ETH breaks an all-time high of $4,000, and SpaceX will send a satellite paid for in DOGE to the Moon

After breaking the $4,000 mark, ETH began to fall

Yesterday, May 10, the price of Ethereum surpassed the historical mark of $4,192, according to Coinmarketcap. In 24 hours, the cryptocurrency grew by 5%, and its capitalization reached $460 billion. However, on May 11, the cryptocurrency rate dropped to $3,965.

In a month, the price of ETH has doubled. According to CoinGecko, the cryptocurrency market share has increased to 18.3%. Ethereum has risen in price from $3,000 to $ 4,000 in a week.

After the second most popular cryptocurrency broke the $3,000 mark, its creator Vitalik Buterin became a billionaire. His fortune is estimated at $1.5 billion.

Elon Musk’s SpaceX will send a satellite paid-for in DOGE to the Moon

SpaceX, founded by Elon Musk, plans to launch a satellite to the Moon, which will be paid for by DOGE. The launch is scheduled for the first quarter of next year.

“SpaceX launching satellite Doge-1 to the moon next year. Mission paid for in Doge,” Musk wrote on Twitter.

Geometric Energy Corporation, which owns the satellite, has confirmed that the launch of Doge-1 to the moon will be 100% funded by Dogecoin.

“By formally paying Doge for a deal of this magnitude, Geometric Energy Corporation and SpaceX have strengthened Doge as the currency of account for their lunar space business,” said GEC Chief Executive Officer Samuel Reid.