Dogelon Mars (ELON) is a dog-themed meme token designed to ride the wave of success experienced by other dog-themed tokens linked to Tesla CEO Elon Musk, such as Doge Coin (DOGE) and Shiba Inu (SHIB).
The Dogelon project is built around an animated dog that you’ll come face to face with on the token’s official website, where the dog’s story as a pioneer in colonizing Mars is detailed. Dogelon has already made it to Mars, and according to the official website, it’s just a question of time until the underlying token’s price also goes interstellar.
ELON has so far returned over 4000% since the project launched but is currently trading 62% below its all-time high. In the past, meme coins like DOGE and SHIB made people rich overnight as FOMO pushed their prices to the moon overnight. So could ELON be the new DOGE?
Before we dive into the price predictions for Dogelon, let’s get to grips with the project’s tokenomics.
What Is Dogelon Mars?
The Dogelon project is a community-focused cryptocurrency network with over 586k followers on Twitter that revolves around the ELON token. However, it is worth noting that the team behind the project is unknown, which is often a sign of a rug-pull scam.
ELON is an ERC-20 Ethereum token with a maximum supply of 1 billion, of which over 500 million are already in circulation.
As of writing, ELON has a market capitalization of $552 million, earning itself among the top 150 cryptocurrencies on the market, according to CoinGecko.
Etherscan reports that over 40% of ELON is held by a single wallet linked to the non-profit Methuselah foundation. The second biggest wallet is of an unknown origin and holds 15% of the token’s circulating supply.
|CIRCULATING SUPPLY||551,503.54B ELON|
|TOTAL SUPPLY||1,000,000,000,000,000 ELON|
|ALL TIME HIGH||$0.00003263|
Dogelon Mars Price History
ELON launched in April 2021 for around $0.000000004, and thanks to its resemblance to DOGE and SHIB, it quickly started to gain traction among crypto traders pushing its price up to $0.000002 within a month.
The sudden surge in ELON’s price following was followed by a complete collapse, and by the end of May, it was back down to where it started.
A long plateau followed the crash until October, when interest in the token again picked up, sending its price rocketing to an all-time high of $0.00000259.
Even though ELON broke its post-launch high in October, it showed no signs of stabilizing and has been in a downtrend since and, as of writing, trades at $0.000001.
Dogelon Mars Price Prediction 2022
ELON has done relatively well, considering how much the broader market has struggled in 2022. The token started the year at $0.0000009 and hasn’t dropped noticeably lower at any point.
On the 25th of April, ELON’s price experienced a short-term surge from $0.0000009 to $0.0000011.
ELON is 10% in the red in the last seven days, but it has increased by over 20% over two weeks.
Dogelon Mars Price Prediction 2023
Analysts are generally optimistic about ELON in 2023 but don’t expect it to hit an all-time high. The token is forecast to remain in the $0.000001 range, possibly moving towards $0.000002 by the end of the year.
Dogelon Mars Price Prediction 2025
Looking ahead to 2025, analysts are reasonably bullish on ELON, but again they aren’t expecting an all-time high. As a result, ELON will trade at an average price of $0.00000302 and a maximum of $0.00000332.
Dogelon Mars Price Prediction 2030
Predicting where a meme coin will be by the end of the decade is difficult for even the most seasoned trader. Still, analysts are delivering positive reports on ELON’s 2030 price forecast despite the uncertainty.
The token is expected to hit a minimum price of $0.00001798 and a maximum of $0.00002147 which would mean long-term holders would see strong returns on their investments.
Dogelon Mars Price Prediction 2050
No significant price analysts have been brave enough to predict where ELON will be by the middle of this century. However, if the bullish forecast for the token ring true beyond 2030, the ELON could find itself in the all-time high territory by 2050.
Is Dogelon Mars A Good Investment?
Like any meme coin, it’s hard to say if ELON is a good investment; however, if you believe that the hype around dog-themed tokens is far from over, then it could be a worthwhile bet.
Will Dogelon Mars Reach 1 Cent?
For now, 1 cent seems far out of the reach of this cryptocurrency, but in the long term, it is possible.
Can Dogelon Mars Coin Reach $1?
For ELON to hit $10 is a tall order, and without some sort of catalyst to drive major hype around the project, it seems very unlikely.
How To Buy Dogelon Mars With Crypto?
Swapping USDT or any other crypto for ELON through Swapzone is extremely easy and ensures that you pay minimal transaction fees by comparing 15+ exchange providers. Follow these simple steps to buy ELON with USDT:
- Select the USDT for ELON exchange page.
- Enter the total amount of USDT you are going to exchange.
- Choose the best USDT to ELON swap offer.
- Click on the Exchange button.
- Enter your wallet address to receive ELON to your wallet.
- Send your USDT deposit to the generated address.
- Wait for your USDT-ELON swap to be done.
- Finally, receive your ELON in your wallet!
How To Buy Dogelon Mars With Bitcoin: Convert BTC to ELON
Have some BTC that you want to swap to ELON fast and safe? Here is a handy instruction for you to do so: