Dogelon Mars Price: ELON Moons 70%, Hits Into The Top-100

Dogelon Mars Price: ELON Moons 70%, Hits Into The Top-100

2021-12-24 | Selina Mathew

Dogelon Mars Price: ELON Moons 70%, Hits Into The Top-100

Dogelon Mars is experiencing a ferocious 'Santa surge,' bringing the joke coin's market valuation near to $1 billion. Dogelon Mars (ELON) is a meme-coin on top of a meme-coin.  The crypto with dog theme currency, which mixes Dogecoin with Elon Musk, is useless in my view, albeit not everybody agrees. Dogelon's key marketing feature, like Dogecoin and Shiba Inu, is its robust group and a rousing call to arms "to Mars." The MARS currency passed the majority of 2021 as a comparative obscured, worth at less than $40 million. Shiba Inu's popularity sparked a purchasing frenzy as investors sought out inexpensive options. Dogelon Mars then soared almost 4,000% in October, temporarily reaching a market worth of $1.43 billion before plummeting -60% in November. Nonetheless, it appears like MARS will end the year with a surge to the October highs. Evaluation of the ELON Price ELON

ELON/USD 1 DAY PRICE CHART: SOURCE - COINMAKETCAP.COM

The Dogelon Mars price is enjoying a spectacular surgeon the daily chart. MARS has therefore busted out of a falling triangle formation and passed the 50 and 100-Day Moving Averages (DMA's). This storey, however, finishes with caution. The price may rise more in the short term, but it may also come close to zero at a certain point, in my judgment. As a result, my recommendation is to avoid the MARS currency at all costs. Many coins have strong foundations and intriguing use-cases. Dogelon, on the other hand, is not one of them.

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