The Dogecoin-themed satellite, DOGE-1, which was funded utilizing DOGE is getting nearer to its launch. Based on Geometric Power Company, the corporate behind the launch, it’s scheduled for takeoff on January 12, 2024, from the Kennedy Area Middle at the side of Elon Musk’s SpaceX. With lower than a month left to go for this launch, listed here are the three tokens to control for a possible rally.
Dogecoin (DOGE)
Naturally, Dogecoin comes first on this checklist given its direct connection to the launch of the satellite tv for pc. It first made the headlines in 2021 when the mission was introduced, and in contrast to different rocket launches, this mission was apparently funded totally utilizing the DOGE token. Because of this, it has turn out to be a extremely anticipated occasion, particularly amongst Dogecoin holders who see it as proof of real-world use instances.
Because the rocket is anticipated to take off in January, costs of the meme coin are anticipated to rise because the anticipation grows. Identical to the DOGE price surged in 2021 when the mission was first introduced, one other surge is anticipated to occur following the launch.
If the launch goes as anticipated and the Dogecoin worth surges in response, then it may see the DOGE price lastly cross $0.12. Moreover, ‘Dogefather’ Elon Musk may additionally put up concerning the launch and his tweets have been recognized to ship DOGE prices hovering.
GEC Token
One other token that’s anticipated to surge because the DOGE-1 satellite tv for pc takeoff is the GEC Token. This token was issued by Geometric Power Company and is already seeing loads of assist forward of the launch. Its worth peaked at $2.79 round two weeks in the past, with its market cap rising as excessive as $30 million.
GEC is presently buying and selling at $0.74 which places its market cap at $9 million. This might show to be a singular alternative for accumulation particularly if the coin’s worth surges shifting in direction of the launch. Nonetheless, for now, curiosity within the coin stays muted as the eye of crypto buyers stays centered on a possible Bitcoin Spot ETF approval by the US Securities and Exchange Commission (SEC).
DOGE worth at $0.0937 | Supply: DOGEUSD on Tradingview.com
Xi Token
The emergence and subsequent recognition of the Xi token need to do with the truth that the coin has been introduced because the official method to pay for ads on the DOGE-1 satellite. The coin is the native token of the XI Protocol which is a distributed ledger know-how solely centered on knowledge and the way they’re represented in house.
Xi token carries loads of potential main as much as and after the Dogecoin-themed DOGE-1 satellite launch as a result of it’s the solely manner advertisers will pay for adverts. With no different fee methodology accessible, it will translate to excessive demand for the tokens as advertisers purchase them up to make use of as funds.
Based on CoinMarketCap, the Xi Token worth is presently sitting at $0.008334 on the time of writing, with a market cap of $3.5 million.
