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June 4, 2021

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

By Daily Hodl Staff

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.”

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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.

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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.’”

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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.

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Featured Image: Shutterstock/Art Furnace