DOGE-1 Launches as Dogecoin Price Slides Toward $0.08
Dogecoin (DOGE)
Editor:
Eugene Serbin
analyticsinsight.net reports that the DOGE-1 mission launched on September 14 from Kennedy Space Center, marking the first space mission funded entirely with Dogecoin. The 40-kilogram satellite, built by Geometric Energy Corporation, will fly as a rideshare payload aboard a SpaceX Falcon 9 to orbit the Moon. It is designed to capture lunar images, collect sensor data, and beam digital art and logos back to Earth.
The project originated in 2021 when SpaceX agreed to accept Dogecoin as payment, though it faced delays over the past two years. Despite this milestone, Dogecoin traded near USD 0.08 as wider crypto selling weighed on the market. Over the week, the token fell about 7.4%, with a market capitalization near USD 12.5 billion.
On September 15, DOGE opened near USD 0.0836 and closed around USD 0.0800, while Bitcoin fell below USD 76,000. Broader weakness was fueled by USD 450.33 million in net outflows from US spot Bitcoin ETFs and a failed CLARITY Act vote. Analyst MCO Global identifies USD 0.173 as the key level DOGE must reclaim for a sustained recovery. This threshold is far above the current price, requiring a nearly 120% increase to reach.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 17 September 2026. Not the outlet's figures.
Whalio data shows Dogecoin trading at $0.08091 with a 24-hour buy ratio of 47.5%, indicating a slight edge for sellers. The 1-hour buy ratio of 46.4% and the 4-hour ratio of 46.6% suggest that short-term buying pressure is fading compared to the daily average. Volume delta confirms this trend, with a net outflow of -$2,597,470 over 24 hours. In the last hour, the delta was -$58,985, showing continued selling pressure in the immediate term. The Cumulative Volume Delta (CVD) for the 24-hour close sits at -$973,055, reflecting that sell volume has exceeded buy volume. Net buying occurred in only 8 of the last 24 hours, highlighting a dominant selling sentiment on Binance spot.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
Compared to the preceding week, the current buy ratio of 47.5% is slightly lower than the 7-day average of 47.9%. Volume activity remains steady at 0.99x the weekly average, indicating no unusual spike in trading volume. The price has declined 6.1% over the past 8 days, with a total volume delta of -$16,949,853. This day is not unusual in terms of volume but reflects a continuation of the weekly downtrend. Only 2 of the last 7 days saw net buying, suggesting persistent bearish pressure leading into the launch.