The price of Dogecoin (DOGE) has fallen back down to earth by 8% in the wake of Elon Musk’s SpaceX Starship rocket exploding in mid air.
Yesterday saw the liftoff of the SpaceX Starship, from a site in Boca Chica in Texas, self-destruct seconds after launching when it went off course.
At the time of writing on 21 April, DOGE was trading at $0.08426 – a drop of 8.10% in the past 24 hours, according to data from CoinMarketCap. The memecoin and Elon Musk’s coin of choice had been trading at highs of $0.09438 earlier this week before yesterday’s failure to launch. DOGE is currently down 88.58% from its all-time high two years ago on 8 May when it reached $0.7376.
Dogecoin is the eight biggest crypto on the market with a cap of $11 billion and a circulating supply of 139,027,386,384.
The ‘Dogefather’s takeover of Twitter exactly a year ago has had hodlers preaching #dogecointothemoon ever since.
Just not this time.