Here we go with the next LATOKEN review Dogelon Mars (ELON). At LATOKEN, we always care about traders and crypto enthusiasts around the world; we like to share crypto news, relevant information about the hottest tokens and protocols in our LATOKEN reviews, write and post informative articles to provide a better understanding. If you trade cryptocurrencies or only going to become an investor, knowing if a project is legit or a crypto scam is an absolute must.
Dogelon Mars (ELON) August 2021 news
Let’s review what is Dogelon Mars (ELON) and what happens now. On July 31, due to a crash on the 0x protocol decentralized exchange, the CoinMarketCap service began to display a 50,000% increase in the Dogelon Mars token. For a while, the digital coin entered the top 10 largest cryptocurrencies in terms of capitalization. A few hours later, the service developers fixed the incorrect display of the token price.
According to CoinGecko, the Dogelon Mars price jumped 160% during the crash (from $0,00000005 to $0,00000013). On August 2, the token is traded at about $0,00000010. Its market capitalization exceeded $58 million.
LATOKEN review, so what is Dogelon Mars (ELON)?
Dogelon (ELON) Mars is a joke token that was created on the Ethereum blockchain in April this year amid the popularity of Dogecoin (DOGE). The tokens were issued through the DEX Initial Offering (IDO). The initial maximum supply of Dogelon Mars is one quadrillion tokens.
The project’s official website says that “Dogelon is a fair universal currency for the people. It is not a meme currency like Doge or Shiba. This is a real project that will constantly be evolving. That begins with undoing the damage done by crypto scammers, schemers, and bad actors.”
Is Dogelon Mars (ELON) or another crypto scam?
Even though this token originated as a joke, Dogelon Mars (ELON) is a real cryptocurrency that operates on the Ethereum platform. What is more, the ELON token is listed on LATOKEN, an international crypto-exchange and IEO platform with over 1.3 million users across the world. So that’s why you can just forget about the LATOKEN scam!
Is it worth trading Dogelon Mars (ELON)?
LATOKEN Review doesn’t provide investment advice. Do your own research! If you deal somehow with crypto, it’s the first and essential step before investing. You should always research and understand a cryptocurrency before trading it.
If you’re ready to give it a try, you can always do it on the LATOKEN exchange. We want to remind you that LATOKEN makes trading and payments easy and safe worldwide, so you can forget about the LATOKEN scam.
Want to start trading ELON? Follow the link below!
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- Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
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LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.