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Bitcoin Will Get to the Moon Before Dogecoin Thanks to BitMEX

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Fri, 06/04/2021 - 14:33
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Alex Dovbnya
Bitcoin appears to be winning the race to the moon
Bitcoin Will Get to the Moon Before Dogecoin Thanks to BitMEX
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Cryptocurrency derivatives exchange BitMEX has announced that Pittsburgh-based Astrobotic Technology will send Bitcoin to the literal moon in the fourth quarter.

The company will mint a physical coin with a tamper-resistant hologram that will cover a Bitcoin address that contains one BTC ($36,400 at press time).

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The coin will display the Bitcoin price at the moment it is created, as well as BitMEX's logo and the name of the mission.

BitMEX CEO Alex Höptner says it is "hugely exciting" to be part of Astrobotic's future moon landing:

My day job is to help explore the potential of crypto beyond fiat currencies, so it's hugely exciting to be a part of a project to explore human space presence beyond earth. For all the talk of bitcoin going to the Moon, we're actually going to do it. We couldn't be more happy to be supporting Astrobotic's attempt to put its commercial lander on the Moon."

It is worth noting that SpaceX will send Dogecoin to the moon only in 2022, meaning that Bitcoin will get there first.

As reported by U.Today, Elon Musk's space company accepted the meme cryptocurrency last month to launch a 40-kilogram satellite called DOGE-1 on the Falcon 9 rocket.

Prior to that, the centibillionaire tweeted about sending Dogecoin to the moon on April Fool's Day.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.