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6 months ago

Dogecoin to the moon: Will Elon Musk make the meme come true?

April fools are very common. News media, companies, neighbours, family and friends, everybody seems to be into it. Many people are even happier once the pranking and joking stops and April 1th is finally over. In the end not everybody is as funny as they think they are. But one particular statement caught a lot of attention and while it seemed to be just another Joke there might be more to it.

In today’s article we are going to take a closer look at Elon Musks sense of humour.

Is Dogecoin going to the moon?

Via Twitter Musk referred to the very common meme that Doge is going to the moon. He tweeted on April 1th:

“SpaceX is going to put a literal Dogecoin on the literal moon”

Many people immediately understood that this was just a joke, but then again, the hype on social media got real. Tesla and SpaceX mounted a car in 2018 on a Falcon Heavy rocket and shot a Tesla Roadster into space and brought it into the orbit of the sun. This attracted media attention worldwide and caused also a controversy about the fact that a lot of resources were used and shooting cars into space isn’t exactly friendly to the environment.

The fact that Musk made this happen in the past was getting peoples hopes up that SpaceX could possibly make it happen. A spray paint of the Dogecoin emblem on one the spacecrafts launched by SpaceX would most likely suffice to make all the Doge fans happy.

Doge is performing well

Aside from Elon Musk and other celebrities creating hype on social media, Dogecoin is performing very well in the year 2021. When the first rally started many analysts felt that this is going to be a one-time thing and that the price will retrace back to the lows where DOGE started. This was very appealing, because Doge did this in past for a couple of times.

But that prediction failed completely. Dogecoin is in fact among the top 20 cryptocurrencies according to its market cap and has seen a lot of support. Maybe people just underestimated the fact that Dogecoin is community driven and a project that lasted for almost 7 long years. Not many cryptocurrencies are that resistant and, in many cases, they go down in history. It is not clear if Musk is sending a spaceship that carries a Doge wallet or maybe sets a Doge flag on the moon. But it is clear that despite the fact the Dogecoin was intended to be a mere joke it is here to stay.

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