What is Dogelon Mars (ELON)?
Dogelon Mars is an Ethereum-based ERC-20 token that is referred to as a meme coin or 'dog coin'. It has no real utility, it simply acts as a type of digital asset for investors to speculate on its price. It's one of many Shiba Inu and Dogecoin spin-off memecoins that have built a relatively large community since their inception in 2021.
The meme grew in popularity thanks to Elon Musk posting about it during the mania phase of the bull market toward the end of the year. Since then, Dogelon has begun developing a comic book series and selling NFTs to the community. The native token ELON has no real utility, natural demand, or purpose and is a highly speculative investment.
How to buy Dogelon Mars in Australia
The most secure and affordable way to buy Dogelon Mars (ELON) in Australia is via the OKX exchange. OKX accepts AUD deposits via credit/debit card, bank transfer, POLi, PayID, Apple Pay or Google Pay. Once your funds are on OKX, you will have access to Dogelon Mars token plus 340 other cryptocurrencies. Follow the below steps to buy ELON in Australia.
- Open a free account on OKX with your email address.
- Go to the 'Buy Crypto' tab and select a AUD deposit method.
- Choose 'AUD' and 'ELON' as your fiat and cryptocurrency.
- Input the amount of AUD you want to invest in Dogelon and tap 'Buy'.
Risks and benefits of investing in Dogelon Mars
Although Dogelon Mars doesn't have any real utility, many investors believe that it could potentially provide a good return on their investment if its online communities increase in popularity. However, it is still regarded as a high-risk token that is highly speculative and risky due to its lack of utility or natural demand.
Dogelon Mars Price AUD
Below is the live price and chart of the cryptocurrency, Dogelon Mars (ELON) in Australian dollars.
The Bottom Line
Dogelon Mars (ELON) is a meme coin or 'dog coin' that was built on the Ethereum network. It has no real utility, it simply acts as a type of digital asset for investors to speculate on its price. The most secure and affordable way to buy Dogelon Mars in Australia is via the OKX exchange. If you're interested in learning more about this platform, visit our detailed OKX Review.