Cryptocurrency News

What is Dogelon Mars Coin? A Detailed Explanation of The First “Interplanetary Cryptocurrency”

But like Dogecoin, Shiba Inu, Polkadot this coin is not a meme coin. Dogelon Mars (ELON) is getting more popular not only for its name and also for its strong ideas. Today we are going to discuss this cryptocurrency including, its current price, market cap, supply, and future price prediction.

  • This meme coin has already contributed to multiple projects since its launch.
  • He soon finds that he needs to help Earth’s technological advancement.
  • It was the perfect currency for social media communities, and they fell in love with its less-than-serious approach to the crypto market.
  • However, it remains unclear whether xELON is designed to enable decentralized governance or be used as a digital currency.

No one can predict how profitable and popular a meme coin can become since investors often shift attention to newer ones. In other words, we cannot guarantee that Dogelon Mar will be the top performer in the next bull run. When the next bullish trend comes, Bitcoin and the top altcoins are expected to move significantly.

Supported Wallets

There have been stories that Dogelon Mars belongs to Elon Musk. While the stories have positively affected its value, they are certainly not true. This coin was created as a universal currency, but what makes Dogelon Mars unique is that it will hopefully also be the first interplanetary currency used when we colonize Mars. Dogelon Mars plays on several popular themes in the meme coin space.

This is especially the case for coins based on memes, as the value is derived by speculation and community. To mitigate risk in the crypto markets, looks for high market cap coins with strong support and fundamentals. Check out our table below for real-time cryptocurrency prices. The 1-cent mark is a huge milestone for many meme coins, one that Dogelon Mars is hoping to hit. However, there is significant doubt about Dogelon Mars reaching that price.

If you’re looking for something simple, cryptocurrency stocks could be a good way to go. There are, however, a few unique things that the Dogelon Mars developers have done. They aimed to create a fair currency, so they didn’t hold a presale or keep tokens themselves. In addition to being a cryptocurrency, Dogelon Mars is also a character that stars in a comic series for sale as non-fungible tokens (NFTs).

The pool is one of the top 10 locked liquidity pools on Ethereum. This meme coin has already contributed to multiple projects since its launch. More recently, NASA mentioned ELON as a contributor to scientific research on the International Space Station. The token’s top holder, Methuselah Foundation’s vision is to prolong human life through various research and experimental projects. This fits into ELON’s vision of helping humanity’s technological advancement. There’s no product offering, no benefit over other more established cryptocurrencies, and the founder seems to be impersonating Elon Musk.

What is Dogelon Mars Coin ($ELON)? Price Prediction, Market Cap, Founders, Supply

According to them, Dogelon Mars was sent back in time and landed on today’s Earth. There, he presumably began his mission to change the universe for good. To add to this, they aim to make ELON the first interplanetary cryptocurrency and honor the name of Dogelon Mars. This is a massive increase from its $29 million market cap at the beginning of the month. This can be attributed to the performance of other meme coins around this time.

Can Dogelon Mars be mined?

Once your Dogelon Mars has been mined, it will send the token to your preferred wallet of choice. They are able to circumvent this problem and show their commitment to the token because they do not have the ability to withdraw tokens or collect any of the liquidity awards offered by Uniswap. Following the completion of the transaction in which they received the tokens from the liquidity provider, they destroyed those tokens. At this point, the website primarily consists of a comic series in which Elon Musk is portrayed as a humanoid Shiba Inu. Get the latest crypto news and trading insights with CoinMarketCap Alexandria.

Where Can You Buy Dogelon Mars (ELON)?

One of the best crypto prediction sites for that is, below are their Dogelon Mars projections for 2022. If you have been in the Crypto corridors for a while, you can’t help noticing the similarity of Dogelon Mars with Doge and Elon Musk. Dogelon Mars ticker symbol, ELON, says as much about the association. The naming masterstroke captures the attention of meme coin enthusiasts. It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase.

What is Dogelon Mars (ELON)?

Dogelon Mars follows a similar coding script used by Bitcoin. Although there are claims that the CEO of the project is a person by the name of “Elon”, there has not been any verified proof to back up the claim. Since Dogelon Mars is a proof-of-stake coin, it can’t be mined.

Another portion of tokens was permanently locked in Uniswap for providing liquidity and enabling smooth transactions. There are thousands of cryptocurrencies and tokens that use the same logic as Bitcoin. They keep things simple and want to be used as a medium of exchange. Some of these cryptocurrencies are that have been around for years now are Dogecoin and Bitcoin Cash. Today, we have thousands of tokens that aim to do the same thing – and one of them is Dogelon Mars Coin. The token will let users participate in future developments of the project.

A threat to his home causes his parents to send him back in time to a random location. He soon finds that he needs to help Earth’s technological advancement. His first goal is to create an interplanetary currency, ELON. The other half of the tokens were sent to Uniswap’s DEX to provide liquidity for traders. This way, the market can decide the price of Dogelon Mars without any influence from the team itself.