This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The Dogecoin-funded SpaceX ‘Doge-1’ moon mission has received regulatory approval from the National Telecommunications and Information Administration (NTIA), bringing it one step closer to launch. The mission, which was announced by SpaceX’s Elon Musk in 2021, will see the DOGE-1 satellite launched aboard a SpaceX Falcon 9 rocket. However, the launch has been postponed to January 2024. This news initially caused Dogecoin to jump 5% in value, but it quickly dropped again. The network activity for Dogecoin reached an all-time high, but some crypto trackers did not confirm this finding. It is not uncommon for the value of memecoins like Dogecoin to fluctuate based on daily news or tweets from influential figures. Overall, the Doge-1 SpaceX announcement gave Dogecoin a brief moment of fame.