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Since the start of this year, meme coins have been rising rapidly. Essentially, these coins have become a source to gain wealth for the small investors with a relatively smaller amount of money. Continuing the trend, here comes the next meme coin, i.e., Dogelon Mars.
Dogelon (pronounced as Dog-a-lon) is a blending of Dogecoin and Elon Musk, or more accurately, we can say that it is a 'fork of Dogecoin’.
Talking about the goal of the coin, it seems that the goal revolves around reaching Mars. Interestingly, the Dogelon community will send the tokens to the victims of scams in the crypto space with the aim to make their trading life better.
You must be aware of the fact the 50% of the circulating supply of ELON is sent to Vitalik Buterin, Ethereum’s co-founder and the rest 50% is locked on Uniswap with Ethereum. Note that, to buy ELON, you are required to swap Ethereum with ELON on Uniswap.
The current market price of the ELON token is $0.0000005124, and it has increased by almost 2% over 24-hours.
You can buy ELON token in 7 easy steps:
The vital thing to note here is that you can only purchase ELON with Ethereum.
The network is soon to release the xELON token that is going to mark the beginning of its DeFi journey. The holders of ELON can stake ELON and receive xELON. Note that xELON tokens will offer the holders to participate in different components of the ecosystem during its expansion.
Although not much of the details are released yet, xELON will be the interplanetary currency with the ecosystem of Dogelon Mars.
Also, Dogelon Mars NFTs collections are going to unveil with the release of xELON. In the coming weeks, much more characters will join Dogelon Mars on its journey.