Dogelon Mars will hold an event in Hong Kong as part of the Web3Festival

Dogelon Mars will hold an event in Hong Kong as part of the Web3Festival. The event is scheduled for April 7th from 10:00 to 12:00 UTC and is part of the festival’s activities.

The Web3Festival in Hong Kong will host an event featuring Dogelon Mars.

ELON Price Today: As of 07:04 (GMT+7), ELON was trading at $0.000001674 against.

Elon-themed meme coin Dogelon Mars will be hosting an event in Hong Kong on April 7th as part of the Web3Festival. The event will take place from 10:00 to 12:00 UTC and is one of the many activities that the festival has planned.

The event will be held at the Hong Kong Convention and Exhibition Centre and is open to all attendees of the festival. It will feature a presentation by Dogelon Mars team members who will discuss the project’s progress and vision for the future. There will also be an opportunity for audience members to ask questions.

Dogelon Mars is a canine-themed meme coin that operates on the Ethereum and Polygon networks. The token, which is denoted by the token ELON, draws inspiration from the success of similar tokens like Dogecoin and Shiba Inu and combines popular aspects of the meme coin market, including references to Elon Musk and prospects of high price potential.

The coin operates on a playful narrative of Dogelon, a character that adds a distinctive allure to the project, with the story suggesting the coin’s potential “to reach Mars”, signifying a high price valuation.

In practical terms, ELON serves as a meme coin that, while having limited utility, can be bought and stored in wallets like Metamask. The token’s value is expected to fluctuate based on the overall cryptocurrency market trends and the risk appetite for meme coins.

With a total supply of 1 quadrillion, ELON’s distribution is unique. Half of all tokens were sent by Dogelon Mars to Vitalik Buterin to burn and effectively reduce their circulation. The rest of the supply remains locked in the liquidity pool.

Dogelon Mars’ security is rooted in its status as an ERC-20 token on Ethereum and Polygon, two of the most popular and secure blockchains. Ethereum employs a PoS (Proof-of-Stake) consensus mechanism requiring validators to stake Ether to process transactions and secure the network, while Polygon acts as a scalability solution for Ethereum, allowing for greater transaction throughput and eliminating gas wars.