A tweet from Elon Musk saying that his SpaceX company would accept dogecoin (DOGE-USD) to fund a lunar mission next year failed to spur the price of the cryptocurrency on Monday.

Dogecoin, which had been rallying last week as internet users tried to push the value of the coin to $1 (£0.70), was lower on the day, down 1.1% to $0.53.

The Tesla (TSLA) owner said that the satellite, dubbed Doge-1, would be the first-ever crypto in space and the “first meme in space”.

In a statement on Sunday, Geometric Energy Corporation also announced the “DOGE-1 Mission to the Moon.” The Canadian company is partnering with SpaceX to send a 40-kg satellite to the moon on a Falcon 9 rocket in the first quarter of 2022.

Continues..