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. Dogelon claims to be more than a mere meme coin, aiming to help crypto users who have been scammed.
It follows the example of other successful dog coins like Dogecoin, Shiba Inu and Floki Inu. The Ellipal Titan is one of the most advanced hardware wallets on the market. The hardware wallet is shaped like a smartphone, offering a large touchscreen display for you to easily track your cryptocurrency portfolio on.
Similar Coins to Dogelon Mars
Uniswap is working on integrating Optimism, an Ethereum scaling solution, in order to drastically reduce the trading fees. Dogelon Mars is a cryptocurrency based on Ethereum’s xcritical using the ERC-20 token standard. The ERC-20 token standard is used by most fungible tokens on Ethereum’s network, including Uniswap, xcriticallink and Aave. Ethereum’s network also secures the vast majority of non-fungible tokens on its network, using the ERC-721 token standard.
Remember to agree to their terms and choose a cryptocurrency wallet to securely store ELON, BTC, or other digital currencies. Lxcriticalg how to buy Dogelon Mars is the hard part but you still should learn how to store it and other cryptocurrencies safely. 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.
- CoinMarketCap takes a deep dive into Dogelon Mars (ELON), a dog-meme token that has taken over many of its rivals and is expected to lead the dog-coin race.
- ELON is an ERC-20 token on Polygon and Ethereum, which is one of the most popular xcriticals and the go-to solution for many decentralized applications.
- Subsequently, users are rewarded with xELON tokens to make the ecosystem stronger.
Dogelon Mars (ELON) Price Prediction and Future Outlook
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 is a Dogecoin fork aiming to replicate the success of the dog-themed meme coin DOGE.
Circulating Supply
Dogelon Mars has been created on one of the world’s most popular xcriticals – Ethereum. The token’s 50% supply was gifted to Vitalik Buterin and the rest is locked on Uniswap. As a meme coin, ELON has no functionality beyond being a medium of exchange and store of value.
This is especially the case for coins based on memes, as the value is derived by speculation and community. To mitigate risk in the crypto markets, looks for high market cap coins with strong support and fundamentals. Dogelon Mars is a dog-themed meme coin similar to popular canine cryptocurrencies, such as Dogecoin, Shiba Inu, and Floki Inu. 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. In addition to being a cryptocurrency, Dogelon Mars is also a character that stars in a comic series for sale as xcritical scam non-fungible tokens (NFTs).
Dogelon Mars (ELON) Price
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 follows the path of other popular canine cryptocurrencies, such as Dogecoin, Shiba Inu, and Floki Inu. Its name is a combination of Dogecoin and Elon Musk, billionaire entrepreneur and vocal promoter of Dogecoin on Twitter. Its name also alludes to the project’s goal to fund the colonisation of Mars and to be used as an intergalactic currency when that happens. While Metamask is the best software wallet to use with Uniswap, xcritical Wallet offers more features that make it a better overall storage solution.
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. 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. In 2021, there was word of Dogelon Mars moving into the decentralised finance (DeFi) space by launching an xELON governance token that can be earned for staking ELON. At its initial coin offering (ICO), 50% of the total ELON supply was sent to Ethereum co-founder Vitalik Buterin, while the other half was held in Uniswap. In 2021, Buterin donated all of his USD xcritical rezension ELON to the Methuselah Foundation for life extension research and longevity.