The value of standard meme asset Dogecoin (DOGE) dipped 6% right this moment as tech billionaire Elon Musk’s SpaceX launched a take a look at rocket solely to blow up shortly after.
In accordance with a brand new report by CNBC, the take a look at launch of the corporate’s Starship rocket had a profitable begin till it blew up 4 minutes into its flight resulting from a “speedy unscheduled disassembly” based on SpaceX.
Information of the incident despatched DOGE downwards, because the meme coin is now buying and selling for $0.0855, a 7.9% drop from its 24-hour peak of $0.0929 and a 6% drop on the day general.
Musk, who instantly congratulated his workforce on the launch of the rocket, said that the corporate has “discovered loads for the following take a look at launch,” which is scheduled to occur in just a few months. Nevertheless, his tweet didn’t explicitly point out the rocket’s explosion or submit any accompanying images of it.
Musk’s tweets have impacted the worth of Dogecoin previously. Final week, the enterprise magnate responded to a meme photograph posted by a DOGE graphics designer which had an image of the chief govt in a tough hat working in what seemed to be a mine, which on the time prompted DOGE to quickly spike 5%.
In his message, the graphic designer supplied up fee in DOGE for anybody who might present proof towards the rumor that Musk as soon as owned an emerald mine.
Musk additionally chimed in, including that he would additionally pay anybody who might procure such proof 1 million DOGE, prompting the rise in DOGE.
Featured Picture: Shutterstock/Anastasiia Chystokoliana