SpaceX will launch a satellite to the Moon next year funded entirely with the cryptocurrency Dogecoin

The American company SpaceX will launch a satellite to the Moon in 2022 funded with Dogecoin, Elon Musk reported in his Twitter account.

"This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce." - said Tom Ochinero SpaceX vice president of commercial sales.

Canadian company Geometric Energy Corporation (GEC), the owner of the satellite, will send the it to the moon using SpaceX's commercial spacecraft launch program. The company also stressed that the launch of Doge-1 to the moon will be fully funded by Dogecoin. The GEC website states that the launch is scheduled for the first half of 2022.

Dogecoin is a cryptocurrency that started as a joke on Mask's twitter and later became the fourth largest cryptocurrency in the world. The rise of the cryptocurrency, named after the popular meme Shiba Inu dog, has far outstripped other potential investment opportunities., a program that monitors the performance of cryptocurrency, has grown by more than 800% over the past month, and its total market value has exceeded $ 70 billion.

In February, electric car maker Tesla announced about buying $ 1.5 billion worth of bitcoin and plans to accept cryptocurrency as payment for its cars. The announcement was seen as another major step towards widespread adoption of bitcoin and helped push the price of the cryptocurrency to a new all-time high of nearly $ 62,000.