In response to Elon Musk’s tweet on the Watergate scandal, the Elongate cryptocurrency initiative was born. It has grown into a large and active group of people in the tens of thousands who want to harness the popularity of internet memes to draw attention to the issue of global hunger and find solutions to it.
The original idea for Elongate came from a popular tweet from our favorite bitcoin pioneering millionaire. Since its inception, the ELONGATE community has grown to include over 25,000 individuals. A worldwide epidemic in 2021 pushed the globe into an exponential adoption of digital efforts in the fight against the pandemic.
When ELONGATE (ELONGATE) was introduced, it was intended to be a unifying force. Since then, over 400,000 investors from all over the world have joined the cause. They have given over $3.7 million to good organizations in a little over a year, demonstrating the power of a united effort.
The Project is connected to an NFT marketplace where 80% of the proceeds will be donated to good causes. Elongate is a platform for creating a community around memes and doing good via the collective action of its users.
Elongate originated as a meme when a tweet from our favorite bitcoin pioneering billionaire went viral. Following our launch, a vibrant community of over 25,000 individuals has emerged and is continuing to expand. Due to the global epidemic that year (2021), digital activities were embraced with exponential growth.
Elongate’s mission is to turn our opportunity for introspection into good deeds that can help make the world better. Since Elongate is based on the token economy, CSR has been included in the very fabric of the company.
Because of this, many people have come together to support us, including multi-channel influencers, private investors eager to help out their favorite causes, and even the New York Times, which asked for letters of support.
No evidence suggests Elon Musk is behind the Elongate Crypto Project. Thus, it is common knowledge that Elon Musk is a die-hard supporter of the bitcoin market. Contrary to what you may have read elsewhere, Elon Musk is in no way associated with the Elongate Crypto project, as evidenced by the whitepaper for the Elongate Token.
ELONGATE (ELONGATE): Details
Elon Musk’s remark sparked the creation of Elongate Crypto, a joke coin implemented on the BSC blockchain. Whether or not Elon Musk is behind the Elongate crypto project remains unclear.
It’s time to start working on tomorrow’s technology now. These fields, which range from the financial to the entertainment to the interpersonal, profit off people by exploiting their psychological weaknesses. They are at the forefront of the new social change, in which value is returned to its creators, profit is fused with purpose, and money is distributed to those who can best put it to use.
ELONGATE is a Binance Energy Token (BET), which runs on the Binance Smart Chain and may eventually have access to ERC-20 and other blockchain networks through gateways currently in development. A standard currency on the Binance smart chain, BEP-20 is supported by the Binance ecosystem. With blockchain technology as its foundation, ELONGATE aims to be a game-changer in the social impact network space. By bringing together local initiatives with blockchain technology, the platform hopes to foster the growth of a widespread network capable of upending the status quo and creating money that is inextricably tied to positive social effects.
Many different products are part of the ELONGATE network, all of which help the platform have a good social impact and bring about positive change in the world. Some include the SPARK system, the Crypto Lightning Exchange, and similar offerings. SPARK is a social media network based on DeFi that incentivizes users to share material that can positively impact society. With Salesforce integration and enterprise wallet management, Crypto Lightning Exchange enables businesses to seamlessly incorporate bitcoin transfers into their existing workflows.
According to the whitepaper, the Gnosis Safe Multisig platform is deployed by the network to further secure the ELONGATE token pool. One smart contract wallet is the Gnosis Safe Multisig, which requires a certain amount of signatories to complete a transaction.
There is an EG symbol for ELONGATE in the local language. EG will be the future of philanthropy and is already starting a social media revolution in the DeFi sector. To ensure the security and confidentiality of the ELONGATE network, the first token liquidity pool was locked away in DxSale’s DeFi Launch Certified Liquidity Locker. The digital assets held by a smart contract are known as liquidity pools.
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ELONGATE utilizes LP (liquidity pool) pulls to generate capital to positively affect social effects. However, many additional channels are available for philanthropic giving and awareness raising. More specifically, ELONGATE sells goods and apparel to end users without intermediaries. After paying for basic expenses, 80% of the leftover funds are donated to good causes. The network founded the Blockchain Alliance for Global Good to unite blockchain and cryptocurrency companies and promote lasting social change through joint projects.
ELONGATE (ELONGATE): Valuation
Tokenized as ELONGATE (EG) on the Binance Smart Chain, this coin fuels a global social impact movement. Holders are rewarded, and substantial sums are donated to charitable causes through a 10% transaction fee. To completely transform the social impact sector on the blockchain, the ELONGATE team is constructing a social impact ecosystem.
Salesforce Crypto Lightening Exchange
Wallet management is completely non-custodial and platform-native, built on top of the most popular customer relationship management platform in the world, Salesforce. The wallet management dashboard allows for streamlined control of your organization’s on-chain cryptocurrency wallets and rapid deployment of new DEFI use cases.
Burn Party
Chainlink Keepers is compatible with Binance’s Smart Chain and Ethereum’s mainnet versions of Burn Party, a decentralized multi-chain token burn platform. Chainlink Keepers are utilized by this program to automate the conclusion of a Token Burn Party and the distribution of all committed tokens swiftly and cheaply to the official registered dead wallet of a project. So, after a burn party concludes successfully, the community can be sure that the committed tokens will be transmitted to the dead wallet without any further involvement from the Burn Party platform or any other third party. A meal is provided through ShareTheMeal, or a food drive is held utilizing ELONGATE’s extensive network of volunteers for each successful burn party that results in a token burn.
EG Swap
Convert Binance Coin, Bitcoin US Dollar, and other supported partner tokens into EG tokens instantly. Users worldwide may use their credit cards to buy BNB on the platform and then convert their BNB to EG tokens in two easy steps. Accessible on a computer’s desktop and adapted for usage on a mobile device such as an Android or iPhone.
Gator Gang NFT
In addition to a multiplier for future Spark in-app revenue and early access and testing of future tech items, the EG NFT collection grants holders access to unique Discord roles, badges, and channels.
There will only ever be one quadrillion Elongate coin, and they were launched on the Binance Smart Chain as a BEP20 asset. DxSale, a decentralized cross-chain token management platform as a service, conducted a pre-sale campaign for the novel Elongate token, which was created for charity purposes. Moreover, DxSale’s DeFiLaunch Certified Liquidity Locker protects the first liquidity pool of Elongate tokens, reassuring our investor community of their safety.
If you want to trade BEP-20 tokens, you may do so on PancakeSwap, a decentralized exchange (DEX) based on the Binance Smart Chain. PancakeSwap is allowing our users to trade in their BNB for Elongate in preparation for the IPO. Keeping a practical mindset, Elongate will soon be traded on major markets.
On March 25, 2021, one quadrillion ELONGATE tokens were released for use by the public. A total of 412 trillion tokens were destroyed at the time of creation, and more than 24 trillion have been destroyed since then. Once a week, the team permanently destroys tokens.
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For Retail Investors
Recently, Non-Fungible Tokens (NFTs) have been all the rage. In a nutshell, NFTs are blockchain-tokenized works of multimedia art. Since Elongate’s start, we’ve been working to build out their community NFT Launchpad as an integral part of their offering.
Tokenizing multimedia works of art and allowing its community to trade and control these assets is made possible via the Elongate NFT Launchpad, a platform exchange based on the Elongate ecosystem.
This makes the Elongate token practical and redeemable. Charity is fully integrated into the Elongate crypto-collectible platform, as with other Elongate services.
Our NFT Launchpad team is pleased to announce that 80% of all revenues will be donated to various charity causes.
Support for BNB and Elongate in our NFT Launchpad means cheaper gas prices for the whole community. NFT holders inside the Elongate ecosystem are eligible for NFT periodic giveaways, a value-added feature indicating the earning component of their token that reflects their 3 principles.
This allows members of the Elongate Token NFT community to acquire NFTs with varying degrees of scarcity, all of which are supported by a predetermined supply and distribution mechanism.
Core Values
Charity
We have the power to change the world for the better, not just for ourselves. Giving to charity helps us remember that we are responsible for improving the world.
Community
We’re proud to have a purpose created by and for our neighbors. We enjoy ourselves while helping one another and other groups.
Clarity
Each group member is committed to being open and honest with their peers and the larger community. We work together well and have a unified goal.
Sustainability
There is a bright future ahead, and we can welcome it. We are dedicated to a long-term goal and think about the broader implications of our actions.
The 10% tax on all transactions supports the earn mechanism of Elongate. Token holders receive 5% of this tax in proportion to their token holdings. This mechanism incentivizes Elongate’s holder community to help make the project viable. The following is an expansion on this:
1.5% of the tax is transferred to our community of holders according to the number of Elongate tokens they possess.
The remaining 5% is contributed to the PancakeSwap Liquidity Pool in the form of liquidity provider tokens (LP). Once every two weeks, 60% of all newly acquired LP tokens will be withdrawn from circulation.
How To Buy & Store
ELONGATE may be found on the Binance mainnet as of right now. 0x2A9718defF471f3Bb91FA0ECEAB14154F150a385 is the ELONGATE token address. Be wary of buying any tokens that use a separate smart contract (as this can be easily faked). Please be aware of the risks and take necessary precautions throughout the launch. Please don’t let your excitement overwhelm you.
You are responsible for ensuring that you have sufficient BNB in your wallet to cover any costs that may arise from a purchase.
To trade cryptocurrencies, you must first acquire some. The most popular choices are Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Binance Coin (BNB).
Few well-known cryptocurrency markets see substantial daily trade volumes and serve a large user base. This will make it so you can sell your coins for a cheaper charge. The listing of ELONGATE on these exchanges will bring in a lot of trading activity from the users of those exchanges, providing you with excellent trading chances; therefore, it’s a good idea to sign up there as well.
ELONGATE (ELONGATE): Price History & Overview
In 2021, ELONGATE was priced at $0.00000008 on CoinMarketCap. There was an early success for the token once it was released. Three days after the announcement of the Tesla giveaway, EG reached an all-time high of $0.0000002.
The number of holders increased, with more than 150,000 holding EG in April. After Coinbase began recording the token’s price, this happened. The next day, the price of one token skyrocketed to a record $0.00000109.
The price of ELONGATE then saw a minor correction, falling to an April 28 low of $0.0000003. Despite this, it had yet another uptick the following month.
Trading for ELONGATE began on May 10 after being listed on Bitmart on May 7. On May 11, it hit a high of $0.00000088 before experiencing a significant correction.
However, despite a little optimistic trend in October alongside the larger crypto market, ELONGATE’s first correction evolved into a fall that has persisted to this day. It hit a record low of $0.0000000112 on May 12, 2022.
ELONGATE (ELONGATE): Price Prediction
Fundamental analysis is needed for long-term price forecasts of ELONGATE. The native token has a few uses in the business. The independence afforded by the internet economy is terrific. With the proliferation of decentralized applications and stable currencies, the network will soon be able to provide a variety of payment, logistics, and storage alternatives that compete with traditional methods.
If more people are interested in ELONGATE, its price might increase to around $0.00000003 by 2022. The maximum value for 2022 is $0.00000003, and the smallest value for 2022 is also $0.00000003.
ELONGATE (ELONGATE) Price Prediction for 2023-24
As a superior choice, ELONGATE will increase the price of ELONGATE throughout many communities. Whether the market is bullish or bearish makes little difference to the predictability of price changes. The cost of ELONGATE is expected to approach $0.00000004 by 2023. The most we can ask for is $0.00000005. By 2023, the average ELONGATE price may have reached about $0.00000004. Prices in the cryptocurrency market are predicted to fluctuate wildly.
As a result of the work of the network’s engineers and the community’s investors, the value of ELONGATE will rise. Because of this, the predicted price in 2024 is optimistic. Experts predicted that before 2024’s conclusion, the highest price ELONGATE will reach was $0.00000007. However, there is substantial hope for ELONGATE’s future expansion. So, depending on the market, ELONGATE’s estimated price in 2024 is between $0.00000006 and $0.00000006. Similar advertising claims that by 2024, the highest ELONGATE price will be between $0.00000006 and $0.00000007.
ELONGATE (ELONGATE) Price Prediction for 2025
Traders may be interested in ELONGATE’s current price range. If the following conditions are met, ELONGATE can achieve $0.00000011 by 2025 with significant participation from financial institutions. In 2025, it is projected to cost an average of $0.00000010, putting it in a position to outperform the current price trend. As another upward movement in the crypto market may be on the horizon between now and 2025, the price tagline is subject to change.
ELONGATE (ELONGATE) Price Prediction for 2030
The price of ELONGATE (ELONGATE) is expected to reach a level comparable to the previous all-time high by 2030. By 2030, the average cost might be below $0.00000065. In 2030, we estimate that ELONGATE’s highest possible cost might be up to $0.00000072 if all goes as planned. As is standard for cryptocurrencies, the market may drop after a prolonged bull run.
FAQs
Are ELONGATE coins worth buying?
This might be the case. ELONGATE was created as a token to generate money for organizations making a positive social effect. Also, the transaction fees are a source of passive income for the holders. However, its token has been declining for a year, so potential buyers should do their homework before purchasing.
Will ELONGATE rise in value?
This is a matter of opinion. WalletInvestor thinks the downward trend will continue, but Price Prediction anticipates a rebound soon. ELONGATE has a history of volatility; only risk capital you can afford to lose.
Is it worth it to put money into ELONGATE?
To help social impact projects, ELONGATE is developing a suite of products. NFTs and streaming services are only two examples. But it is a new venture, starting within the past year. Before buying any ELONGATE, investors should perform extensive research.