- Before this, four Starships were launched in which all of them got destroyed.
- One more token has been launched over the Ethereum blockchain which was devoted to the spaceship.
- The Solana powered SpaceX went up by 216 % in the past day but the token tumbled down to 84.56%.
Cryptocurrency tokens like SpaceX and StarShip went up on October 14 after the latest Starship launch. The megarocket starship got a successful test flight on October 13.
As per the data from CoinMarketCap, an up-to-date crypto data provider, the price of SPACEX went up by 5824% in the last one day. The overall market capitalization of SPACEX is $80,800 and at the press time, it is currently trading at $0.012192.
At the same time, the Solana powered SpaceX went up by 216 % in the past day. The token has also tumbled down to 84.56%. The token witnessed a drastic drop and has an overall market capitalization of about $16,400.
The Starship launch
CoinGecko, a platform that tracks information about the digital currency market reveals that a NFT-game token that holds the exact name as the recently introduced megarocket, StarShip also went up by 0.9%. The current trading price of StarShip is $0.0215 and stands at an overall market capitalization of $404,251.
One more token has been launched over the Ethereum blockchain which was devoted to the spaceship. However, the price variations of the token have not been tracked by CoinMarketCap.
A report has been published by Associated Press, an American news agency which mentioned that on October 13, a 400-feet-tall Starship rocket was launched near Mexico at the time of sunrise.
The report further mentioned that the rocket made an arc over the Gulf of Mexico. Before this, four Starships were launched in which all of them got destroyed. Although, this Starship did not follow them and stood out.
Elon Musk views over the launch
The CEO and CTO of SpaceX, Elon musk took his social media account and posted over X that the starship was made with a booster. The booster will help in having a reflight within an hour after the take off.
The CEO further went on explaining that the booster comes back in 5 minutes and the time which is left is utilized in refilling the fuel and keeping the ship over the booster.
The surge of tokens has nothing to do with the CEO of the space technology company. The media popularity was the biggest reason for the surge.
Elon Musk is now well known for his involvement in the crypto industry. Although he does not own any token. He has also shown his efforts for the famous memecoin, Dogecoin by giving funds to the memecoin for its space mission but somehow it didn’t work out.
He has also influenced many traders by just posting over X and helped in receiving significant gains for many cryptocurrencies. Many scammers took advantage and introduced fake giveaways to lure the users at that time.