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Its proof-of-stake consensus mechanism requires validators to stake 32 Ether to process transactions, store data and add new blocks on the Ethereum blockchain. A set of decentralized nodes validates transactions and secures the Ethereum blockchain. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. They are the best choice for those storing a lot of value or planning to hold long term.
In practice, ELON is a meme coin without much utility beyond buying it and holding it in a wallet like Metamask. Its name is a mixture of Dogecoin and Elon Musk, the billionaire entrepreneur who is an outspoken supporter of Doge. It alludes to Mars, a spin on the famous moon meme, implying that Dogelon will experience a massive upward movement.
Beyond its tongue-in-cheek name, Dogelon Mars has managed to build a significant community, with more than 300,000 Twitter followers and more than 84,000 followers on Telegram. The Elon’s Currency price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. It must be noted that the ELON token is currently ranked at #126 in the whole world with a market cap of $676,124,712. It ranks only below SHIB and DOGE – two meme-tokens that have a lot of holders and a huge social media community behind them. So, according to the crypto analysts and experts, if SHIB and DOGE make a big move, ELON is most eloc coin likely to follow. Dogelon Mars does not have a roadmap per se, but instead developed a fantasy version through its comics.
As a result, Dogelon Mars travels back through both time and space to planet Earth, where he intends to seek safety and embark on a new voyage. Dogelon Mars uses a humorous comic story of Dogelon, the dog giving the coin its name, as a background for its coin. To check Elon’s Currency’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. The story of Dogelon Mars sets in the year 2040 on the lovely red beaches of Mars where he was born and lives with his family. Together, with his friends & family, they turned their burgeoning colony into a technological powerhouse that would benefit all species in the cosmos. ELON is an ERC-20 token on Polygon and Ethereum, which is one of the most popular blockchains and the go-to solution for many decentralized applications.
The live Dogelon Mars price today is $2.16e-7 USD with a 24-hour trading volume of $4,222,194 USD. The current CoinMarketCap ranking is #378, with a live market cap of $118,737,506 USD. It has a circulating supply of 549,652,770,159,583 ELON coins and the max. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 920 exchanges.
After the re-colonization of Mars in 2420, Dogelon will have to fight for survival against the annihilators. This fantasized version suggests that once the coin is listed on all major exchanges, the price of ELON will reach “Mars,” or, in other words, it will trade at a much higher valuation. However, “annihilators,” by which the volatility of the crypto markets could be meant, will be a problem the community will have to fight against.
If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. I’m a technical author and blockchain enthusiast who has been in love with crypto since 2020. In the greater vision of things, Dogelon realizes that to help humanity’s technological growth, he first has to create interplanetary money that could be used by all civilizations while also integrating the rapidly approaching era’s space-age technology. Get the latest crypto news and trading insights with CoinMarketCap Alexandria.
It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu. Dogelon Mars has been created on one of the world’s most popular blockchains – Ethereum. The token’s 50% supply was gifted to Vitalik Buterin and the rest is locked on Uniswap.
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