Token memes are on the rise. A session does not pass so that there is not a shitcoin exploding on the market. These tokens have become the source of wealth for small traders who want to get rich quickly with a small amount of investment. One of them attracted investors a lot during his last days: Dogelon Mars.
Dogelon Mars, a combination of three words to illustrate the ambition of a project. The ” Doge Refers to the king of token memes, Dogecoin. ” Elon “To pay homage to the father of shitcoins and” March Refers to the brilliant bullish symbol of space. In reality, the idea behind the Dogelon Mars is much more interesting than the simple decryption of its three words.
Dogelon Mars: an alien lost in the crypto galaxy.
According to legend, Dogelon Mars was born in 2420 in the red sands of March where he lived peacefully with his family. Together, they worked to extend the technological prowess of their planet across the galaxy. Taken by surprise, destroyers invaded their planet and unfortunately the little Dogelon Mars took refuge on earth.
Arrived on earth, the young man disentangled himself with his friends to develop a technology which could favor the evolution of the human species but also of the entire galaxy. Above all, it is said that to connect the entire galaxy, we must develop an intergalactic currency allowing communication and exchange between species. Hence, the idea of the creation of the cryptocurrency ” Dogelon Mars (Elon) “. But the greatest dream of the little genius is to be able to reconquer Mars, his home planet.
Like Shiba Inu and other token memes, 50% of the token supply was sent to Vitalik Buterin’s address. The remaining 50% is locked in cash pools at Uniswap.
Already more 625% for Dogelon March in October
Evolution of the Dogelon Mars (ELON) price over the last 30 days
The cryptocurrency made its appearance during the month of April at a price of $ 0.000000017563. It takes advantage of the bullish phase of the market at this time to reach an ATH of $ 0.00000231 on the day of May 11. This trading day would have been historic as the intraday trading volume had exceeded $ 304 million. In addition, the market capitalization of the Dogelon Mars had reached $ 1 billion.
Since this peak, the crypto has struggled a lot before recovering. Its price dropped to its lows and got stuck for over 4 months. Dogelon Mars recovered during the month of October before the rise of token memes. According to data provided by Coingecko, Elon’s price has already risen by more than 625% during the month of October.
For this session, shitcoin saw its price increase by more than 11%. What is interesting about his performance during this session: the volume of intraday trading. The weight of crypto purchases rises to $ 173 million. This represents an intraday volume growth of 193%. Hence, the capitalization of the crypto which passes to 297 million dollars.
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