DOGE-1 Satellite Crypto Coin Explained: What It Is, How It Works, Risks

DOGE-1 Satellite Crypto Coin Explained: What It Is, How It Works, Risks
Jul, 25 2025

DOGE-1 Transaction Cost Calculator

Calculate Your DOGE-1 Purchase Cost

The DOGE-1 token has a transaction tax of 1% plus Ethereum gas fees. With the current price at $0.0002, gas fees often exceed the token's value.

Note: The calculator shows current average Ethereum gas fees (approx. $5-$10). Actual fees may vary based on network congestion.
DOGE-1 Price
$0.0002 per token
1% Transaction Tax
1%
Gas Fees
Estimated Average Gas Fee $5.00

Current Ethereum network fees vary significantly based on congestion

Total Tokens Purchased
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Transaction Tax
$0.00
High Transaction Cost!

Gas fees exceed the value of your tokens. This is common for low-value cryptocurrencies on Ethereum.

Important Note: DOGE-1 has very low liquidity ($95 daily volume), so your actual purchase may experience high slippage and failed transactions.

When you see a headline about a "DOGE‑1 Satellite" you probably picture a space‑age cryptocurrency floating around the Moon. In reality, the token called DOGE-1 is just an Ethereum‑based meme coin that borrowed the buzz of an actual lunar mission. Below we break down what the token really is, how it works on the blockchain, why it’s tied to a real satellite project, and what risks you face if you consider buying it.

What the DOGE-1 Satellite Token Actually Is

DOGE-1 Satellite (DOGE-1) token is a ERC‑20 meme cryptocurrency launched on the Ethereum network with a fixed supply of 1 billion tokens and a 1% transaction tax that funds the project’s development. It was created in 2023 to ride the wave of Dogecoin’s popularity and the media hype around the real DOGE‑1 lunar CubeSat. The token has no technical link to the satellite; its only connection is a marketing hook.

Technical Specs and Token Mechanics

The token follows the standard ERC‑20 protocol on Ethereum, meaning it inherits Ethereum’s security model and gas fee structure. Key attributes are:

  • Fixed total supply: 1 000 000 000 DOGE‑1 tokens
  • Transaction tax: 1% of each transfer, automatically routed to a development wallet
  • Smart‑contract address: 0x… (public on Etherscan)
  • No staking or governance features - it’s purely a tradeable asset

Because it lives on Ethereum, users must pay gas in ETH. With the token’s price hovering around $0.0002, gas can dwarf the value of a trade, as many community members have reported.

How It Relates to the Real DOGE‑1 Lunar Mission

The actual satellite, DOGE‑1 lunar CubeSat a 12U spacecraft funded by Dogecoin and built by Geometric Energy Corporation in partnership with SpaceX. Launched on a Falcon 9 in late 2025, it will orbit the Moon for up to two years, providing a public demonstration of crypto‑backed space projects.

Crucially, the satellite’s funding comes from Dogecoin (the original meme coin), not from the DOGE‑1 token. The token’s creators simply used the mission’s name to attract speculative investors. No revenue, data access, or utility from the satellite is tied to owning DOGE‑1.

Teen wizard reviews holographic DOGE‑1 token stats and price charts in a futuristic control room.

Market Data: Price, Volume, and Market Cap

As of October 20 2025, the token trades on Uniswap V2 a decentralized exchange on Ethereum that lists the DOGE‑1/WETH pair. Recent metrics:

  • Current price: $0.00019 - $0.00020 per token
  • 24‑hour trading volume: $95.21 (very thin liquidity)
  • Market capitalization: roughly $200,000 (based on circulating supply)
  • All‑time high: $0.01597 on 20 Dec 2023
  • All‑time low: $0.00009081 on 8 Jul 2025

These numbers show a token that peaked during the Dogecoin craze but now sits at the bottom of the market, far outside the top 5,000 cryptocurrencies.

How to Buy and Store DOGE‑1

Acquiring the token is straightforward if you already use an Ethereum wallet (MetaMask, Trust Wallet, etc.). The typical steps are:

  1. Set up or open your Ethereum wallet and fund it with enough ETH to cover gas fees.
  2. Navigate to the Uniswap V2 interface and paste the DOGE‑1 contract address.
  3. Swap ETH for DOGE‑1, keeping in mind the 1% tax will be deducted on each transfer.
  4. Store the tokens in your wallet; there is no official website or custodial service.

Because of the low liquidity, even a modest purchase (e.g., $100) can cause noticeable price slippage, and the transaction may fail if gas spikes. Users often end up paying $5‑$10 in gas for a trade worth mere cents.

Girl in a dim corridor sees a cracked DOGE‑1 coin with red warning symbols and low liquidity gauge.

Risks, Criticisms, and Red Flags

The token is widely regarded as high‑risk for several reasons:

  • CoinGecko a major cryptocurrency data aggregator that lists DOGE‑1 with a disclaimer about low activity. notes the project lacks a transparent development roadmap.
  • Misleading marketing: the name suggests a direct link to a space venture, yet the token provides no satellite‑related services.
  • Liquidity crunch: daily volume under $100 makes large orders impossible without massive slippage.
  • Gas inefficiency: paying high Ethereum fees for a token priced at fractions of a cent erodes any potential gains.
  • No community support: the Telegram group has under 300 members, and there is no official documentation, GitHub repo, or customer service.
  • Regulatory gray area: meme tokens with undefined utility can attract scrutiny from securities regulators.

In short, the token is speculative hype with almost no fundamental backing.

Quick Comparison: DOGE‑1 vs. Dogecoin vs. SpaceChain

Key differences among three crypto projects
Feature DOGE‑1 (ERC‑20) Dogecoin (Dogecoin) SpaceChain (SpaceChain)
Primary blockchain Ethereum Dogecoin (Proof‑of‑Work) Multi‑chain (Ethereum, Cosmos)
Supply 1 billion fixed Uncapped (inflationary) 1 billion fixed
Real‑world use case None - meme token Payments, tipping, charity Satellite data services via blockchain
Market cap (Oct 2025) ~$200 k ~$15 B ~$12 M
Liquidity (24 h) $95 $3 B $2 M
Connection to space projects None (only name) Funding DOGE‑1 satellite (via community) Operates its own satellite network

The table makes it clear that DOGE‑1 is a tiny speculative token, while Dogecoin enjoys broad adoption and SpaceChain actually delivers satellite‑based services.

Frequently Asked Questions

Is DOGE‑1 the same as the DOGE‑1 lunar satellite?

No. The satellite is a real CubeSat funded by Dogecoin and built by Geometric Energy Corporation with SpaceX. The DOGE‑1 token is a separate Ethereum meme coin that only uses the same name for marketing.

Where can I buy DOGE‑1?

The token is listed on Uniswap V2. You need an Ethereum‑compatible wallet and some ETH for gas.

What is the transaction tax for DOGE‑1?

Each transfer incurs a 1 % fee that is sent to the project’s development wallet.

Is there any utility or future roadmap for the token?

As of late 2025, no official roadmap, staking, or satellite‑related services have been announced. The token remains a meme‑style speculative asset.

What are the main risks of investing in DOGE‑1?

High price volatility, extremely low liquidity, high gas costs, no real utility, and potential regulatory scrutiny.

Bottom line: DOGE‑1 is a meme token that rides on the hype of an actual lunar mission without delivering any tangible benefit. If you’re drawn by the name, make sure you understand the speculative nature and the practical challenges of buying a token priced at fractions of a cent on a congested blockchain.

5 Comments

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    vonley smith

    October 21, 2025 AT 05:33

    Man, I remember when DOGE was just a joke with a dog picture. Now we got tokens named after satellites? šŸ˜… I bought $20 worth back in December '23 and just let it sit. Lost like 95%, but honestly? It was fun. Like buying a lottery ticket made of memes. If you're not gambling, you're not living - but don't go all-in. Just keep it silly.

    Also, gas fees eating your $0.0002 trades? Yeah, that’s the real joke.

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    Melodye Drake

    October 22, 2025 AT 00:25

    Oh sweet heavens, another ā€˜meme coin pretending to be a space venture’? How tragically derivative. The sheer audacity of attaching a lunar mission’s name to a token with zero utility, no roadmap, and liquidity lower than my will to care after 3 PM on a Tuesday… it’s not just bad economics, it’s an insult to the concept of innovation.

    People don’t even realize they’re funding a glorified TikTok trend. The 1% tax? Cute. Like putting a bow on a dumpster fire. And don’t get me started on the gas fees - paying $8 in ETH to buy $0.17 of a token that’s literally just a JPEG with a name? This isn’t investing, it’s performance art for the gullible.

    At least Dogecoin had charm. This? This is capitalism’s last gasp before the AI bots take over and laugh at us.

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    paul boland

    October 22, 2025 AT 13:59
    DOGE-1? LOL. šŸ˜‚šŸ˜‚šŸ˜‚ This is why America is falling apart - you people turn EVERYTHING into a crypto scam!! šŸ‡®šŸ‡Ŗ we have real problems here - like housing, healthcare, and bad tea - but YOU? You’re out here buying ā€˜satellite tokens’ with gas fees bigger than your brain! šŸ¤¦ā€ā™‚ļøšŸ’ø

    And don’t even get me started on ā€˜ERC-20’ - you think Ethereum’s some kind of magic? Nah. It’s just a blockchain full of guys in hoodies typing ā€˜decentralized’ into ChatGPT. šŸ¤–šŸ™„

    SpaceChain? Now THAT’S innovation. DOGE-1? More like DOGE-NOPE. šŸš«šŸŒ•
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    harrison houghton

    October 22, 2025 AT 15:54

    There’s a quiet tragedy here. Not in the math. Not in the market cap. But in the human condition.

    We live in an age where a name - just a name - can be weaponized to extract value from hope. The DOGE-1 satellite? A real thing. A triumph of engineering, of collective will, of daring to send something made of code and metal into the silence of space.

    And then… someone took that wonder - that fragile, beautiful spark - and slapped it on a token with no purpose, no team, no future. And people bought it. Not because they believed in space. Not because they believed in blockchain. But because they believed in the ghost of a meme.

    This isn’t finance. This is spiritual theft. We’ve turned the cosmos into a TikTok filter.

    And the saddest part? We’re still clicking ā€˜buy’.

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    DINESH YADAV

    October 23, 2025 AT 00:19
    USA always scam. DOGE-1 satellite real, but you people make fake token and call it same name? Pathetic. India never do this. We build real things - rockets, satellites, apps. You just sell dreams with zero value. Waste of time. DOGE-1 token = scam. Don’t waste money. Buy gold or crypto from real team.

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