1 month ago By Blockchain Mata
A lot of meme coins have been floating around recently and we have been wondering if it is the new best thing or just a flake.
From Shiba to Doge and lots of them. Having Elon Musk- our space exploration Tesla father as a supporter of cryptocurrencies especially the meme coins keeps everyone on their toes guessing and wanting not to miss out.
In this article, we are going to be looking at the third most valuable meme coin according to Coinmarketcap as we discuss Dogelon Mars Price Prediction.
Inspired by Dogecoin and Elon Musk, the Dogelon Mars token- ELON is a meme coin created on the Ethereum blockchain, an ERC-20 token.
As with other new currencies out there, Dogelon Mars is projecting and positioning itself as the currency of the future. But notably as the first InterPlanetary currency.
Launched in early 2021, it is not hard to see how this coin gets its name from Elon and Doge naturally leaving us wondering if it will ride high on Elon’s influence while some think it is owned by the Tesla CEO.
With tokenomics very identical to that of Shiba Inu and a Shiba Inu version of Elon Musk as a logo, it takes little to wonder if Dogelon Mars plans to go exactly like Shiba Inu is going (and better).
With anonymous founders, Dogelon Mars was launched (in April 2021) with 1 quadrillion tokens and 50% was given to the founder of Ethereum- Vitalik Buterin in what was a successful publicity stunt copied from Shiba Inu (again!)
Vitalik Buterin went on to give 43% of the tokens he received to the Methuselah Foundation, a non-profit organization that aims to increase human lifespan and (the Foundation) announced that it would not be selling any tokens for at least a year.
These were all in a bid to boost investor confidence.
The second half of the total coin supply was put in a liquidity pool on Uniswap- a decentralized crypto exchange. The team also deposited 40 ETH (which was worth $100 thousand at the time) into the liquidity pool. They received LP tokens in return for being liquidity providers for Uniswap.
Also, the team went ahead to burn all the liquidity provider tokens they were given. All these prevent them from being able to withdraw the tokens deposited with Uniswap. It also stopped them from being able to collect any rewards that would accrue over time. This is just their proof to show they are not out to rug pull- a typical cryptocurrency scam where developers pump up the value of their coin, and en abandons the project after withdrawing as much of the asset as they can.
Dogelon Mars, the Humanitarian ELON coin’s community, has earned a reputation for helping victims of crypto scams. The Dogelon Mars community has made it their task to donate ELON coins to victims of cryptocurrency scams to help reduce their losses.
As of 20th October 2022- The live Dogelon Mars price today is USD 2.46e-7 with a 24-hour trading volume of USD 919,527. Dogelon Mars is down 1.71% in the last 24 hours. The current CoinMarketCap ranking is #166, with a live market cap of USD 134,907,162. Dogelon Mars has a circulating supply of 547,589,558,602,593 ELON coins and a maximum supply of 1,000,000,000,000,000 ELON coins.
Currently, the Dogelon Mars token is available to buy on KuCoin, Uniswap (V2), Gate.io, Poloniex, LBank, Uniswap (V3), ShibaSwap, XT.COM, Bitrue, OKX, MEXC, CoinTiger, and many other cryptocurrency platforms.
Dogelon Mars #01
The year 2420: Mars has been successfully re-colonized after the first galactic voyage. A young Rufus and Astrid Mars settle in for their morning pancakes as they discuss plans for the future, but little do they know of the storm that is brewing beyond the walls of their cosy colony…
Dogelon Mars #02
The sound of grinding metal, roaring flame and relentless gunfire signal the arrival of one of the galaxy’s most fearful foes: the Annihilators. The innocence of young Dogelon and the life of comfort he has known on Mars hangs by a thread, the outcome of which depends entirely on a prototype device that could change the universe forever…
Dogelon Mars #03
In a flash of an emerald light baby, Dogelon plummets from an alien sky toward the jungles of somewhere strange and distant. Fearsome predators are drawn toward the bizarre occurrence, but so too are unexpected friends.
Dogelon Mars #04
Contact is made to rendezvous with a mysterious yet familiar figure, but before baby Dogelon and his strange new friend can reach their destination, another transmission signals grave danger. The chase is on!
_ as seen on the Dogelon Mars site
Here is what some of the industry experts have to say about Dogelon Mars’s price.
CryptoNewsZ is quite bullish on the ELON crypto. The site predicts the coin will shed a zero halfway through the year but likely won’t move any further. The average price target is $0.00000195 per coin. Long term, it predicts the coin will likely trend up slightly from where it closes out this year. It set a 2024 price prediction of $0.0000033.
Wallet Investor is more bullish on Dogelon Mars than CryptoNewZ. The site predicts a one-year forecast of USD 0.00000266, predicting it will shed a zero within the next 12 months. Long term, it believes the coin will continue to grow, predicting a 2027 price target of $0.00001010 USD.
DigitalCoinPrice is less bullish. Its Dogelon Mars price prediction for 2025 stands at USD 000000843. This would mean that it would not repeat its launch success.
Price prediction stands between the last two predictions with USD 0.00000188 in 2025.
Cryptopolitan is also confident in ELON’s long-term potential. It predicts a 2022 price target of $0.00000163, believing the token will shed a zero at some point this year. By 2025, it predicts the crypto will have grown decently, to $0.00000519.
According to some, Dogelon Mars is one of the most amazing cryptocurrencies to rise this year. The ELON price prediction for 2022 anticipates a significant increase in the year’s second half, possibly reaching $0.00000037048271.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.00000034578387 in price is quite ambitious, but it is feasible shortly given anticipated collaborations and advancements. ELON is expected to have a minimum value of $0.00000029638617.
After the analysis of the prices of Dogelon Mars in previous years, it is assumed that in 2023;
The lowest value of Dogelon Mars will be about $0.00000049397695.
The highest expected Dogelon Mars price may be around $0.00000061747119.
And on average, the trading price might just be $0.00000054337465 in 2023.
If the upward trend continues until 2024, it could reach a height of $0.00000086445966.
ELON is expected to trade at an average price of $0.00000079036312 and a low of $0.00000074096543 in 2024.
Dogelon Mars token, ELON is predicted to reach and surpass its all-time high in 2025. A maximum price of $0.000001, with a minimum price of $0.0000009879539 and an average price of $0.000001.
Based on the expert predictions of the costs of Dogelon Mars by crypto experts, the following differences in ELON prices are expected in 2026;
The highest value is $0.000001 and,
The lowest value will be $0.000001
On average, it will also be traded at $0.000001.
Crypto experts are constantly analyzing the fluctuations of Dogelon Mars. Based on their predictions, the estimated average ELON price will be around $0.000002. It might drop to a minimum of $0.000001, but it still might reach $0.000002 throughout 2027.
As ELON continues to strive towards interoperability between networks to hasten interaction, the bullish trend from the previous years is expected to continue.
So the minimum trade price has been placed at $0.000002 and a yearly price close above $0.000002 in 2028.
By 2029, Dogelon Mars is expected to surpass its previous ATH values and record new price levels. The minimum price could be $0.000002 and potentially reach a maximum price value of $0.000002, averaging out at $0.000002.
Regardless of how volatile the crypto market is known to be, in 2030, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum ELON price in 2030 is predicted to be $0.000002 in the event of a bull run, with an average and minimum price level of $0.000002.
Some strategic stands have been taken by the founder(s) and the team of Dogelon Mars.
With the ticker symbol as ELON, attributed to the Tesla meme Lord who has recently proven to be a big influence in the Twitter crypto space (and outer space like Mars apparently), with just one tweet the crypto market seems to bow.
Another strategy was riding on the influence of Ethereum co-founder Vitalik Buterin by giving him 50 whooping per cent of the entire supply. Although he donated to a Foundation, this has his name is tied to the story of Dogelon Mars.
With these two and every other strategies in place. The future of Dogelon Mars seems to have a pretty good mapping as a meme coin.
So, yes, Dogelon Mars has a future. But for how long and how well, we will wait to find out.
Pheww! A cent is already a victorious lap for this meme coin holder if we ever get there.
For a dollar, let us not chase shadows yet.
The number of ELON in circulation is very large. It is unlikely to reach a significant price point in the future. Currently, users can only buy and hold ELON in a crypto wallet, there is nothing else they can do.
Ranked just below the two legendary meme coins, Shiba Inu and Dogecoin, the Elon and Mars hype seems to be working just fine for it.
Investing in cryptocurrencies is a tricky and risky business, investing in meme coins does not make it easier. It is a fact that the speed at which meme coins go up and come down is almost the same.
There is no actual use for ELON. The project’s dream of becoming an InterPlanetary currency is far-fetched, considering it is not even a planetary currency as of now.
There is no clear road map, yet. The project appears simply to be banking on the hype surrounding meme cryptocurrencies. In the absence of a public white paper listing clear goals, Dogelon Mars is a risky bet for anyone.
As long as you are fully aware that Dogelon Mars is out there to ride on hype and you invest what you can afford to lose, you should be fine.
Remember to always do your research- DYOR, as nothing in this article is financial advice.
Based on the rising popularity of cryptocurrency and Dogelon Mars, long-term investment in ELON could see the price rise to $0.000001 within the next 3 years.
The cryptocurrency is expected to rise steadily during the forecast period. According to coin analysts, digital assets have a promising future in the financial and banking sector.
However, a major hurdle to the wide adoption of this cryptocurrency lies in the proper regulation of authorities across the globe.
We would have to wait for another few years to see if the claims made by the crypto experts about Dogelon Mars, and ELON would come true or not.
The major thing in these predictions is faith and trust, which only time and consistency in performance can provide.
Thanks for going through the article, if you have any queries or feedback, please feel free to contact us via the comment box.
Check out our other price predictions here;
Axie Infinity Price Prediction