Update: January 14, 2022 – The “interplanetary currency” Dogelon Mars continues to be one of the meme coins with a lot of potential to increase in price. However, Dogelon Mars does have its red flags. Because of them, Dogelon Mars may not go as high as expected before. In the end, Dogelon Mars is very easily influenced by speculative news. This is not healthy for any project, therefore, think twice before investing in such tokens. When it comes to memecoins, the only projects that are worth investing in right now are Dogecoin and Shiba Inu. While Dogelon Mars based all of their marketing using Elon Musk’s name, Musk only supports Dogecoin.
The year 2021 has been crazy for all types of crypto projects, especially for meme-coins. In 2021, we saw the birth of SafeMoon and the huge growth of Dogecoin – two completely different crypto projects that changed the way people view cryptocurrencies. These cryptocurrency projects bragged about being community-driven, claiming that their main goal is to be directed by the community and make them happy.
After Dogecoin blew up, people became more and more interested in meme-coins. Additionally, another meme-coin inspired by Dogecoin blew up around that time. This token is Shiba Inu. Lately, Shiba Inu has even surpassed Dogecoin regarding market capitalization, entering the top 10 biggest cryptocurrencies list.
These occurrences gave birth to thousands of meme-coins such as Floki Inu, SafeMars, and Dogelon Mars. They all used similar tokenomics but their communities differed. Being started from scratch, these projects had enormous potential and most of them made early investors millionaires overnight.
Throughout this article, we will discuss one of these meme-coins – Dogelon Mars. We will do our best to explain everything simply and precisely. Moreover, at the end of the article, we will give our price prediction for ELON and present a guide on how to buy this token.
Dogelon Mars (ELON) Fundamental Analysis
Dogelon Mars joined the market by the end of April 2021 as an ERC-20 token. Similar to Shiba Inu, the founders of this token remain anonymous even though their project has been quite successful throughout the past months.
When we analyze its name, we can conclude that this token was inspired by numerous things. First of all, this project was mainly inspired by Dogecoin and Elon Musk’s shilling for it. As for the word “Mars” in its name, they have a backstory for it.
“Roughly 400 years from now, a Dogelon Mars will be born on Mars and he will begin an epic journey across the universe.”
Their website consists of a Dogelon with a pleasing background. Having such a backstory, a big community, and numerous market pairs in both centralized and decentralized exchanges make Dogelon Mars a decent project. However, when we look at its not-so-healthy tokenomics, the only thing we can conclude is that Dogelon Mars is a very risky investment as well. Therefore, please do your own research before investing in tokens that base 90% of their project by copying other projects and using influencer names.
Dogelon Mars (ELON) Price Analysis
According to CoinGecko, ELON had a price of $0.0000000078 when it first entered the market in April 2021. Only 5 days after, this token reached a trading value of $0.00000041, increasing by more than 5000% in less than a week. Its price dropped to $0.0000002 shortly after, which resulted in ELON building a support zone around the price of $0.00000015.
During the second week of May, ELON experienced extreme growth, reaching its current all-time high of $0.0000022. This left early investors with 29,900% returns. After hitting the above-mentioned price, Dogelon Mars dipped quite a lot and dwelled around a trading value of $0.000000085 for months.
By the end of September, ELON began an unexpected uptrend, reaching the price of $0.00000015 on the 7th of October 2021. The token experienced an x6 in just two weeks, trading at $0.00000068 per token on the 20th of October 2021. Only 11 days later, on October 30, ELON set a new all-time high by reaching the price of $0.0000025.
Today, ELON is trading at $0.0000012 with a trading volume of $21 million. They have a market capitalization of $687 million and a circulating supply of 555,600 billion ELON.
Crypto Academy Dogelon Mars (ELON) Price Prediction 2022
|Months||Minimum Price||Average Price||Maximum Price|
Dogelon Mars (ELON) Price Prediction January 2022: For the month of January, ELON could reach a maximum price of $0.0000048 and a minimum price of $0.0000009. However, our forecast shows ELON reaching an average trading value of $0.0000023 by the end of January 2022.
Dogelon Mars (ELON) Price Forecast February 2022: After January, February might also be fruitful for ELON’s price. Yet, the price of this token heavily depends on how the overall market performs. On a bearish note, the price of ELON may only reach $0.0000018. On a bullish note, however, ELON could end the month of February trading between $0.0000025–$0.0000040.
Dogelon Mars (ELON) Price Prediction March 2022: Our prediction shows ELON reaching a trading value of $0.0000020 in March. Because we believe this month might not be as good as the other months may be for ELON, this token could end the month trading at $0.0000010.
Dogelon Mars (ELON) Price Forecast April 2022: For April, ELON might reach a monthly high of $0.0000041 and a monthly low of $0.0000014. By the end of April 2022, ELON may have an average trading value of $0.0000028.
Dogelon Mars (ELON) Price Prediction May 2022: In May 2022, ELON could experience huge growth. This token is expected to reach a maximum price of $0.0000054, which would leave it with a minimum value of $0.0000028. ELON may end the month with a price of $0.0000039.
Dogelon Mars (ELON) Price Forecast June 2022: As for June 2022, ELON’s is likely going to dip. When summer hits, the market tends to get bearish. Therefore, our June forecast shows ELON trading at a minimum and a maximum of $0.0000011–$0.0000035, respectively.
Dogelon Mars (ELON) Price Prediction July 2022: For July, the market may continue to be down. This could influence the price of this altcoin into also staying down. The minimum price that ELON could trade during this month might be as low as $0.0000009 while the average price might be $0.0000011.
Dogelon Mars (ELON) Price Forecast August 2022: Dogelon Mars might begin to recover its price during August 2022. This could lead to ELON reaching a monthly high of $0.0000037. Our forecast shows that the average price for ELON in August is likely to be $0.0000021.
Dogelon Mars (ELON) Price Prediction September 2022: Unlike in August, Dogelon Mars may experience less volatility in the month of September. This could result in ELON having a monthly low of $0.0000010 and an average price of $0.0000020. There are indicators that the price of ELON could go as high as $0.0000033 in September.
Dogelon Mars (ELON) Price Forecast October 2022: The real fun begins in October when the market usually turns green. As for ELON, this token could reach a trading value between $0.0000015–$0.0000047 by then.
Dogelon Mars (ELON) Price Prediction November 2022: If the market is in a bull run, ELON might nearly set a new all-time yet again. In November, the price of ELON might reach a high of $0.0000062. Yet, its price could fall before the end of the month and this is likely to make the token’s price go as low as $0.0000029–$0.0000050.
Dogelon Mars (ELON) Price Forecast December 2022: ELON is likely to end the year on a high note. Although our prediction does not show ELON setting a new all-time high in October, it still hints at a bullish outcome. In December 2022, ELON may reach a maximum trading value of $0.0000061 and a minimum price of $0.0000032.
Dogelon Mars (ELON) Price Prediction 2022 Q1
The 1st of the year is known to be somewhat bullish. Each year, the cryptocurrency market usually gets greener during this period of this. This is likely to be the case this year as well. However, though, the market has grown extremely in 2021, which means that ‘bigger trucks’ are needed to move it.
If the market gets as bullish as expected, ELON could set an all-time high of $0.0000080 during this quarter. However, the crypto market cycles are slowly changing. This may lead to Dogelon Mars ending the 1st quarter of the year with a price of $0.0000020.
Dogelon Mars (ELON) Price Prediction 2022 Q2
As for the 2nd quarter of 2022, all we can say is that it is likely going to be a very volatile period of the year. By then, Dogelon Mars may be able to work more on its project, which might result in more investors. This would also affect the price of ELON.
In May, ELON’s price could experience another huge increase. This may leave ELON with a quarterly high of $0.0000054. However, if the market turns bearish, Dogelon Mars might end up trading at $0.0000011 once again this year. By the end of the quarter, ELON could be trading at $0.0000023.
Dogelon Mars (ELON) Price Prediction 2022 Q3
The 3rd quarter of 2022 may be the most “boring” quarter of the year, if I may say. Our prediction shows ELON experiencing small price movements throughout the whole quarter.
ELON’s price could reach a quarterly high of $0.0000037 in August and a quarterly low of $0.0000009 in July. This could result in ELON enting the 3rd quarter of the year 2022 with an average trading value of $0.0000021. Even though this does not seem as much, you should keep in mind that the price of Dogelon Mars is still $0.0000012.
Dogelon Mars (ELON) Price Prediction 2022 Q4
The last quarter of the year is most often the most profitable one. This was also the case with 2021 Q4. During that period of time, Bitcoin hit an all-time high of $69,00, Ethereum hit an all-time high of $4,800, and so forth. As for Dogelon Mars, this token set a new all-time high of $0.0000032.
In November, ELON could reach a price of $0.0000062 and nearly set a new all-time high. Failing to do such a thing is likely to result in panic sell and FUD. Therefore, by the end of December, which also means the end of the fourth quarter of 2022, ELON may be left with a trading value between $0.0000032-$0.0000051.
Crypto Academy Dogelon Mars (ELON) Price Prediction 2023, 2024, 2025, 2026
Dogelon Mars (ELON) Price Prediction 2023
After two years full of ups and downs, the whole market is expected to rest a bit. Since Dogelon Mars is a meme-coin, it is heavily influenced by outer factors like the market performance of bigger meme-coins or speculative news regarding itself.
On a bearish note, ELON may hit a low of $0.0000034 and a high of $0.0000041 sometime during 2023. On a bullish note, however, this token might reach a yearly low of $0.0000061 and a yearly high of $0.0000070 in 2023. As mentioned above, this is only valid if no negative speculative news regarding Dogelon Mars starts circling the media.
Dogelon Mars (ELON) Price Prediction 2024
Every four years, an event that is known as the Bitcoin halving occurs. This event had previously happened in 2020 and is set to do so again in 2024. Bitcoin halving is basically the halving of Bitcoin miner rewards. This also cuts the Bitcoin inflation rate in half. Furthermore, this event is known to have a positive effect on the whole cryptocurrency market, initiating a bull market every time it occurs.
Our Dogelon Mars price prediction for 2024 is quite bullish. Considering the above-mentioned facts and understanding how meme-coin markets work, Dogelon may reach a trading value of $0.0000091 by the end of 2024.
Related: Dogecoin vs. SHIBA INU – Battle of the Memecoins
Dogelon Mars (ELON) Price Prediction 2025
Since the Bitcoin halving event has a super positive effect on the overall cryptocurrency market performance, we are super bullish for the year 2025. Cryptocurrencies and tokens are continuously being implemented in major businesses and companies; imagine the growth experienced until 2025.
On a bullish note, we believe that ELON might hit a yearly high of $0.000012 and a yearly low of $0.0000095. If the tokenomics of Dogelon Mars are improved at some point in time, we believe that the token may go even higher and potentially hit a price of $0.000014.
Dogelon Mars (ELON) Price Prediction 2026
After numerous crazy rides for 5 years, the year 2026 is expected to be a bit calmer. Although we believe that 2026 might also be bullish, we doubt that it can surpass 2025. So, considering everything we said, the year 2026 is sure going to be interesting.
Crypto Academy’s Dogelon Mars price forecast for 2026 gives this token a possible yearly low of $0.0000098 and a yearly high of $0.000021. This prediction suggests that Dogelon Mars may surpass the $0.00002 milestone.
Dogelon Mars (ELON) Price Prediction 2023-2026.
Dogelon Mars (ELON) Market Price Prediction
ELON, aka Dogelon Mars, is relatively new to the crypto space, however, it caught the attention of many from when it first launched. There are many pessimistic opinions about this token, but statistics show that this token is here to stay.
Coin Data Flow
According to Coin Data Flow, a website that uses mathematical algorithms to predict the future of cryptocurrencies, Dogelon might have a positive run in the short & long term. Their forecast states that ELON may hit $0.0000049 by the end of the year if this token has 100% of Bitcoin’s previous average growth per year. Considering that Bitcoin experienced huge percentage growth only during the first 7 years in the market, this might be easy for Dogelon Mars. We have seen cryptocurrencies and tokens do 100x in a span of one week. So, a 10x is possible for ELON.
Tech News Leader
Tech News Leader is a website that focuses on presenting price predictions for different cryptocurrencies. Recently, they presented a price forecast for Dogelon Musk for the whole decade. Their forecast states that ELON may hit an all-time high of $0.0000027 sometime during 2023. Moreover, they claim that this token’s supply may slow down its growth as years pass by. That being said, ELON is likely to end the year 2025 with a trading value of $0.0000068 according to Tech News Leaders.
Finance AP is one of the youngest cryptocurrency Youtubers and has lately covered Dogelon Mars on his channel. In his video, he first explains what Dogelon Mars is and how it is currently performing in the market. Moreover, he presents the market pairs available for Dogelon Mars and their impact on its price. After covering the latest news regarding this token, Finance AP states that the future of Dogelon Mars seems bright. Furthermore, he claims that major exchanges may list the token soon.
Conclusion: Can ELON Eventually Reach $1?
Reaching $1 is impossible for Dogelon Mars. To achieve such a goal, the team must focus on burning tokens and increasing the value provided by the project. Additionally, it is impossible for a coin to acquire a market capitalization of $555,600 billion… an amount of money that does not exist.
If the team of Dogelon Mars decides to change the contract of the token, then this token could theoretically hit $1. However, the way this works is that you swap your 1 million ELON tokens for 10,000 ELON tokens that have a price 100x higher than the previous ELON tokens. This would mean that your ELON portfolio will have the same value. So, memecoins usually use this for marketing purposes.
All in all, it is impossible to reach a trading value of $1 for Dogelon Mars with its current tokenomics.
How to Buy Dogelon Mars (ELON)?
Buying meme-coins like Dogelon Mars is not as easy as buying major cryptocurrencies such as Bitcoin or Ethereum. Yet, this process is becoming easier as time passes by. Additionally, we will try to make it even easier for you by presenting a detailed guide on how to buy Dogelon Mars.
Step 1: Create an Exchange Account
The first thing you must do to buy ELON is open an exchange account. The process is similar in most exchanges, however, small differences may be found here and there. We recommend you either use Gate.io or Poloniex for buying Dogelon Mars because of their high liquidity. To open a Poloniex account you need to provide them with your email address, full name, and birthday. Even though Know-Your-Customer is not mandatory in Poloniex, you can increase your trading, depositing, and withdrawing limits by verifying your identity.
You can also buy ELON through decentralized exchanges such as Uniswap and Shibaswap.
Step 2: Fund Your Account
The next step towards buying ELON through Poloniex is funding your Poloniex account. At the time of writing, you can fund your account using a Visa or Mastercard credit/debit card or the Apple Pay option. The team of Poloniex is supposedly working on adding more payment methods, however, there are no announcements on when this will happen.
We suggest you buy USD Tether (USDT) when you fund your account since the only market pair that Dogelon Mars has in Poloniex is ELON/USDT.
Step 3: Buy ELON
Now that you are done with the preparations, you are all set for buying ELON tokens. To do so, simply go to “Markets”, search for ELON, and click on the ELON/USDT market pair. This is the only ELON market pair available in Poloniex for the time being. Now, enter the amount of ELON that you are interested in buying and click on buy. This will create an order which will be executed whenever there is a seller willing to trade their ELON tokens at the price that you want to buy them.
Related: How To Buy Cryptocurrency? – A Step-By-Step Guide
Can Dogelon Mars hit 1 cent?
Probably. The only problem for this token to reach this price is its current supply and lack of utility. We believe that if Dogelon Mars survives the next few months in the market, it will work on those two above-stated issues. If they follow the footsteps of Shiba Inu and burn tokens constantly, they might have a chance of actually reaching $0.01 in the long run. However, it is highly unlikely for Dogelon Mars to reach such a price in the short run.
In what blockchain is Dogelon Mars hosted?
The Ethereum Blockchain. As we mentioned before, Dogelon Mars is an ERC-20 token, meaning that it was created and is hosted on the Ethereum blockchain. Additionally, this means that you cannot use Binance Smart Chain (BSC) swaps such as PancakeSwap because Dogelon Mars is not a BEP-20 token. Although this may lower its exposure, ERC-20 tokens are believed to be more credible than BEP-20 tokens.
Where can I buy Dogelon Mars?
At the time of writing, you can buy Dogelon Mars on both centralized and decentralized exchanges. When it comes to centralized exchanges, you can buy Dogelon Mars in Crypto.com, Gate.io, OKEx, KuCoin, Poloniex, BitMart, HotBit, BitForex, and the ZT Exchange. On the other hand, you can find Dogelon Mars only on Uniswap and Shibaswap when it comes to decentralized exchanges.
Also Read: Dogecoin Price Prediction 2022 – What Will the Dogecoin Price be in 2022 and in Next Years to Come?
- The first meme-coin was Dogecoin – a cryptocurrency launched back in 2013.
- After tokens like SafeMoon and SafeMars entered the market, an ERC-20 token that is known as Dogelon Mars emerged.
- Similar to most meme-coins, their main goal is to serve the purpose of the community.
- Dogelon Mars is a token that many use for making a quick profit; yet, this comes with high risks.
- We believe that Dogelon may reach a trading value of $0.0000061 in 2023.
- At the time of writing, you can buy Dogelon Mars in Uniswap, Poloniex, Shibaswap, Gate.io, OKEx, BitMart, HotBit, Crypto.com, and some other smaller exchanges.
- All in all, investing in Dogelon Mars could hurt your portfolio. Therefore, do your own research first.