Dogelon Mars (ELON) is the most traded token among the top 1000 ETH whales. Elon dethroned Decentraland (MANA) to take the sweet top spot and is the most used token in the altcoins segment.
MANA held the top spot for a few days but was eventually outrun by ELON making it fall to the second position. Nonetheless, MANA still has steam as its delivering good results and could be at the top again in a few days.
The meme-currency runs on the ERC-20 platform and had the highest number of transactions in the last 24 hours. The transactions were counted only among the top 1000 Ethereum whale wallets.
The development indicates that whales have shown their interest in ELON and are trading in the token as per their convenience. Dogelon Mars in among the most sought-after altcoin currently and whales don’t want to miss out on its stellar run.
WhaleStats released the latest data on the top ETH whale movements showing ELON rising to the top.
The token is up +120% in the last 30-trading days and is displaying bullish sentiments. Investors believe it could be the next Dogecoin or Shiba Inu and reward early position takers handsomely. ELON is also gaining traction on social media and the number of holders are only increasing by the day.
Apart from its online presence, ELON investors have kickstarted an offline advertising campaign by displaying posters across their cities. The posters read, “Missed SHIB? Join ELON on a mission to Mars”. The outdoor advertising campaign is shared on ELON’s official Twitter handle.
Dogelon Mars (ELON) Performance
Dogelon Mars was launch in April 2021. The token quickly gained fame due to its name being associated with Tesla CEO Elon Musk. The billionaire entrepreneur had invested in Dogecoin in February and made his presence felt in the crypto market. His tweets on Doge sent the coin soaring to all time highs before it crashed during his SNL performance in May.
Since then, meme-tokens became all the rage and investors pumped in their money hoping to ‘reach the moon’. Dogelon Mars became the talk of the town and in October spiked +4,000% giving other meme-coins a run for their money. The coin is up +9,000% since its inception giving early investors fistful of dollars.
Dogelon Mars is a low-hanging fruit and is available for purchase at less than a Cent. The affordability is what’s attracting new investors into its fold. At the time of publishing, ELON was trading at $0.00000140 and is down -0.2% in the days trade.