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SpaceX's Starship Explodes: Dogecoin's Price Takes Unexpected Turn

Published 2023-04-20, 10:09 a/m
© Reuters.  SpaceX's Starship Explodes: Dogecoin's Price Takes Unexpected Turn
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U.Today - SpaceX's Starship today, April 20, 2023, from a spaceport in Texas. After reaching an altitude of 38 kilometers, the ship went into an uncontrolled spin and exploded. Presumably, there were problems with the separation of the first stage.

The official SpaceX Twitter account confirmed the rocket crash and assured that work on Starship will continue and that the problems encountered during the separation of the first stage will be investigated.

Against the background of the event, the , the cryptocurrency associated with the founder of SpaceX, Elon Musk, fell by almost 5%. Thus, the price of Dogecoin leveled off the rebound after yesterday's correction and came back to $0.87 per DOGE, reaching $0.856 at the peak of the fall.

DOGE to USD by The importance of Starship's launch to prices was reported by U.Today yesterday. In addition to the direct connection between SpaceX and self-proclaimed "Dogefather" Elon Musk, the fact that the launch took place today is a separate significant occasion. The fact is that the 20th day of the 4th month of the year is referred to as by most meme cryptocurrency enthusiasts.

One cannot say that such a turn of events with the launch of the largest rocket in history was met with disappointment. himself, in his tweet, congratulated the SpaceX team and said that the next launch of Starship will take place in a few months. Nevertheless, the putting of a literal Dogecoin on the literal moon, promised by the eccentric billionaire two years ago, will probably have to wait.

This article was originally published on U.Today

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