Dogelon Mars Price

Dogelon Mars is a dog-themed meme coin similar to popular canine cryptocurrencies, such as Dogecoin, Shiba Inu, and Floki Inu. Its ticker symbol is ELON. Dogelon is a combination of Dogecoin and Elon Musk, Tesla and SpaceX owner and the famous promoter of Dogecoin on Twitter. Mars refers to the project’s goal of becoming an interplanetary currency that may be used after the colonization of Mars.

Check the Dogelon Mars (ELON) current price, ELON price change (24 hours), ELON price history, market cap, dominance, current circulating supply, total supply, max. supply, 24-hour trading volume, etc., and get updates on ELON USD price live data on CoinStats, one of the best crypto platforms around.

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What Is Dogelon Mars (ELON)? 

Dogelon Mars is a Dogecoin fork aiming to replicate the success of the dog-themed meme coin DOGE. It also intends to become the Interplanetary currency when Elon Musk’s vision of colonizing Mars comes true. Dogelon is a user-friendly, community-based crypto asset similar to leading meme-coin projects. It's available on Ethereum and Polygon networks. 

Dogelon claims to be more than a mere meme coin, aiming to help crypto users who have been scammed. The Dogelon community has garnered a reputation for helping victims of crypto scams by donating ELON coins to help reduce their losses. According to the website, Dogelon's goal is to contribute to humanity's evolution into a multi-planetary species, a galaxy-wide community based on universal freedom and peace.

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 Dogelon Mars website has published several comic strips on the adventures of the dog named Dogelon. The comic fantasy tale begins in 2440 when Mars has been recolonized after the first galactic voyage and tells about Dogelon having to overcome the dangers caused by the arrival of "the annihilators." Dogelon must travel back in time and space to the Earth and help everyone "reach the stars."

Dogelon Mars Tokens

ELON is Dogelon's native currency, and it's an Ethereum-based token with no functionality beyond being a medium of exchange and store of value. There was no token pre-sale; instead, half of ELON’s total token supply was permanently locked up in a Uniswap liquidity protocol, and the other half was sent to Vitalik Buterin to ensure fair distribution and reduce its circulating supply.

Vitalik Buterin gifted his ELON assets to multiple charities. The largest recipient of Vitalik’s ELON crypto donations was the Methuselah Foundation, a non-profit focused on ethical life extension and regenerative medical therapies. Vitalik gifted nearly half his ELON tokens (roughly $336 million at the time) to the Methuselah Foundation.

xELON is Dogelon's governance token to vote on initiatives, award treasury grants, etc. and is distributed to ELON holders who stake their tokens. Subsequently, users are rewarded with xELON tokens to make the ecosystem stronger.

You can buy Dogelon Mars on Uniswap and trade coins for other cryptocurrencies. Current ELON holders have either purchased the coin on the decentralized exchange or received them as donations from Vitalik Buterin or other ELON holders.

According to data from Coinbase, the all-time high of Dogelon Mars is $0.00000126.

You can buy ELON by registering an account on one of the following cryptocurrency exchanges - OKX , BingX, Huobi Global , KuCoin , and Gate.io. Remember to agree to their terms and choose a cryptocurrency wallet to securely store ELON, BTC, or other digital currencies.

Dogelon Mars Founders

Dogelon Mars founders are unknown and have chosen to remain anonymous similar to founders of other famous meme coins. So, investors are well-advised to do due diligence with little-known coins to avoid falling victim to malicious practices like rug-pulls and exit scams. 

Dogelon Mars creators have reinforced that their project isn’t a rug pull by burning the liquidity provider tokens. A rug pull is a typical cryptocurrency scam where developers pump up the value of their coin, then abandon the project after withdrawing as much of the asset as they can. However, ELON creators cannot commit a rug pull because when they deposited their funds into the project, they burned the tokens they received for doing so. This shows that although the Dogelon Mars founders are unknown, they have good intentions.

What Makes Dogelon Mars Unique?

Dogelon is unique and different from other meme coins in three major ways. 

Interplanetary coin: Dogelon claims to be the very first Interplanetary currency that can be used outside the planet Earth. The project taps into Elon Musk's vision of colonizing Mars and making it habitable for humans. Its immediate goal is to pay for the settlers' transport to Mars.

Comic fantasy story: Dogelon Mars has published neither a whitepaper nor a roadmap — its collateral is primarily focused on media content, such as the Dogelon comic book. The book stars the dog named Dogelon exploring the galaxy's greatest mysteries in search of recolonizing the planet he once called home with the help of the friends he made during his travel through the stars. 

The official Dogelon Mars website has published several comic strips on Dogelon’s adventures which are acquired as NFTs by users. 

Voluntary help to crypto scam victims: Dogelon claims to help victims of crypto scams. Its community has earned a reputation for helping victims of crypto scams by donating ELON coins to victims of cryptocurrency scams to help reduce their losses.

How Is the Dogelon Mars Network Secured? 

Dogelon’s native cryptocurrency ELON is an ERC-20 token built on Ethereum and Polygon blockchains. Ethereum's Proof-of-Work consensus mechanism requires miners to mine new Ether and ensures that Ethereum is one of the safest blockchains in the crypto industry. A set of decentralized nodes validates transactions and secures the Ethereum blockchain. Polygon is a Layer 2 scaling solution for Ethereum that allows for increased transaction throughput, meaning there are no gas wars on Polygon.

You're also welcome to visit our CoinStats blog to discover a broader perspective on decentralized finance and how it aims to empower people. You can also read our articles, such as What Is DeFi, explore our in-depth buying guides on various cryptocurrencies, such as How to Buy Avalanche (AVAX),  How to Buy Cryptocurrency, and learn more about wallets and exchanges, portfolio trackers, etc.