More

    Elon Musk May Send Five More Altcoins to the Moon, According to Crypto Trader Tyler Swope

    Popular crypto analyst Tyler Swope is conducting a deep dive into the coins that SpaceX CEO Elon Musk could catapult into space.

    Earlier this month Musk announced that SpaceX would launch a DOGE-funded mission, claiming that Dogecoin will be “the first meme in space.”

     

    In a new video, Swope shares his theories surrounding which other crypto assets may be connected to Musk’s DOGE-1 mission.

    The first asset Swope mentions is non-fungible token (NFT) and decentralized finance (DeFI) asset NFY Finance (NFY), which the influencer points out has ties to MIMIR Blockchain Solutions, a company that is working on the moon mission.

    NFY Finance is one of MIMIR’s ecosystem projects, notes Swope, and the team has been posting some space-related tweets, suggesting that they may be contributing to the DOGE-1 mission in some capacity.

    One such tweet shows an image of a child looking up at the moon and a small cube, which could be a reference to one of the cubesats, which will be headed up to space with DOGE-1.

    Swope points out that one of the main developers at MIMIR and NFTY, Coyote DOGE or not_coyotee on twitter, has been tweeting about NFY recently and has retweeted user Captain Haddock who tags a set of four crypto assets known as the Greek space tokens.

    The four Greek space tokens referenced are RHO, BETA, GAMMA and KAPPA, which Swope predicts may play a part in Musk’s moon mission as well.

    “Rho protocol.io says this about the token, ‘RHO tokens correspond to the Y-Axis location value of LED pixels. Present on the exposed surfaces and livestreamed from a satellite to be placed in LEO in June 2022,’ the exact month of the DOGE-1 mission.

    The Greek tokens are the space plaques mentioned in that press release. And then continuing on the [RHO] website, ‘These pixel’s hue (KAPPA), luminosity (GAMMA), X-Axis (BETA) and Y-Axis (RHO) locations are acquired in exchange for the aforementioned tokens.’”

    Essentially, the utility of these tokens, says Swope, is for advertising on the side of the rockets and satellites that will head into orbit when DOGE-1 takes off next summer.

    l

    Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

    Follow us on Twitter, Facebook and Telegram

    Surf The Daily Hodl Mix
     

    Check Latest News Headlines

    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Featured Image: Shutterstock/Art Furnace

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Atlantis Exchange Received 30,000,000 Advanced Bitcoin as Liquidity

    SEATTLE, WA, May 20, 2022 /24-7PressRelease/ — Atlantis Exchange is pleased to announce that a deposit of 30,000,000 Advanced Bitcoin (“aBTC”), a green cryptocurrency...

    These indicators show how the equities sell-off is influencing crypto prices to fall down

    Cryptocurrencies experienced on May 10 a large market crash, losing over 10% in a single day of most of the coins. This is the...

    Xendit Raises $300M to Grow Payments Platform

    Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million,...

    Top Cryptocurrency Prices Today, May 20: After crypto crash, Bitcoin, ETH, Solana, ADA, Polkadot, Matic rise upto 6%

    Top Cryptocurrencies of the World Prices Today in India (May 20, 2022): The global crypto market cap recovered 2.87% in the last 24 hours...

    Ethereum to Merge in August as Final Testing Begins

    The Merge is a milestone upgrade that transitions the Ethereum network consensus mechanism from proof-of-work mining to proof-of-stake (PoS). It is a significant step...

    Newsletter

    Subscribe to stay updated.