DOGELON MARS TO BURN MILLIONS OF TOKENS!? GET IN NOW!!
1.3 هزار بار بازدید -
3 سال پیش
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Dogelon Mars is gaining interest,
Dogelon Mars is gaining interest, but in order for it to reach really high prices, it would need to burn a lot of coins as it has a gigantic current supply. But will that really happen?
Stick around until the end of the video to find out.
Hey guys, welcome back to the Channel!
In today’s video, we'll discuss if Dogelon Mars will eventually undergo a massive burn?
But before that, make sure to hit that like button, subscribe to the channel and turn on that notification bell to stay notified.
Let's head into it!
Dogelon Mars burns
While not unprecedented, Dogelon was listed on both CoinMarketCap and CoinGecko within an hour of its inception, a feat that is noteworthy. This is quite unusual, with an average of approximately a week appearing to be the norm. Then, on day three, Dogelon was admitted to its first cryptocurrency exchange, Poloniex. Allow it to soak in for a moment. It only took three days. Check out some of the major tokens that are now popular; several are still exclusively available on UniSwap and no other exchanges. To make matters even better, Dogelon was able to obtain a listing on KuCoin, which was one of the top ten cryptocurrency exchanges in the world at the time, in the fifth week following its inception.
This resulted in a significant increase in demand and a consequent increase in price. But there is one issue that many have noticed: there are far too many coins, which means that a large number of coins must be burned!
Why we need a burn
Before we look at why we need a burn, let's have a look at what kind of price increases are conceivable!
Dogelon Mars has been dominating the meme-coin market in recent months, despite the fact that it is still too early to compare it to Shiba Inu or Dogecoin. Dogelon Mars was on the verge of reaching a $1 billion trading volume when it achieved its October high, with more than $885 million worth of shares exchanged in a single day. In the current state of affairs, according to CoinMarketCap, Dogelon Mars is the third most valuable meme-coin.
The answer to the question of whether Dogelon Mars will ever hit 1 cent is not as simple as it appears.
In order for Dogelon Mars to reach 1 cent with the existing tokenomics, hundreds of billions of dollars must be invested into its market capitalization, and, as previously said, a large number of burns are required.
In order for ELON to reach $0.01, it must first reduce its supply by burning it, which will result in the token's price being deflationary. The second step is the release of Dogelon Mars V2, which is identical to what Safemoon is doing right now. In order to accomplish this, they must limit the supply while ensuring that the hodlers are not negatively affected by the adjustment. Please keep in mind that this is only a simplified description of how Dogelon Mars was able to achieve $1 cent in value.
By the way, do you agree we need a Dogelon Mars burn? Let us know in the comment section down below!
The Vitalik Buterin burn
MF is the major stakeholder, and they are in regular communication with Dogelon's development team.
Earlier today, the Methuselah Foundation, which owns 43 percent of the world's Dogelon Mars ($ELON) cryptocurrency, said that it will manage its assets in order to optimize the $ELON's long-term value in order to further the foundation's purpose.
The majority of token holders feel that Methuselah should burn at least a portion of their tokens! Their petition reads: "Let's all sign if we believe that burning 50% of the Methuselah foundation's holdings in Dogelon Mars will be beneficial to the community and the long-term value of Dogelon Mars."
Will they even be able to sell their coins?
"Because our mission to extend the healthy human lifespan requires a long-term view, Methuselah Foundation focuses on lasting achievements, not short-term rewards," stated David Gobel, co-founder and CEO of the Foundation. Similarly, we will adopt a nurturing approach with our Dogelon Mars holdings.
'"Our accomplishments throughout the years have demonstrated time and again the importance of our work. Dogelon is now considered to be a highly speculative investment.
What do you think about Dogelon Mars’ future? Do you think the developers should do a burn as soon as possible? Let us know in the comment section!
This brings us to the end of today’s video. I hope you had fun watching it. Give us a like if you did and subscribe to our channel to stay updated on the world of cryptocurrencies. Also, activate the bell to make sure you definitely won’t miss any of our future videos. Enjoy your day and I'll see you in the next video.
Related videos:
NASA & DOGELON MARS NEW DEVELOPMENT FOR MARS MISSION - HUGE NEWS!!
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WHY YOU NEED TO BUY DOGELON MARS COIN BEFORE FEBRUARY 14TH! (RETIRE EARLY WITH DOGELON)
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#dogelon #dogelonmars #dogelonmarspriceprediction
Stick around until the end of the video to find out.
Hey guys, welcome back to the Channel!
In today’s video, we'll discuss if Dogelon Mars will eventually undergo a massive burn?
But before that, make sure to hit that like button, subscribe to the channel and turn on that notification bell to stay notified.
Let's head into it!
Dogelon Mars burns
While not unprecedented, Dogelon was listed on both CoinMarketCap and CoinGecko within an hour of its inception, a feat that is noteworthy. This is quite unusual, with an average of approximately a week appearing to be the norm. Then, on day three, Dogelon was admitted to its first cryptocurrency exchange, Poloniex. Allow it to soak in for a moment. It only took three days. Check out some of the major tokens that are now popular; several are still exclusively available on UniSwap and no other exchanges. To make matters even better, Dogelon was able to obtain a listing on KuCoin, which was one of the top ten cryptocurrency exchanges in the world at the time, in the fifth week following its inception.
This resulted in a significant increase in demand and a consequent increase in price. But there is one issue that many have noticed: there are far too many coins, which means that a large number of coins must be burned!
Why we need a burn
Before we look at why we need a burn, let's have a look at what kind of price increases are conceivable!
Dogelon Mars has been dominating the meme-coin market in recent months, despite the fact that it is still too early to compare it to Shiba Inu or Dogecoin. Dogelon Mars was on the verge of reaching a $1 billion trading volume when it achieved its October high, with more than $885 million worth of shares exchanged in a single day. In the current state of affairs, according to CoinMarketCap, Dogelon Mars is the third most valuable meme-coin.
The answer to the question of whether Dogelon Mars will ever hit 1 cent is not as simple as it appears.
In order for Dogelon Mars to reach 1 cent with the existing tokenomics, hundreds of billions of dollars must be invested into its market capitalization, and, as previously said, a large number of burns are required.
In order for ELON to reach $0.01, it must first reduce its supply by burning it, which will result in the token's price being deflationary. The second step is the release of Dogelon Mars V2, which is identical to what Safemoon is doing right now. In order to accomplish this, they must limit the supply while ensuring that the hodlers are not negatively affected by the adjustment. Please keep in mind that this is only a simplified description of how Dogelon Mars was able to achieve $1 cent in value.
By the way, do you agree we need a Dogelon Mars burn? Let us know in the comment section down below!
The Vitalik Buterin burn
MF is the major stakeholder, and they are in regular communication with Dogelon's development team.
Earlier today, the Methuselah Foundation, which owns 43 percent of the world's Dogelon Mars ($ELON) cryptocurrency, said that it will manage its assets in order to optimize the $ELON's long-term value in order to further the foundation's purpose.
The majority of token holders feel that Methuselah should burn at least a portion of their tokens! Their petition reads: "Let's all sign if we believe that burning 50% of the Methuselah foundation's holdings in Dogelon Mars will be beneficial to the community and the long-term value of Dogelon Mars."
Will they even be able to sell their coins?
"Because our mission to extend the healthy human lifespan requires a long-term view, Methuselah Foundation focuses on lasting achievements, not short-term rewards," stated David Gobel, co-founder and CEO of the Foundation. Similarly, we will adopt a nurturing approach with our Dogelon Mars holdings.
'"Our accomplishments throughout the years have demonstrated time and again the importance of our work. Dogelon is now considered to be a highly speculative investment.
What do you think about Dogelon Mars’ future? Do you think the developers should do a burn as soon as possible? Let us know in the comment section!
This brings us to the end of today’s video. I hope you had fun watching it. Give us a like if you did and subscribe to our channel to stay updated on the world of cryptocurrencies. Also, activate the bell to make sure you definitely won’t miss any of our future videos. Enjoy your day and I'll see you in the next video.
Related videos:
NASA & DOGELON MARS NEW DEVELOPMENT FOR MARS MISSION - HUGE NEWS!!
Video
WHY YOU NEED TO BUY DOGELON MARS COIN BEFORE FEBRUARY 14TH! (RETIRE EARLY WITH DOGELON)
Video
#dogelon #dogelonmars #dogelonmarspriceprediction
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