LUNR Stock Might Have Sunk Over 60% In Just A Month But Did You Know The ‘To The Moon’ Stock’s Trajectory Is Similar To Dogecoin?
Space exploration company Intuitive Machines Inc. (NASDAQ:LUNR) and popular meme cryptocurrency Dogecoin (CRYPTO: DOGE) may not appear to have much in common, yet both assets have shown comparable price activity over the past year.
What happened: Houston-based Intuitive Machines has garnered both positive and negative press concerning its moon landing attempts. The company’s stock has shrunk by over 60% in the last one month.
While it made history last year as the first private company to touchdown on the moon, its lunar expedition in 2025 proved to be a failure.
The LUNR stock zoomed to a two-year high in January on optimism surrounding the second-moon landing attempt but the growth curve bent dramatically after the mission faced difficulties, triggering a nearly six-month low of $6.48.
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Similarly, the widely popular Dogecoin spiked to a 42-month high of $0.46 …