What's the reason? Dogelon Mars (ELON) rising? And Will It Continue?

There are plenty of meme currencies and dog-themed assets in the cryptocurrency market. Combining these two elements will result in Dogelon Mars, a cryptocurrency that draws elements from Dogecoin as well as the sensationalism Elon Musk creates for it. ELON has had a solid performance over the last few days and this momentum might not end just yet.

Exactly What exactly is Dogelon Mars?

As most people will not be aware of this brand new currency, a brief introduction is required. The background of Dogelon Mars can be read at your own pace, although it makes for a fun read. The most important thing people are concerned about is the tokenomics. Dogelon's supply was reduced by half and 50% of it was sent to Vitalik Buterin. Visit our website for more details about where to buy dogelon mars.

The remainder is held forever in liquidity on UniSwap. This means that users won't be able generate tokens right now, and the circulating stock is the only thing you can get. This is a straightforward solution, yet one that can make a difference for speculators and early investors. It's unclear if ELON can profit from DeFi or any other initiatives in the future.

To make it even more interesting the company provides people with an explanation of their token. The main character of their story is Dogelon Mars. This character is the one who is trying to help the advancement of technology in the human race In order to achieve this He created the ELON currency. It is considered to be an intergalactic currency that is accessible to all creatures throughout the universe.

ELON has enjoyed a solid price increase in the past 30 days, resulting in an increase of more than 3,300%. While the momentum of bullish buying appears to be slowing down a little however, there are plenty of buyers. Dogelon also exceeded the $1 billion market cap which is quite impressive.

More than 90k Holders

Dogelon Mars currencies require fair distribution. This can be difficult when the available supply is tied to Uniswap however, it is apparent that the number of owners increases. Over 90,000 unique addresses have only a small fraction of ELON or even more. This is quite remarkable considering that there were only 80,000 holders just one day ago. Find more details on how to buy dogelon mars at our website.

It's not easy to purchase the ELON

ELON isn't listed on any major exchanges. OKEx is the exception. It's listed on Crypto.com but users are unable to buy and sell due to daily transaction limits set by the platform. There are other options, including Uniswap V2 – not V3 - Poloniex as well as Gate.io as well as KuCoin. It could be that Binance or Coinbase will list ELON.

Very high volume of trading

Although it can be difficult to acquire ELON however, the volume of trading for the currency is acceptable. More than $735 million worth of Dogelon Mars changes hands every day. This is a remarkable figure for a coin that has witnessed its value increase by more than 10,000 percent since its lowest just six months ago. The possibility of it achieving figures like Shiba Inu remains unclear but it is certainly possible to achieve anything in cryptocurrency.