Elon Musk-Named Meme Token Dogelon Mars Gains 119% in Seven Days, Nears $1B Market Cap | Benzinga

The cryptocurrency token Dogelon mars (CRYPTO: ELON) gained 119% in one week, competing with Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

According to CoinGecko, ELON is now included in OKEx and Crypto.comAfter that announcement, ELON increased by 119%.

Market capitalization went from $ 426 million to $ 939 million.

Last Saturday, reached an all-time high of $ 0.00000259. I was making over 4000% after opening the month of October at $ 0.00000005.

Read also: HOW TO BUY DOGELON MARS (ELON)

Yesterday, the Dogelon Mars team shared that the next stage of development will bring decentralized finance (DeFi) and engagement capabilities to ELON.

โ€œDogelon Mars is venturing into the next phase of development, building DeFi and betting on opportunities with a new contract. Right now, construction is underway as community leaders introduce DeFi and a new token for the ecosystem. "

The team also aims to introduce the xELON governance token, which will be used to vote initiatives, coordinate protocol decision-making, distribute treasury grants, and more.

ELON is currently trading hands at $ 0.0000016, down 2.1% in the last 24 hours.

According to the creator of ELON, the project will constantly evolve. Dogelon is an ERC20 cryptocurrency built on Ethereum blockchain.

The so-called cryptocurrency meme is named after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk.

Read also: These knockoffs of Dogecoin and Shiba Inu are making significant gains today, with a 'rabbit' coin up 483%

Photo: Courtesy of twitter.com/DogelonMars


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