Dogecoin has inspired a number of dog-meme tokens since its launch. Dogelon Mars is one of them.
Elon Musk, the owner of Tesla, who has pronounced himself as the father of Dogecoin, by posting regularly about crypto on his Twitter account, has inspired the creation of these types of mem-tokens by
The native token of the Dogelon Mars is called ELON. Even this Elon Musk has nothing to do with this token development; they seem to tie together. Dogecoin was a joke that made a noticeable profit for those how have invested in it; more people are looking for the same opportunity in the crypto market nowadays. If you want to try something new and look for another basket for your eggs, you should continue reading. In the following, we will break this token down and make a solid picture of how it works for you.
What is Dogelon Mars?
To put it simply, one can say that Dogelon Mars is a product of Dogecoin, Dogecoin’s fans, and Elon musk.
As you might read on the Dogelon Mars website, this token is a fork of Dogecoin. And if you are thinking about how it should be a province, you should know that it is not Dog Elon, but it should be pronounced Dog-a-lon. It is the capital of Mars.
Dogelon Mars is an Erc-20 token based on Ethereum, and it is fungible on Etherum, Uniswap, Chainlink, and Aave’s network.
The supply of this token is much more than Doge, so it is less scarce. Interestingly, the founder announces that his name is Elon. However, he doesn’t confirm that he is Elon Musk. It is unlikely for Elon Musk to create a cryptocurrency and not announce it.
How does Dogelon Mars work?
The Dogelon Mars was created in April 2021. It was first trading at $0.000000002, and the initial maximum supply is one quadrillion tokens.
Like the Shiba Inu, the founder of this token sent half of hits supply to Vitalik Butenit, the founder of Etheruem, and the other half were locked in Uniswap’s decentralized exchange.
So the developer team does not have any control over the token price.
This token has been launched on the Ethereum blockchain so that it might experience price appreciation.
What is the future of Dogelon Mars?
There is no white paper of roadmap in the official form resented in the website. However, there is a fantasy version of it, which claims that in 2420 the future of the planet Mars will be discussed. There will be a recolonization, and Dogelon will fight to keep alive.
It seems that the crypto market volatility will try to vanish the token, and the holders must try to fight for their tokens to keep it on the market.
