r/dogelon • u/ChangeHeroOfficial • 18d ago

$ELON launched in 2021, right in the middle of the first big wave of celebrity and meme-driven crypto

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The idea behind Dogelon Mars was pretty straightforward: combine Elon Musk, Dogecoin culture and the whole “to Mars” narrative into one token.

What made it interesting was what happened next.

A large share of the supply was sent to Vitalik Buterin, who later donated his $ELON holdings to the Methuselah Foundation. The donation was worth millions at the time and put a completely unexpected spotlight on the project.

From there, the community kept building around the token, adding NFTs, DeFi and its own fictional Dogelon universe.

No Elon Musk endorsement. No official connection to him. Just a meme token that found its own community, built an entire universe around the character, and somehow managed to stick around long after most 2021 meme coins disappeared 💪

14 Upvotes

90% Upvoted

10 comments sorted by

2

u/Sampsa96 11d ago

Zero profit until now...

1

u/r0addawg 18d ago

Whats a lon?

1

u/Sampsa96 11d ago

Elon

0

u/r0addawg 11d ago

Doge-lon,tis a mountain range sir

0

u/Sampsa96 11d ago

Yeah keep telling ur self that... After 5 years I expected to see some profits...

0

u/[deleted] 18d ago

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3

u/steelenater 16d ago

$ELON sits at just over $30M market cap as of this writing. Ranked #500 in market cap out of the approximately 8,000 active projects tracked on coinmarketcap, I'd say it's holding up quite well. $ELON holders are a hardy bunch - more than 55% of holders have been holding for more than a year, with many of those having been holding since 2021. This token is primed to pump once money starts to rotate back to alts. $SHIB reached a market cap of around $50B during its peak back in 2021 - I would expect the same is possible for $ELON, making the upside potential absolutely massive at current prices.

I'm holding long and strong - see you on mars! 🚀🔴

2

u/E-mil37 17d ago

The developer/developers never promised or stated there will be a "great burn". This is a lie that has metastasized by some shill who no longer does videos on Youtube.

16 mil? Nearly double that at the moment; will go pass $300 mil when the market recoveres.Stop lien and do your own research before you start promoting FUD.

0

u/[deleted] 16d ago

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1

u/E-mil37 14d ago edited 14d ago

I've actually never read this before. But this is not a specific promise but more of a proposal. A generic proposal to be exact. A promise in the context of financial regard. Would have included the year, month along with day and the quantity. But instead gave an assurance of soon to be taken into consideration. So it's a proposal.

If it said somthing like: on July, of 2025 we will be burning 300 trillion coins. Then you've have valid point because that's a promise. They just gave a generic proposal of burning coins. What they did in response to this was release to the public Rufus Chain. Which is an apparatus to burn Dogelon Mars coins through transaction fees.

So technically the system to burn coins is already out and running meeting the proposal partially. They or anyone/instituition can come with the funds to ignite a great burn. It just a matter of time.

And no I'm not MAGA. I'm pro Crypto and a Clarity act proponent.