Dogelon Mars is a doge-themed digital currency project which was created to emulate the success of the Dogecoin, its token is known as Elon; an Ethereum network’s ERC-20 utility token. The largest amount of ELON currently available is one quadrillion.
Inspired by the Doge coin and Elon musk; the owner of SpaceX and Tesla, Dogelon Mars has grown on these influences to become a popular meme coin.
The coin was built on a fantasy story of a character named Dogelon Mars, who was born and raised on the planet Mars. Together, he and his friends and family transformed their blossoming colony into a technological superpower that benefited all species throughout the universe.
The Annihilators, or crypto market instability, will appear, and the Dogelon Mars community will have to fight back to ensure that their token stays on Mars, i.e. continues to climb in value. The annihilators come and immediately launch an assault on the village. As a result, Dogelon Mars travels across time and space to Earth in the hopes of finding sanctuary and embarking on a new adventure.
Dogelon realizes that in order to help mankind grow technologically, he must first invent interplanetary money that can be used by all civilizations while also embracing the fast approaching era’s space-age technology. The Elon digital token comes into play here.
ELON’s price is expected to reach Mars, which is represented as the moon after it is listed on all major exchanges.
Dogelon Mars is also featured as a fictional character that appears in a comic series that is available for purchase as non-fungible tokens (NFTs).
Coin Overview and History
Dogelon Mars is one of the crypto coins with a Doge theme that debuted in 2021. It was launched on the 23th of April, 2021. The founders of this particular dog coin, like other similar coins, are unknown. This is common among meme coins, and investors are advised to conduct due diligence and research on unknown coins to avoid becoming victims of unscrupulous actions such as rug-pulls and exit scams.
The developers of Dogelon Mars define it as a global currency for everyone and everybody, as well as an interplanetary currency for space colonization. In its inception, Dogelon Mars’ founders placed 50 percent of all ELON liquidity in a Uniswap liquidity pool; about 40 Ethereum, which was valued around $100,000 at the moment, was placed in the liquidity pool. They then destroyed the liquidity provider tokens they had received, thereby preventing them from withdrawing the tokens or collecting any of Uniswap’s liquidity benefits, which would otherwise accumulate over time.
The other half was sent to Vitalik Buterin, the Ethereum creator, in his wallet. Vitalik then distributed the donated ELON to a number of DAOs and foundations, including the Methuselah Foundation, a non-profit medical organization dedicated to advancing human longevity. Through the Foundation, the Dogelon Mars community has contributed funds to send a vascular tissue science experiment to the International Space Station. Because the initial team did not keep any ELON, today’s token holders either bought them on a DEX or received them as a gift from Vitalik Buterin. This stunt followed in the footsteps of Shiba Inu.
The ELON coin is currently ranked No. 126 globally, with a market capitalization of $275,805,382.60. It is only second behind SHIB and DOGE, two meme-tokens with a significant social media following and a large network of supporters. So, if SHIB and DOGE make a huge jump, crypto researchers and experts predict that ELON will follow.
Dogelon Mars Overview
Dogelon Mars (ELON) Current Price $0.00000051
Price Change (24hrs) $0.00000001296 (up 2.62%)
24hrs Low / 24hrs High $0.0000004617 / $0.0000005001
Trading Volume (24hrs) $10,720,513.31 (up 15.41%)
Volume / Market Cap 0.03887
Market Dominance 0.02%
Market Rank #124
Dogelon Mars Market Cap $275,805,382.60 (up 0.67%)
Circulating Supply 551,484,869,720,376 ELON
Max/Total Supply 1,000,000,000,000,000 ELON
Dogelon Mars (ELON) Price Forecast
It is quite difficult to predict how high Dogelon Mars Coin may rise. Dogelon Mars must burn billions of tokens in order to rise. Dogelon Mars also requires the assistance of big whales.
On April 20, the ELON/USD exchange rate increased by 53 percent, and on April 25, it increased by 25 percent. Although the price has already fallen, it ended April 14 percent higher than it had been two weeks before. What will the cost be in the future? Let’s take a look at what the experts have predicted.
Fundamental
During the introduction of its first non-fungible token (NFT) on the OpenSea marketplace on April 25, the Dogelon Mars project had over $100 million in volume exchanged in less than 24 hours. ELON hit 50,000 holders by the middle of May 2021, when cryptocurrencies were rising.
With the creation of an xELON token and a collection of non-fungible token (NFT) characters in October, the ELON developers revealed plans to enter the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. In November, the xELON coin was created as a governance token with a DeFi earning scheme and a staking incentive.
These activities have drawn the attention of whales, or huge cryptocurrency investors. According to WhaleStats, ELON overturned Decentraland’s MANA token to become the most exchanged cryptocurrency among the top 1,000 Eth whales in November. A whale purchased 816 billion ELON tokens for $1.28 million on November 30.
How does this affect the price of the Dogelon Mars?
As cryptocurrency markets rallied, the dogelon token price rose from $0.00000005 when it launched in April 2021, to $0.00000232 on May 11, a gain of 4,540 percent. The next day, the price dropped to $0.00000056, and it remained below $0.0000001 until October.
What are the chances of Dogelon Mars surviving? Will the coin be able to launch another breakthrough, or will the price continue to decline? Let’s take a look at its technical forecast.
Technical
The Dogelon Mars cryptocurrency is expected to have a long-term bearish run, according to technical analysts like Coincodex.
However, CoinCodex’s short-term dogelon price forecast was bullish, with the currency rising 6.38 percent to $0.0000009511 by May 7.
Other analysts like Wallet Investor predicted that the dogelon mars price would rise to $0.00000173 by the end of 2022 and $0.00000285 by the end of next year, 2023. The price of the ELON coin is expected to rise in 2022 and 2025, and could average $0.00000409 by 2030 according to Digital Coin’s forecast.
Govcapital, on the other hand, also forecasts a bullish run for Dogelon Mars, predicting a climb to $0.000004 by the end of 2022.
Dogelon Mars (ELON) Price Prediction
Below is a full description of the Elon price estimates for the 2022, 2025 and 2030:
Dogelon Mars (Elon) Coin Price Prediction for 2022
The price of ELON is predicted to reach $0.0000007 by the end of the year, 2022. The average price could be around $0.0000006 by mid-year and could possibly go higher if the crypto market experiences a bullish run.
Dogelon Mars (Elon) Coin Price Prediction for 2023
The coin is expected to experience some volatility then go on a bull run in reaching $0.00000101, then continuing to climb to a maximum price of $0.00000122 by the end of the year. The estimated minimum price is $0.00000089, with an average price of $0.00000104.
Dogelon Mars (Elon) Coin Price Prediction for 2025
A targeted price of at least $0.00000188 is expected by the end of 2025, Dogelon Mars is expected to rise higher during this year and could reach a maximum trading price of $0.00000225 by the end of the year.
Dogelon Mars (Elon) Coin Price Prediction for 2030
According to current projections, Dogelon Mars will be worth at least $0.00001314 by 2030. The Dogelon Mars price could climb to $0.000016 from an average trade price of $0.000013 in 2030.
Frequently Asked Questions (FAQs)