Dogelon Mars (ELON) is a dog-themed meme cryptocurrency that was launched on the Ethereum network in April 2021. The coin combines elements from Dogecoin and Elon Musk's vision of colonizing Mars. It is positioned as a digital currency used primarily for trading and holding, with additional capacity for minting AI-generated NFTs.
Dogelon Mars operates as an ERC-20 token on the Ethereum blockchain, benefiting from Ethereum's transition to a Proof of Stake (PoS) consensus mechanism with the Merge. The token management and transaction execution are facilitated by smart contracts. The project also engages with the Polygon blockchain to leverage additional scalability features.
Dogelon Mars' use cases include participation in decentralized finance (DeFi) applications like staking and decentralized exchanges (DEX), where users can earn rewards and trade ELON. The coin is used in community-driven projects like NFT marketplaces and gaming platforms. Additional use cases involve facilitating low-fee microtransactions and supporting charitable donations with transparency. There is also potential for involvement in metaverse and AI-integrated applications like 'Dogelon: Land on Mars', an immersive Martian environment project.
Dogelon Mars was launched on April 23, 2021. Its history is marked by its initial token distribution strategy, where 50% of the total supply was locked in a Uniswap liquidity pool, and the other 50% was given to Vitalik Buterin, who allocated a portion to the Methuselah Foundation. Despite market fluctuations, Dogelon Mars has gained a significant following and market presence, partly due to its charitable initiatives and community engagement. The project has also implemented significant technological updates, such as moving to the Polygon network for enhanced scalability and introducing new applications like an AI-powered NFT platform.
The information presented in this comparison table is for educational purposes only and is not an investment recommendation for your personal circumstances. Past performance is not an indicator of future performance.
The data points in this table are sourced as follows: ASX200 from Google’s ASX200 index price, Gold from ABC Bullion’s website (abc bullion.com.au), and BTC from CoinGecko (coingecko.com.au). All data is recorded at 10 am AEST on the first day of each calendar month.
The Dogelon Mars price is $3.72135e-7 AUD, representing a +0.55% from the day prior.
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The trading volume of Dogelon Mars (ELON) is $10.1M AUD in the last 24hrs, representing a +0.55% from the day prior.
Dogelon Mars (ELON) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Dogelon Mars (ELON) is $200.3M AUD.
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The current circulating supply of Dogelon Mars (ELON) is 549.6T.
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