
Dogelon Mars will maintain an occasion in Hong Kong as a part of the Web3Festival. The occasion is scheduled for April 7th from 10:00 to 12:00 UTC and is a part of the competition’s actions.
ELON Data
Dogelon Mars, denoted by the token ELON, is a canine-themed meme coin working on the Ethereum and Polygon networks. This digital asset, impressed by the success of comparable tokens like Dogecoin and Shiba Inu, combines well-liked facets of the meme coin market, together with references to Elon Musk and prospects of excessive value potential.
The coin operates on a playful narrative of Dogelon, a personality that provides a particular attract to the undertaking, with the story suggesting the coin’s potential “to attain Mars”, signifying a excessive value valuation. In sensible phrases, ELON serves as a meme coin that, whereas having restricted utility, could be purchased and saved in wallets like Metamask. The token’s worth is anticipated to fluctuate based mostly on the general cryptocurrency market developments and the danger urge for food for meme cash.
With a complete provide of 1 quadrillion, ELON’s distribution is exclusive. Half of all tokens had been despatched to Ethereum founder Vitalik Buterin to burn and successfully scale back their circulation. The remainder of the availability stays locked in the liquidity pool. Dogelon Mars’ safety is rooted in its standing as an ERC-20 token on Ethereum and Polygon, two of the most well-liked and safe blockchains. Ethereum employs a PoS (Proof-of-Stake) consensus mechanism requiring validators to stake Ether to course of transactions and safe the community, whereas Polygon acts as a scalability resolution for Ethereum, permitting for higher transaction throughput and eliminating fuel wars.