Dogelon Mars Phenomenon
The Dogelon Mars (Elon) cryptocurrency is a digital asset that utilizes blockchain technology. It is based on the Ethereum platform and uses the ERC20 token standard
The Dogelon Mars cryptocurrency was created in 2017 and designed to launch an “interplanetary currency”. Of course, it is a decent and even unrealistic idea. The organizers of Dogelon have yet to disclose the plans for the implementation of this idea. So far, this crypto is realized as a certain meme token with a specific “mission”.
The ELON coin is named after the already-known Dogecoin memecoin and Elon Musk, who, however, has nothing to do with this cryptocurrency. Similarly to other meme coins, the founders of Dogelon Mars are unknown. However, Elon has been on the market for some time, making the likelihood of the coin being a scam relatively low.
There is likely trivial speculation going on about Elon Musk’s fame and interest in Mars. But there is no guarantee that Elon Musk is not behind this project and due to its certain “murkiness”, investments in this crypto should be cautious.
Dogelon Mars is an offshoot (fork) of the well-known Dogecoin cryptocurrency. But unlike DOGE, Dogelon Mars has a much larger supply, so it is in surplus. The stock of Elon coins is 1 quadrillion. Some investors consider Dogelon Mars not the best investment because the project does not produce any products, has no advantages over other cryptocurrencies, and the creator of the coin either pretends to be Elon Musk or uses his name for its promotion.
In contrast to the skeptics, many enthusiasts believe that this crypto has a huge investment potential, but the lack of good promotion of the project really raises doubts.
Whether to buy Dogelon Mars depends on your risk appetite. When it comes to Dogelon Mars, everything about the project seems vague, except for the obvious ticker name – ELON. ELON has no practical application at the moment, other than its big dream of becoming an intergalactic currency in the future. For the conservative crypto investor with less risk appetite, large public blockchain projects such as Bitcoin and Ethereum may be more suitable investments.
The Price Prediction Agency estimates the price of Dogelon Mars will rise as more investors get involved in the project.
One year from now, in 2024 Dogelon Mars will be worth about $0.00000025 on average. Elon’s value in 2030 may reach a maximum of $0.00000304 at an average price of $0.00000249.
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