Elon Musk-Inspired Meme Coin Dogelon Mars Soars 6%, Eclipsing SHIB, DOGE Gains By Benzinga

Benzinga – Dogelon Mars (CRYPTO: ELON), a cryptocurrency impressed by Dogecoin (CRYPTO: DOGE) and Elon Musk’s imaginative and prescient of human colonization on Mars, has seen a 6% enhance in worth over the previous 24 hours, outperforming fashionable meme cash like Shiba Inu (CRYPTO: SHIB) and Dogecoin.

What Occurred: Throughout this era, the market quantity of ELON reached $2.55 million. On the time of writing, ELON was buying and selling at $0.0000001869. SHIB and DOGE had been up 0.30% and 0.80% respectively.

The rise in worth could be attributed to the general surge in meme cash, pushed by Bitcoin’s (CRYPTO: BTC) climb to $34,000. Because the main cryptocurrency experiences important positive aspects, it usually creates optimistic momentum for altcoins and meme cash, together with Dogelon Mars.

What units Dogelon Mars aside is its distinctive mixture of emulating the success of Dogecoin, a well known meme coin, and embracing Elon Musk’s visionary proposition of building a human presence on Mars. This venture path has caught the eye of buyers and cryptocurrency fanatics, contributing to ELON’s latest surge in worth.

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Why It Issues: One extra issue contributing to the momentum of Dogelon Mars is the introduction of an unique NFT (non-fungible token) assortment designed particularly for the ELONgevity neighborhood. This neighborhood consists of supporters of each Dogelon Mars and the Methuselah Basis, a corporation targeted on extending wholesome human lifespans.

The launch of the NFTs on October 13 generated overwhelming demand, leading to your complete provide being minted inside simply 10 minutes. This occasion additional amplified the rising curiosity and worth of Dogelon Mars.

Worth Motion: On the time of writing, DOGE was buying and selling at $0.68, up 0.51% within the final 24 hours, in accordance with Benzinga Professional.

Learn Subsequent: Right here’s How A lot You Ought to Make investments In Shiba Inu Right this moment For A $1M Payday If SHIB Hits 1 Cent?

© 2023 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

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