DOGE Day Rally: Elon Musk Readies Starship for 4/20 Takeoff

Elon Musk lights up the biggest rocket on cannabis culture day as the DOGE Army cheers the billionaire’s space adventures.

Elon Musk is looking at the Starship rocket, ready to spark up for Doge Day on 4:20.
Created by Gabor Kovacs from DailyCoin
  • Dogecoin is the day’s top gainer, with a 5% increase.
  • Elon Musk aims to launch Starship during DOGE Day.
  • The DOGE Army celebrates with light-hearted memes.

As the world celebrates international cannabis culture day, the always-optimistic DOGE Army urges Elon Musk to finally launch Starship, deemed the most powerful space rocket ever built.

History in the Making: Starship Lights Up on 4/20

The initial launch on Monday didn’t go as planned and thus was postponed to 20th April 2023. One of Musk’s most referenced numbers, 420, heavily revolves around The Dogefather’s business endeavors. 

For instance, the famous “I’m Taking Tesla private at $420” tweet gave birth to a lawsuit later dropped due to lack of evidence. Secondly, Musk proposed a $54.20 share price for Twitter in the buyout deal.

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On this year’s 420, the extravagant billionaire is lighting up the biggest rocket as DOGE basks in the limelight.

Blazing Hot DOGE – Top Gainer of the Day

Interestingly, the daily charts signal a bearish trend for most of the TOP 100 altcoins, with losses of up to 10%. However, the top dog is back on its feet with 4.20% gains in the last 24 hours, becoming the top gainer out of the major cryptocurrencies. 

At press time, the canine coin trades at $0.092092, according to CoinGecko. With significant monthly growth of 27.6%, DOGE can spark up more if the Starship launch succeeds. On top of that, crypto trader The Doge Coach sees a large breakout possibility in such a case, but it could take time to consolidate.

On the Flipside

  • The quickly emerging rival memecoin Baby Doge Coin (BABYDOGE) has an “exciting major announcement” for the community coming at 4:20 PM PST, while there’s not much movement by Dogecoin developers.

Why You Should Care

Dogecoin has one of the largest and most active communities in the cryptosphere.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.