DOGELON MARS PRICE PREDICTION 2023-2032: IS ELON A GOOD INVESTMENT?
An influencer says Dogelon Mars (ELON) is about to go parabolic. Altcoin prices may fall due to decreased liquidity due to quantitative tightening.
Although Elon Musk is not involved in ELON, its token price can see large price increases when Musk makes headlines. For example, when Musk closed his deal to buy Twitter last month, the coin briefly soared on the news, only to pull back. This phenomenon is a social media frenzy in action. This Dogelon March price prediction will help you make smart crypto choices to add to your portfolio, not through a frenzied response.
Also Read: Is Solana good investment in 2024?
How much is ELON worth?
Today’s Dogelon Mars price is $2.10e-7 with a 24-hour trading volume of $101,849,772. Dogelon Mars is down 5.92% in the last 24 hours. CoinMarketCap's current ranking is #192, with a live market cap of $101,849,772. It has a circulating supply of 549,652,770,159,583 ELON coins and a max. Supply of 1,000,000,000,000,000 ELON pieces.
Dogelon Mars’ all-time high is $0.000003. ELON reached this ATH on October 30, 2021. Dogelon Mars' total supply is 548 trillion, from its starting total supply of 1 quadrillion. Even if it appreciates, given the high volume of Dogelon Mars, it would be unlikely to reach $0.01 . However, who knows?
Let's see how things have turned out for Dogelon Mars since Elon Musk's takeover of Twitter,
ELON 1-day price chart: Selling pressure pushes ELON down to $0.0000001875
The 1-day price chart shows that Dogelon Mars values are turning bearish after slight jitters on the bullish side over the past few days. Today's trend is bearish as the price is gradually decreasing and has moved down to $0.0000001875. Currency volatility is at an all-time high, as the chart shows; the bulls and bears took turns moving the price up and down.
Chaikin money flow has been below the zero line at -0.07, meaning money is flowing out of the market. This suggests that traders are expecting a downtrend soon and are selling their holdings to take profits or minimize losses. The Relative Strength Index (RSI) is also indicating a bearish trend, with its value at 32.52, just below the midline. The 20-EMA is also pointing down and has moved below the 50-EMA, which further signifies a downtrend. The MACD line has also moved below the signal line at -0.0001, indicating that the bears are in control of the market.
ELON Price Analysis: Downward Bearish Momentum, Price Levels Continue to Fall
Dogelon Mars 4-hour price analysis chart showing the cryptocurrency's progress is turning bearish, and the bears are expected to further degrade the coin's value. The price has declined significantly to $0.000001875, and the short-term trendline is also falling.
Chaikin money flow has been below the zero line at -0.06, with red candles indicating money is exiting the market. The relative strength index (RSI) also fell below 30 to 25, indicating an oversold market. The Moving Average Convergent Divergence (MACD) indicator is also showing bearish signals, with the MACD line moving below the signal line at -0.00022, meaning the bears are in control of the market and further losses are ahead. expected in the coming days.
Dogelon Price Prediction March 2023
The Dogelon Mars price prediction for 2023 estimates that the price could reach a minimum price of $0.00000027 and an average of $0.00000028, with a maximum price of $0.00000031.
Dogelon Price Prediction March 2024
Our Dogelon Mars price prediction for 2024 suggests that ELON price could reach a low of $0.00000040, an average of $0.00000041, and a high of $0.00000049 by the end of 2024.
Dogelon Price Prediction March 2025
Our Dogelon price prediction March 2025 suggests that ELON price will reach a low of $0.00000057, a predicted average price of $0.00000060, and a maximum price of $0.00000070.
Dogelon Price Prediction March 2026
In 2026, the Dogelon Mars ELON price prediction estimates a minimum price of $0.00000086 and an average price of $0.00000088. ELON coin is expected to reach a maximum price of $0.00000099 throughout this period.
Dogelon Price Prediction March 2027
In 2027, the Dogelon Mars price prediction suggests that the price of Dogelon Mars could reach a minimum price of $0.00000125, a predicted average price of $0.00000128, and a maximum price of $0.00000151.
Dogelon Price Prediction March 2028
According to the Dogelon Mars price prediction for 2028, the price of Dogelon Mars is expected to reach a minimum value of $0.00000186 in 2028. The price of Dogelon Mars may reach a maximum value of $0.00000217 with an average trading price of $0.00000192 throughout 2028.
Dogelon Price Prediction March 2029
Our Dogelon Mars price prediction for 2029 suggests that ELON price could reach a low of $0.00000271, an average of $0.00000278, and a high of $0.00000322 by the end of 2029.
Dogelon Price Prediction March 2030
Our Dogelon price forecast March 2030 suggests that ELON price will reach a low of $0.00000405, a predicted average price of $0.00000416, and a maximum price of $0.00000466 throughout this period.
Dogelon Price Prediction March 2031
In 2031, the Dogelon Mars ELON price prediction estimates a minimum price of $0.00000578 and an average price of $0.00000599. ELON coin is estimated to reach a maximum price of $0.00000703 throughout this period.
Dogelon Price Prediction March 2032
In 2032, the Dogelon Mars price prediction suggests that the price of Dogelon Mars could reach a minimum price of $0.00000822, a predicted average price of $0.00000846, and a maximum price of $0.00001014.
Learn more about the Dogelon Mars Network (ELON)
What is Dogelon Mars (ELON)?
Dogelon Mars is called the “interplanetary currency.” It continues to be one of the coins with a lot of potential in terms of price. Dogelon Mars has maintained its stability despite the volatility of the cryptocurrency market, and its price is expected to increase in 2022 and beyond. The meme coin has been riding a wave of popularity on social media and could soon reach $0.010. Beyond its fun name, Dogelon Mars has a solidly robust community behind it. Today, he has over 300,000 followers on Twitter and over 84,000 followers on Telegram.
Because it is a universal fair cryptocurrency, there has been no pre-sale of Elon coins. However, ten trillion coins were created after sending 50% to Vitalik Buterin. Buterin donated his contribution to charity and the COVID Relief Fund. The next 50% of ELON tokens were locked into the Uniswap liquidity pool as Elon and ETH pairs.
Who are the founders of Dogelon Mars?
Just like other meme pieces, the founders of Dogelon Mars are unknown. This is what happens in meme-coins: having anonymous founders. However, investors are advised to exercise due diligence when making financial decisions on cryptocurrencies to avoid falling victim to malicious practices such as exit scams. That said, Elon has been on the market for a while now, making the likelihood of the coin being a scam relatively low.
Applications of Dogelon Mars
Aside from using the humorous comic story of Dogelon (the dog after which the coin is named) as the background of the token, this cryptocurrency does not yet have an official roadmap. Elon is a meme coin without much use and applications beyond purchasing it and holding it in a cryptocurrency wallet like Metamask. Because it has different meme attributes in its name (Elon Musk, Doge, and Moon/Mars), we could see a rapid rise in Dogelon Mars Elon if the overall crypto market appreciates and the appetite for meme parts increases.
How is the Dogelon Mars network secure?
Elon is an ERC-20 cryptocurrency based on Ethereum and Polygon. It is also essential to know Ethereum is one of the most popular blockchains in the crypto market. However, its Proof-of-Work consensus mechanism makes Ethereum one of the most secure blockchains. Again, a different set of decentralized nodes validates and secures transactions on the Ethereum blockchain network. On the other hand, Polygon is a layer two scaling solution for Ethereum that helps increase transaction throughput; this means there is no gas war on Polygon.
The starting supply for the project was 1 quadrillion ELON tokens. The developers sent half of these crypto tokens to Ethereum co-founder Vitalik Buterin, copying a publicity stunt first done by Shib a Inu (CRYPTO: SHIB). Buterin donated approximately 43% of ELON tokens to the Methuselah Foundation, a charitable organization focused on extending human longevity. The foundation committed in May 2021 not to sell any of these tokens for at least one year and to grow the long-term value of ELON.
How is ELON unique?
Developers deposited the other half into a liquidity pool on Uniswap (CRYPTO: UNI). They also deposited 40 ETH into the liquidity pool, worth around $100,000 at the time. They then burned (destroyed) the liquidity provider tokens they received so that they could neither withdraw trac tokens nor collect any of Uniswap's liquidity rewards, which will accumulate over time.
By burning the liquidity provider's tokens, the Dogelon Mars team demonstrated that they were not going to commit a coin flip, a crypto scam where developers increase the value of their cryptocurrency, withdraw as much as they can and abandon the project. The founders of Dogelon Mars cannot do this because when they deposited their funds into the project, they burned the tokens they received to do so.
Where and how to buy Dogelon Mars Elon
You can buy and trade Elon tokens on KuCoin, UniSwap (V2), OKEx, Poloniex, Gate.io and Crypto.com Exchange.
We all know that buying meme coins is not as simple as buying major cryptocurrencies in the crypto market, such as Bitcoin and Ethereum. However, I will try to make it easier for you. Here's how to buy Dogelon Mars.
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