathan Stoker