Dogecoin Drops 7.5% as Elon Musk’s SpaceX Loses Starship Spacecraft
Dogecoin sees a 7.50% price drop as SpaceX's Starship test flight faces unexpected termination, impacting crypto and space sectors....
- Dogecoin's market value dropped by 7.50% from $0.0857 to $0.0802.
- The drop was caused by an unexpected development from SpaceX, where they reported the loss of their Starship spacecraft during a test flight.
- SpaceX engineer John Insprucker mentioned that the automated flight termination system likely activated prematurely.
- This incident had a significant impact on both SpaceX's space exploration goals and the crypto market, leading to a sharp decline in Dogecoin's valuation.
The article discusses a negative event that caused a drop in Dogecoin's market value. The sentiment is negative due to the loss of SpaceX's Starship spacecraft and the subsequent decline in Dogecoin's valuation.