What is Dogelon Mars (ELON)?

 What is Dogelon Mars (ELON)?

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful Dogecoin coins such as Dogecoin, Shiba Inu and Floki Inu.

What is Dogelon Mars (ELON)?

Dogelon Mars is a dog-themed meme coin on Ethereum and Polygon. It follows the example of other successful Dogecoin coins such as Dogecoin, Shiba Inu and Floki Inu.

The Doglon Mars meme follows on from a number of popular themes in the coin field. Its name is a mix of Dogecoin and Elon Musk, the billionaire entrepreneur who is a vocal supporter of Doge. This indicates Mars, a spin on the famous moon meme, means that Dogelon will experience a massive upward motion. Beyond its word of mouth, Dogelon Mars has managed to build a significant community, with over 300,000 Twitter followers and over 84,000 followers on Telegram.

Who is the founder of Dogelon Mars?

As is the case with its more prominent and more established cousin, the founder of this particular dog coin is unknown. This is a somewhat common occurrence for meme coins, and investors are advised to do due diligence with lesser-known coins to avoid falling prey to malicious practices such as rag-pulls and exit scams. Furthermore, ELON has been on the market for several months, making the chances of coin scams relatively low.

What makes Dogelon Mars special?

Dogelon Mars uses a witty comic story of Dogelon as the background for its coin, the dog giving the coin its name. Dogelon "discovers the biggest mysteries of the galaxy and, with the help of his friends during his journey through the stars, tries to resettle the planet he once called home." Coin's website publishes a number of short comics that tell Dogelon about his adventures on Mars, where he meets friends and goes on adventures.

Dogelon Mars has no roadmap, but it has developed a fantasy version through its comics. After the re-colonization of Mars in 2420, Dogelon must fight for survival against the Destroyers. This hypothetical version states that once the coin is listed on all major exchanges, the price of ELON will reach "Tuesday", or, in other words, it will trade at a much higher valuation. However, "catastrophic", which can mean the volatility of the crypto markets, will be a problem that the community will have to fight.

In practice, ELON is a meme coin that has no more utility than to buy it and keep it in a wallet like MetaMask. However, given that its title (Elon Musk, Doge, Moon/Mars) has a powerful combination of several very "memorable" features, Dogelon Mars could appreciate rapidly if the overall cryptocurrency market appreciates and the coins are depreciated. remembers. Increases appetite for risk.

How many Dogelon Mars (ELON) coins are in circulation?

The total supply of ELON is 1 quadrillion. 50% of all ELON tokens have been sent to Vitalik Buterin, the founder of Ethereum, in an effort to burn the tokens and effectively remove them from circulation. This is similar to Shiba Inu's approach, although it initially disrupted the Shiba Inu token value as Vitalik decided to donate the tokens to charity. The remaining supply of ELON is permanently locked in the liquidity pool, with the current circulating supply of 553 billion ELON.

How secure is the Dogelon Mars network?

ELON is an ERC-20 token on Polygon and Ethereum, one of the most popular blockchains and a solution for many decentralized applications. Its proof-of-work consensus mechanism requires miners to mine new ether and ensures that Ethereum is one of the most secure blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

Polygon is a layer-two scaling solution for Ethereum that allows for increased transaction throughput, meaning there is no gas war on Polygon.

Can ELON reach $0.01?

Due to its artificially high supply, ELON could appreciate, but it is unlikely to reach $0.01. However, the crypto space is unpredictable.

Where can you buy Dogelon Mars (Ealon)?

ELON is available on KuCoin, UniSwap (V2), OKEx, Poloniex, Gate.io and Crypto.com exchanges.