Sirwin
Sirwin

E&S (Meme-Token Edition): ELON, The Third Largest Dog-Meme Token


Hello Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area.

In this article we talk about more features of Dogelon Mars!

In the last E&S article I introduced you Dogelon Mars (ELON) and I said that is one of many dog-meme tokens inspired by Dogecoin and, more specifically, Elon Musk. The owner of Tesla and SpaceX is somewhat of a meme in the cryptocurrency world and is often seen posting information about cryptocurrencies on his Twitter account. The project is fork of Dogecoin.

If you missed it, check here

Fantasy History behind Dogelon Mars

Dogelon Mars' story is set in the year 2040 on the enchanting red beaches of Mars where he was born and lives with his family. Together, with his friends and family, they transformed their thriving colony into a technological powerhouse that would benefit all species in the cosmos.

However, this progress was not destined to go on for long, as annihilators arrive and begin their attack on the community. As a result, Dogelon Mars travels back through time and space to planet Earth, where he intends to seek safety and embark on a new journey. In the larger view of things, Dogelon realizes that to help humanity's technological growth, he must first create interplanetary money that could be used by all civilizations, while also integrating the rapidly approaching space age technology.

Eventually, with the help of his new allies, he seeks to repopulate Mars and turn it into the prosperous hub it was always meant to be. As his journey across the cosmos is about to begin, he sends a final signal to the inhabitants of Earth:

“I am Dogelon. Dogelon Mars. Join me and together we will reach for the stars.”

Advantages and Risks of Dogelon Mars?

- Advantages: Supported by the strong community that is particularly active. You can buy it on Uniswap. Daily Traded Volume quite good, around $2,5 million in this moment.
- Risks: New cryptocurrency, “meme-token”, unclear future goals, no idea where it may go.

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ELON Token

As for the ELON token, the maximum supply is set at 1,000,000,000,000 coins. Half of the Dogelon (ELON) token supply has been burned to Ethereum co-founder Vitalik Buterin, as happened with the Shiba Inu token, while the other 50% has been locked in a liquidity pool on Uniswap. As of today, there are approximately 557,528,013,986,286 ELONs in circulation.

The limited supply of tokens makes ELON more attractive, in addition to the fact that the community is to date very active. This could make it worthwhile to invest in ELON, although this may only be a temporary and particularly risky phenomenon.

Meme-Tokens: parody, scam or revolution?

Many consider these coin memes to be speculative bubbles with nothing to offer and predict a very short life. On the other side we find staunch supporters and nurtured communities.

Who is right? Are these simply jokes, if not outright scams to enrich a few? Or is this a revolution, capable of drawing the attention of the masses to the blockchain world?

What’s your POV about meme-tokens?

Let me know in a comment!

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Easy&Short. Cryptocurrencies made accessible
Easy&Short. Cryptocurrencies made accessible

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