How To Buy Dogelon Mars (ELON)?

A common question you often see on social media from crypto beginners is “Where can I buy Dogelon Mars?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Dogelon Mars (ELON)

First, you will need to open an account on a cryptocurrency exchange that supports Dogelon Mars (ELON).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Dogelon Mars (ELON) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Dogelon Mars (ELON)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Dogelon Mars (ELON) or Dogelon Mars (ELON) trading pairs. Look for the section that will allow you to buy Dogelon Mars (ELON), and enter the amount of the cryptocurrency that you want to spend for Dogelon Mars (ELON) or the amount of fiat currency that you want to spend towards buying Dogelon Mars (ELON). The exchange will then calculate the equivalent amount of Dogelon Mars (ELON) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Dogelon Mars (ELON) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

Alternative ways to buy Dogelon Mars (ELON)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

In the year 2420, the story of Dogelon Mars unfolds on the red sands of Mars, where a young Dogelon Mars is born. Living peacefully with his family, they work diligently to develop their colony into a technological hub, destined to bring prosperity to all life forms across the galaxy. However, their progress is hindered by the appearance of the Annihilators, who force Dogelon Mars to seek refuge on Earth, beginning a new chapter in his life.

Dogelon Mars believes that establishing an intergalactic currency capable of integrating with futuristic technology is essential to aiding humanity’s technological evolution. Assembling a group of friends, he plans to recolonize Mars and restore it to the prosperous hub it once was. Before embarking on his cosmic journey, he sends a final message to Earth’s inhabitants: “I am Dogelon. Dogelon Mars. Join me and together we will reach the stars.”

Built on the Ethereum blockchain using the ERC-20 token standard, Dogelon Mars possesses unique features while leveraging Ethereum’s security. One such feature is its tokenomics: 50% of the initial supply was given to Ethereum creator Vitalik Buterin, while the other 50% was locked into the Uniswap liquidity pool. Launched on April 22, 2021, through an initial DEX offering (IDO), the project aspires to create an “intergalactic currency,” although concrete plans are yet to be revealed.

Dogelon Mars’ staggering 100,000% price increase is largely attributed to its dedicated community of investors, who actively promote the project on social media platforms like Twitter and Telegram. Despite the project’s claim of being a Dogecoin fork, evidence supporting this claim is scarce. Dogelon Mars operates differently than Dogecoin and has a significantly higher maximum supply.

Although the project’s anonymous founder claims to be named Elon, no one can verify this information. Speculations suggesting Elon Musk’s involvement in the project may be an attempt to attract more investors. However, there is no concrete evidence to suggest that Elon Musk is affiliated with Dogelon Mars in any way.

Dogelon Mars Tokenomics

To promote fairness and transparency in its distribution, the Dogelon Mars (ELON) token follows a unique tokenomics structure:

• 50% of token supply burned to Vitalik Buterin as a gesture of peace.

Taking inspiration from the Shiba Inu token, half of the Dogelon Mars token supply was burned and sent to Ethereum co-founder Vitalik Buterin. This strategic move aimed to establish a fair distribution of tokens right from the beginning.

• 50% of token supply permanently locked in Uniswap liquidity pool.

The other half of the token supply was immediately allocated to the Uniswap ELON and ETH pair and then locked permanently. This action ensures that the initial liquidity cannot be removed from the Uniswap pool, eliminating any possibility of the developers drawing down the starting liquidity.

Dogelon Mars Roadmap

The Dogelon Mars project is extending its reach beyond the cryptocurrency realm, embarking on new ventures and partnerships:

1. Dogelon Mars on the NASCAR track

On November 6, Dogelon Mars will be featured on the #68 NASCAR car, which will compete in Phoenix, Arizona, showcasing the project’s commitment to raising awareness and expanding its influence.

2. Collaborating with Methuselah Foundation

Dogelon Mars has joined forces with the Methuselah Foundation, a non-profit medical charity dedicated to extending human lifespan. This collaboration heralds the project’s entry into the DeFi and NFT ecosystems.

3. Introducing the xELON token

In the coming weeks, Dogelon Mars plans to launch the xELON token, which will serve as the interplanetary currency within the ecosystem. This new token will provide utility for the ELON token in various ways.

4. Staking ELON tokens for xELON

Although no specific date has been announced for the xELON launch, the development team has revealed that ELON holders will soon have the opportunity to stake their tokens and receive xELON in return.

5. Expanding the Dogelon Mars ecosystem

The xELON token will enable holders to participate in the different aspects of the Dogelon Mars ecosystem as it grows throughout 2021, 2022, and beyond.

6. Unveiling the Dogelon Mars NFT collection

As the project approaches the launch of xELON, it has also revealed its upcoming Dogelon Mars NFT collection, further diversifying its offerings and solidifying its presence in the thriving NFT market.

Dogelon Mars development updates in 2023

Dogelon Mars (ELON) has been actively developing throughout 2023, reflecting a growing interest in meme coins within the cryptocurrency market. Here are some of the key developments and highlights for Dogelon Mars in 2023:

• Growing User Base: Dogelon Mars has achieved significant milestones in terms of its community growth. The project surpassed 100,000 holders, indicating a rapidly expanding user base.

• Market Performance: The price of ELON has seen fluctuations, typical of the volatile nature of cryptocurrencies, especially meme coins. Despite these fluctuations, Dogelon Mars has maintained a notable presence in the market.

• Expansion into DeFi and NFTs: One of the major announcements for Dogelon Mars is its venture into the world of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs). These sectors have seen tremendous growth in the crypto space, and Dogelon Mars’ entry could potentially enhance its utility and appeal.

• Staking Developments: As part of its journey into DeFi, Dogelon Mars introduced a new aspect called Xelon. This feature allows users to stake their ELON tokens to receive xELON, adding another layer of utility to the token.

• Listings and Accessibility: Dogelon Mars has been listed on various cryptocurrency platforms, including Crypto.com and OKEx. This increased accessibility makes it easier for users to trade and invest in ELON.

• Community and Social Media Presence: The project has built a significant community, with a strong presence on social media platforms like Twitter and Telegram. This community engagement is crucial for meme coins, which often rely on social media influence and community support for growth.

• Security and Network: Being an ERC-20 token on Ethereum and Polygon, ELON benefits from the security and reliability of these well-established blockchains.

• Future Potential and Market Speculations: While there is always uncertainty in the crypto market, especially with meme coins, Dogelon Mars continues to intrigue investors and traders with its unique blend of thematic elements and community-driven approach.

Official website: https://dogelonmars.com/

Best cryptocurrency wallet for dogelon mars (elon)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for dogelon mars (elon)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).