Dogecoin had an eventful weekend, thanks to Elon Musk. - News Summed Up

Dogecoin had an eventful weekend, thanks to Elon Musk.


It was such an eventful night for the cryptocurrency that the Robinhood trading app couldn’t keep up. The crypto token is still up more than 10,000 percent in price this year. SpaceX and Geometric Energy Corporation, a Canadian technology firm, are teaming up to carry a 90-pound satellite on a Falcon 9 moon mission, according to a statement on Sunday. “Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as a unit of account for lunar business,” said G.E.C.’s chief executive, Samuel Reid. (A company representative confirmed to DealBook that the project was not a joke but declined to explain further.)


Source: New York Times May 10, 2021 12:56 UTC



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