Is Dogelon Mars on CoinMarketCap? Well, the answer is, Yes.
Assuredly, the dog-meme token, Dogelon Mars, inspired by Dogecoin and, more precisely, Elon Musk, can be found on CoinMarketCap.
As of writing, its price on the platform is $0.000001, down by 3.77% in the last 24 hours. And its CoinMarketCap ranking is #124, with a live market cap of USD 648,962,494.
However, it is essential to note that on this issue of Dogelon Mars being on CoinMarketCap, we are not necessarily saying that you can buy it from the platform. We are simply saying that CoinMarketCap is currently offering an uninterrupted report on the token’s ecosystem so that investors can draw informed conclusions during trading.
Regarding purchasing it, the top cryptocurrency exchanges for trading in Dogelon Mars stock are currently OKEx, KuCoin, Gate.io, Uniswap (V3), and ZT. But you can find some more listed on CoinMarket’s crypto exchanges page.
‘Wooing’ CoinMarketCap
The other day, Watcher News reported that CoinMarketCap had refused to list Saitama despite making it to the top 100 coins.
The market cap on Saitama was well over $2 billion, but still, this was not enough to secure it a place on the list; as of the article’s writing.
Well, it is not a secret that for a coin listing to happen on CoinMarketCap, some rigorous set criteria and guidelines have to be met. And still, this does not mean that listing is a guarantee.
So, with such uncertainty surrounding listing on CoinMarketCap, why do developers still send admission requests to the platform?
Why a Listing on CoinMarketCap Matters?
Source: UNSW
CoinMarketCap is the number one platform for cryptocurrency price tracking and cryptocurrency news. The platform is secure and boasts of a massive following in the tens of millions.
CoinMarketCap is associated with top dollar crypto assets; hence its a symbol of class.
In addition, CoinMarketCap is trusted by individual investors and a good number of reputable financial institutions. Therefore, any coin listed on the platform enjoys the +4.8/5 rating cover associated with the platform.
Apart from conducting 24-hour surveillance on the cryptocurrency space and delivering real-time analysis to the investors, the platform also offers info on market cap & rank, prices, exchange volumes, and currency conversion. Hence, investors can track their holdings and update themselves with other emerging crypto developments.
CoinMarketCap and Dogelon Mars
Drawing from a recent article, CoinMarketCap seems quite optimistic about the token’s future. The article by Hassan Shafiq, a frequent author on the site, did expound much on the token’s background and operation while offering a prediction that the token would lead in the dog-coin race in the coming future.
However, the article also issued a warning regarding the token essence as a memecoin.
It is a known fact that the speed at which meme coins go up or come down is almost similar. Therefore, one needs to be cautious before investing in it.
“Invest only what you can afford to lose, “ Hassan advised.