SUI DeSci Agents has introduced a platform designed to make longevity research investments accessible to the public, tapping into the expanding DeSci sector. 

Daily Top Performer —  Morpho Protocol (MORPHO)

The S&P 500 surged 23.3% in 2024, achieving its best two-year gain (+53.19%) in over 25 years, fueled by AI, Fed rate cuts, and economic growth. High U.S. yields tempered the year-end rally. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.19%, with Bitcoin dropping by 0.84% and Ether rising by 0.84%, in the past 24 hours.

Today's top performer is MORPHO, which surged 18.0% following the announcement of Morpho's 2025 plans for expansion, improvements, and DeFi innovation.

Morpho Protocol (MORPHO), launched in 2021, is a decentralized Ethereum-based lending platform that improves crypto lending via a P2P order matching system. It offers customizable lending markets and Morpho Vaults for different risk levels. After debuting Morpho Optimizers for Aave and Compound in 2022, Morpho Blue was introduced in 2024 for flexible lending. Morpho Labs continues to develop Morpho while supporting its original products. In 2025, Morpho 

 to expand to multiple EVM chains, enhance user and developer experience, serve as the backend for widely distributed financial products, offer top risk-adjusted rates in DeFi, and contribute to improving DeFi overall. Exciting developments are ahead.

Check Out the Latest Prices, Charts, and Data of 

SUI DeSci Agents has introduced a platform designed to make longevity research investments accessible to the public, tapping into the expanding DeSci sector. The platform allows users to invest in tokenized longevity compounds such as Epitalon and Rapamycin, with AI-powered promotion and Layer-2 liquidity solutions. The DeSci space is gaining momentum, supported by influential figures like Vitalik Buterin and Brian Armstrong of Coinbase. SUI DeSci Agents seeks to be at the forefront of this movement by broadening investment opportunities and fostering innovation in decentralized science.

Yesterday, BTC Spot ETFs recorded a net inflow of $28.8 million, driven by $38.4 million from non-GBTC funds, partially offset by a $9.6 million outflow from GBTC.

 staking with a 1-day lockup period, offering HYPE rewards and potential eligibility for a second airdrop. Stake via the platform by transferring tokens to your staking balance. New users can trade to qualify for the airdrop.

Beginner

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SUI DeSci Agents Pioneering Accessible Longevity Investments in the Growing DeSci Sector

The ai16z project is considering launching an AI-focused layer-1 blockchain, with its native token, $ai16z, as the base currency. 

The S&P 500 dropped 1.07% but ended 2024 with a 27% gain, fueled by rate cut expectations, strong earnings, and AI investments led by Palantir and Nvidia. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.10%, with Bitcoin rising by 0.57% and Ether dropping by 0.85%, in the past 24 hours.

Today's top performer is SXP, which surged 23.9% following the announcement of Solar's 2024 milestones, including Core 5.0, Solar Card, gaming expansion, and strategic growth.

Solar (SXP), launched in March 2022, is a Layer 1 blockchain with PoS, DAO governance, SXP payments, and efficient token and DApp creation. Upcoming features include the Solar Metaverse and Launchpad. In 2024, 

, including launching Solar Core 5.0 with EVM support, advancing the global Solar Card, and expanding into gaming with tymt's platform and the FoxBox Web3 console. BrighterVPN gained traction with planned crypto wallet integrations, while a 4,000m² hub in Sweden was acquired to foster innovation and community growth, setting the stage for a strong 2025.

 launching an AI-focused layer-1 blockchain, with its native token, $ai16z, as the base currency. The platform would enable the launch of AI agents and use a flywheel tokenomics model involving agent token offerings, liquidity pools, and node incentives. Since its October launch, $ai16z has gained significant market capitalization, with the project already managing an onchain liquidity pool and leveraging AI agents for investment decisions. The project envisions AI agents playing a central role in decentralized communities. Additionally, Bybit has launched the 

, offering up to 50x leverage for trading the $AI16ZUSDT pair in partnership with ai16zdao.

Yesterday, the BTC Spot ETF data showed a total flow of -$378.6 million, with GBTC experiencing a flow of -$134.5 million and non-GBTC assets seeing a flow of -$244.1 million.

 is confirmed for February–March 2025. To improve your chances, participate in the "Optimism Superchain x Layer3" quest, which runs until January 13, 2025. Active, consistent usage of superchains (2–3 times a week) is key for top-tier eligibility. L3 tokens are needed to claim rewards, but ETH fees can be used instead.

ai16z Plans AI-Focused Layer-1 Blockchain and Launches $AI16Z Perpetual Contract with Bybit

Bluefin is a decentralized exchange designed for both novice and professional traders. Learn more about how it works in this article.

When it comes to decentralized trading, one of the biggest challenges is to create an exchange that’s both complex and convenient. Many sites that offer high-end crypto features end up being too overwhelming and confusing for users to work with. Bluefin hopes to solve this problem by creating a system that's intuitive for both experts and novices. Can it succeed at its dream of creating a user-focused, decentralized spot exchange for trading all sorts of assets? Explore this guide to see how Bluefin works and learn whether it's likely to be successful. 

 (DEX) designed for use by both novice and professional traders. It uses an 

 blockchain. Bluefin hopes to distinguish itself from other DEXs due to its flexibility and convenience.

 by brothers Rabeel and Ahmad Jawaid. Ahmad was initially a software engineer at Incorta, while Rabeel was an investment analyst at Optimus Capital, Inc. Eventually, both brothers realized they could take their interests and expertise and apply them to the world of crypto. 

In the years since the Jawaid brothers first started working on their exchange, Bluefin has grown rapidly. It's hired numerous employees who have studied at top schools, such as UC Berkeley and the University of Pennsylvania. Bluefin has also acquired funding from Polychain, SIG, Brevan Howard Digital and Tower Research Capital, and has partnered with the Sui Foundation. 

Bluefin's creators aim to completely redefine the user experience for DEXs, having noticed that many of them have struggled to onboard new users. Bluefin plans to mimic the seamless, fast experience of 

 (CEXs) while staying true to its decentralized roots. In order to do so, Bluefin is 

 that make its blockchain-based system intuitive for Web 2.0 users. 

At the same time, Bluefin wants to incorporate the best that 

 has to offer. Thus, it aims to be a DEX that features transparent, accessible governance. By focusing on blockchain features like scalability and decentralization, Bluefin believes it can create a system that protects users' rights, provides excellent execution prices and appeals to the broadest audience possible.

Bluefin is a central limit order book (CLOB) system. This type of exchange consists of a central system that has a list of all customer orders, and matches customer bids and offers to pair buyers and sellers in the most efficient way possible. CLOB-based systems offer many benefits, including the best execution prices and complete transparency. 

However, CLOB-based systems often have some downsides for decentralized derivatives trading. They can be a little slow at times, and can lead to market manipulation. Therefore, Bluefin has implemented a 

. Its order book can store and match orders off-chain to speedily handle transactions, and the orders are then moved to an on-chain engine for verification and settlement.

Bluefin prides itself on offering a variety of services to users. The following are the primary ways you can use Bluefin to manage your major assets.

Swapping tokens lets people convert one style of token to another. Bluefin's Swap offers real-time pricing, so users can get the ideal execution prices. It also provides a wide range of token pairs, so users have plenty to choose from. 

Bluefin Perps is the site's perpetual futures trading system. It allows users to trade certain protocols even before their token generation events go live. Bluefin only allows perpetuals for carefully vetted protocols. Therefore, users don't have to be as concerned about 

Bluefin's liquidity pools are a way to help its DEX run more smoothly. Users can choose to temporarily lend their major assets to liquidity pools, so there's always a supply of liquid tokens available to execute trades. Liquidity providers earn rewards in exchange for their participation.

 that gives people both Blue Points and Sui tokens for participating in the Bluefin ecosystem. Reward points are determined based on the weekly amount of fees a user pays. 

 makes it easier for users to move major assets between chains. In addition to cross-chain transfers, 

 also makes it easier to transfer funds between wallets.

Bluefin has spent several years setting up its exchange system and attracting users. Next on the 

 are plans to further enhance its technology. In the near future, the team hopes to allow users to sync their accounts with Google for one-click sign-in. Bluefin is also working on mobile trading and one-click, cross-chain transfers for ecosystem assets.

In the long run, Bluefin aims to add more decentralization to its system. It plans to implement a node network that can maintain the order book in a trustless environment. Bluefin also hopes to launch a 

 (DAO) that’s capable of independently making decisions for its platform. 

 is an event designed to encourage and reward community engagement. Bluefin plans to distribute almost 20% of its crypto token to Bluefin community users. Participants can collect points for the airdrop based on various parameters, such as the duration of their time spent on Bluefin and the number of programs they've participated in.

 to check their eligibility and claim their tokens. Registration for the Bluefin airdrop began in late 2024 and will run through February 2025. 

Bluefin hopes that the BLUE token will be its first step toward true decentralization. Intended to be used as a governance token, BLUE will help manage user incentives and proposal votes. BLUE tokens have a 

 and an initial circulating supply of 150.385 million. The Sui-based token will unlock on a five-year schedule that eventually allows the circulating supply to reach 1 billion as well. All of the tokens will be distributed according to the following design:

Since BLUE first appeared on exchanges, it's experienced some impressive price growth. BLUE tokens initially retailed for around $0.20, reaching an all-time high of $0.8567 by Dec 15, 2024. After the excitement of a sudden price peak, BLUE’s price then stabilized between $0.40–$0.50. Currently, many CoinMarketCap users report 

, with Bluefin’s market cap at around $52 million. Many believe that BLUE may be undervalued, and could rise in price soon. 

How much will Bluefin crypto prices increase? CoinCodex's 

 may more than double within a month, as its trading volume continues to soar to reach at least $1 by January 2025. If BLUE follows a trajectory typical of new cryptos, its price is forecast to keep climbing through March and then stabilize at roughly $1 by the summer of 2025. 

Looking to trade Bluefin tokens? Bybit now offers the BLUEUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Thanks to big price increases, increasing market cap and respectable trading volume, BLUE tokens are a hot commodity on the market right now. If your investment strategy involves buying up-and-coming tokens and quickly selling them, BLUE could be a good short-term investment.

Whether or not BLUE succeeds in the long run is more closely associated with Bluefin’s performance, as opposed to brief market trends. And even though Bluefin looks like a reliable DEX, it has a lot of competition. If the site fails to become the most popular decentralized spot for trading and to further enhance its technology, Bluefin’s crypto could suffer. Therefore, investors need to remain a bit cautious about Bluefin's ecosystem assets. Carefully 

 both market conditions and Bluefin news before purchasing, and try to avoid overextending yourself financially.

Bluefin aims to revolutionize the DEX industry by offering an unparalleled user experience and the best execution prices. However, with so many other similar exchanges being created, Bluefin will have to work hard to distinguish itself in the decentralized derivatives trading market. Only time will tell whether the Bluefin team can deliver on all its promises and capture the attention of DeFi traders.

Intermediate

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Bluefin (BLUE): Surfing the Currents of Cross-Chain Trade

Learn more about DeSci, which aims to democratize access to funding, decentralize decision-making processes and foster innovation in scientific research.

Scientific research has long been the cornerstone of human progress, driving innovation and discovery. However, the traditional model of scientific inquiry often faces various barriers, such as limited funding, restricted access to data and inefficient peer review systems. Enter decentralized science (DeSci)

 to revolutionize the way research is conducted, funded and shared.

In this article, we’ll explore the foundations of DeSci, examine the challenges within traditional scientific research and delve into the workings of decentralized science’s innovative mechanisms, such as tokenized funding, open-access data sharing and blockchain-powered peer review. We’ll also highlight some relevant projects, such as BIO protocol, and discuss the future potential of DeSci.

Decentralized science, or DeSci, is a transformative movement that’s leveraging blockchain technology to address the inefficiencies and exclusivity of traditional scientific research. At its core, DeSci aims to democratize access to funding, decentralize decision-making processes and foster innovation in the way research is conducted, shared and validated.

By introducing mechanisms like tokenized funding through 

 and blockchain-powered data sharing, DeSci empowers researchers, institutions and contributors to collaborate in a more open, transparent and inclusive environment. Unlike conventional systems that rely on gatekeepers (i.e., academic journals and grant committees), DeSci promotes equitable access to resources and ensures that intellectual property rights are maintained through digital assets such as 

. This new paradigm has the potential to revolutionize science, increasing its collaborative aspect and impact on a global scale.

Challenges Within Traditional Scientific Research

The traditional scientific research ecosystem faces numerous challenges that hinder innovation and progress.

These systemic issues not only slow scientific progress, but also perpetuate inequalities in access and opportunity, underscoring the need for a decentralized alternative — hence, the birth of DeSci.

Decentralized and traditional science both aim to advance human knowledge, but their approaches differ significantly.

DeSci leverages blockchain for transparency, ensuring research integrity, while “TradSci” relies on centralized institutions for validation. Accessibility is another key distinction: DeSci democratizes access to knowledge through open platforms, whereas TradSci often imposes paywalls and restricted access.

Collaboration flourishes within DeSci through blockchain-based networks, contrasting with the siloed frameworks of TradSci. Funding models also diverge, as DeSci uses decentralized mechanisms to reward innovation while TradSci depends upon institutional grants, which can be less efficient.

Together, these differences shape distinct pathways for scientific progress.

Funding: DAOs, Tokenization and Crowdfunding

DeSci introduces innovative funding mechanisms that bypass traditional gatekeepers. 

 (DAOs) allow global communities of researchers, patients and investors to pool resources and decide collectively how funds are to be allocated. For instance, 

 focuses on advancing women’s health research, a field that’s historically been underfunded.

Tokenization is another groundbreaking approach. Platforms such as 

use intellectual property represented as non-fungible tokens (IP-NFTs) to fund biomedical research. Researchers can tokenize their projects, offering fractional ownership to investors. Crowdfunding also plays a significant role, allowing scientists to raise capital directly from supporters and democratizing access to funding for research.

These types of models can potentially reduce bureaucracy, empower researchers to maintain control over their projects and ensure that funding aligns with community priorities rather than institutional agendas.

DeSci improves data accessibility through decentralized platforms that prioritize transparency and collaboration. Unlike traditional academic publishing, which often locks research behind paywalls, DeSci ensures open access. Platforms such as ResearchHub (

 Brian Armstrong) incentivize contributions by rewarding researchers with cryptocurrency tokens.

Data-sharing is further enhanced by decentralized storage solutions that securely store and share research data. For example, 

 enables individuals to own their genomic data, advancing medical research while protecting user privacy. This shift not only fosters collaboration across borders, but also reduces the duplication of efforts, which could accelerate scientific discovery.

The traditional peer review system is often slow, opaque and prone to bias. DeSci introduces decentralized platforms on which reviewers are incentivized with tokens, creating a transparent and efficient process. With the leveraging of blockchain technology, peer reviews can be permanently recorded, ensuring accountability and enabling the scientific community to track the quality of research.

These decentralized systems reduce reliance on academic gatekeepers, opening the door for a broader range of contributors and enhancing the integrity of scientific validation.

Intellectual Property Management With NFTs

Last but not least, DeSci uses NFTs to revolutionize intellectual property (IP) management. Through platforms like Molecule’s, researchers can tokenize their work — whether it’s a dataset, patent or publication — into IP-NFTs. These tokens grant creators direct ownership and control over the commercialization of their work, shifting power away from traditional institutions. NFTs also enhance transparency, as ownership and usage rights are verifiable on blockchains. This model incentivizes innovation, while ensuring that researchers are equitably rewarded for their contributions.

Case Studies: Real-World Applications of DeSci

BIO Protocol: Streamlining On-Chain Scientific Ecosystems

 protocol represents a pivotal advancement in the DeSci ecosystem. It’s designed to address inefficiencies in funding and commercializing scientific research. BIO provides a comprehensive framework for biotech DAOs (bioDAOs), enabling seamless capital flow, talent acquisition and IP management within on-chain ecosystems.

By creating efficient markets for intellectual property (IP) generated by bioDAOs, BIO ensures perpetual funding and liquidity for scientific operations. Additionally, it standardizes frameworks, tokenomics and data systems, simplifying scalability for scientific communities. This innovation helps bridge the gap between researchers and investors, fostering an ecosystem in which scientific innovation can thrive. By integrating principles of 

 (DeFi), BIO catalyzes a sustainable economy for groundbreaking research.

VitaDAO: Democratizing Longevity Research

 is at the forefront of decentralized efforts to extend the human life and health span. As the first collective to fund early-stage longevity research, it operates as a bioDAO that pools resources to support projects aimed at combating aging. 

 like Pfizer Ventures and Balaji Srinivasan, VitaDAO has raised $4.1 million to advance its mission.

One of VitaDAO’s core goals is to decentralize access to IP in the biotech world. By challenging the monopolies of traditional pharmaceutical companies, VitaDAO seeks to democratize emerging therapeutics and ensure that life-extending innovations are globally accessible. It funds research projects and helps spin out startups to commercialize these discoveries, offering a decentralized alternative to the monopolistic biopharma system.

, a meme coin on the Solana blockchain, merges the playful appeal of meme culture with serious scientific exploration. Inspired by its namesake compound, an antibiotic with emerging potential in longevity research, the project gamifies life-extension science through the 

In studies, Rifampicin has shown promise by activating cellular defense mechanisms that combat oxidative stress, a key factor in aging. Research using model organisms, such as the 

 nematode roundworm, has linked Rifampicin to improved protein quality and extended life spans. The project leverages Solana’s fast, low-cost blockchain to facilitate token transactions and community participation in gamified experiments.

Rifampicin exemplifies the way DeSci can blend public engagement with serious research by making longevity science more accessible and exciting to a broader audience.

Challenges and Limitations of Decentralized Science

While DeSci holds immense potential, several challenges must be addressed to achieve widespread adoption.

Despite these limitations, DeSci’s potential to revolutionize science remains strong, provided the above challenges are met with strategic solutions and collaboration.

Decentralized science, or DeSci, has the power to redefine the way that research is conducted and valued, in order to create a more inclusive, transparent and efficient system. By merging web3 principles with scientific innovation, DeSci promises to democratize access, enhance collaboration and accelerate breakthroughs in the world of scientific research.

As this movement evolves, hybrid models combining traditional and decentralized systems could emerge, fostering innovation while preserving scientific rigor. DeSci offers an optimistic vision of the future — one in which researchers will be able to collaborate equitably and globally, paving the way for a new era of discovery.

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What Is Decentralized Science (DeSci)?

Memes

Altcoins

Dogelon Mars is an ERC20 meme coin on the Ethereum blockchain that is inspired by Elon Musk's vision of colonizing Mars in its project.

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have captured the attention of cryptocurrency traders and investors in the last two years. The meme trend in crypto started after Tesla owner Elon Musk publicly started tweeting about 

. Since then, many Dogecoin-inspired meme crypto projects have appeared in the market. Dogelon Mars (ELON) is one such project, taking its motivation not just from the popularity of DOGE but Elon Musk himself.

Thus, Dogelon is one of the many meme cryptocurrencies which users can trade or invest in. While ELON isn’t directly related to Elon Musk, his name appears to have inspired many to hold it. As of today, there are over 115,000 holders of Dogelon Mars, with a community of around 550K followers on Twitter.

In this article, we’ll examine what Dogelon is, its unique features, and whether it’s a good investment.

Dogelon Mars is unique in many ways. Its community has earned a reputation for helping victims of crypto scams. The Dogelon Mars community has made it their task to donate ELON coins to victims of cryptocurrency scams to help reduce their losses. The community is also unified in appealing to Elon Musk for support of their project.

, the Dogelon Mars project packs some galactic ambitions. Its stated goal is to become an interplanetary currency that may be used when — hopefully — living beings colonize Mars and beyond. Its immediate goal is to pay for the transport of settlers to Mars.

Colonizing Mars has long been a vision for Elon Musk. Hence, Dogelon Mars creators are directly appealing to Elon Musk with this meme crypto.

There’s also an accompanying comic fantasy story of a dog named Dogelon, which serves as background for the project. The tale begins in the year 2440, when Mars has been recolonized after the first galactic voyage. But the arrival of “the annihilators” is threatening to destroy young Dogelon’s comfortable life on Mars, and he must prepare to face the threat. 

In due course, Dogelon has to travel back in time and space to the planet Earth and start a new voyage that will help everyone “reach the stars.” The official Dogelon Mars website has published several 

Dogelon Mars draws some similarity with Bitcoin and Shiba Inu, as its founders have also chosen to remain anonymous. Moreover, like Shiba Inu, Dogelon Mars creators have gifted 50 percent of the supply of ELON tokens to 

 co-founder Vitalik Buterin, and locked up the rest in a Uniswap liquidity protocol.

Dogelon Mars creators have reinforced that their project isn’t a rug pull by burning the liquidity provider tokens. A 

 is a typical cryptocurrency scam where developers pump up the value of their coin, then abandon the project after withdrawing as much of the asset as they can. However, ELON creators cannot commit a rug pull because they’ve burned the tokens they’d received for depositing their funds into the project.

controls 43% of the total Dogelon Mars cryptocurrency. The Methuselah Foundation received these Elon tokens as a donation from Vitalik Buterin on May 12, 2021. It has vowed to “maximize” ELON’s value so it can contribute to the foundation’s charity works. Buterin has also 

 his remaining ELON holdings to several other charities.

Dogelon Mars is built on the Ethereum blockchain, and works in the same way as any other ERC20 meme coin. It can easily be tracked on any Ethereum block explorer.

The on-chain history of Dogelon Mars shows that the anonymous developers of the coin never conducted a token pre-sale, nor did they give anyone early access to ELON coins before making a public debit.

You can buy ELON on Uniswap and trade your coins for other cryptocurrencies.

Current ELON holders have either purchased the coin on the decentralized exchange, or received them as donations from Vitalik Buterin or other ELON holders.

While the stated purpose of the Dogelon community is to make this crypto an interplanetary currency, the developers haven’t released a white paper or a detailed road map, as is generally done by a crypto project. Rather, they posit a fantasized version of their road map whereby Dogelon Mars keeps growing in value to become a fair universal currency.

The official Dogelon Mars website doesn’t provide much detail about the project or the team behind it. Rather, it presents a number of fictional stories depicted through cartoon strips.

The Dogelon Mars team has several plans to expand their crypto project. In late 2021, they 

 plans to incorporate DeFi and staking opportunities for ELON holders. They intend to introduce xELON, a governance token that will facilitate decision-making and provide incentives in the Dogelon Mars DeFi ecosystem. These xELON tokens would be rewarded to users staking their ELON coins to make the Dogelon ecosystem stronger.

The starting total supply of the project is 1 quadrillion ELONs. As mentioned, while Dogelon Mars developers already sent half of these coins to Vitalik Buterin, the remaining half were permanently locked in a liquidity pool on Uniswap. 

he estimated circulating supply of ELON is currently over 550 trillion. The current market cap of ELON is approximately $146 million. The 24-hour trading volume of Dogelon Mars was approximately $2 million.

Dogelon Mars coin touched its all-time high price on October 31, 2021, reaching $0.00000279. Since then, its price has been seeing a steady drop by over 85 percent to $0.0000002674 today.

Before deciding whether ELON is a good investment or not, it’s important to take a look at its key positive and negative points.

 – On the positive side, ELON has a strongly evolving community that isn’t just interested in its own growth, but also in helping victims of crypto scams in the market. 

 – The mere association of Vitalik Buterin’s name with the project as the recipient of 50% of total supply drives some confidence among investors. Though Buterin has donated most of his ELON holdings, 43 percent of the total supply is still with the charitable Methuselah Foundation, giving a sense of purpose to the community and aspiring investors.

 – The connection with the Tesla/SpaceX CEO through the use of his name, as well as the billionaire’s affinity for all things meme coin and Mars, also give investors some confidence in this coin.

 – On the negative side, however, there is no actual utility for ELON. The project's dream of becoming an intergalactic currency is also far-fetched, considering it’s not even a planetary currency as of now. Thus, you cannot use this cryptocurrency for payments — even on Earth. 

– There is as yet no clear road map, either. The project appears simply to be banking on the hype surrounding meme cryptocurrencies. In the absence of a public white paper listing clear goals, Dogelon Mars is clearly a risky bet for anyone.

– The number of ELON in circulation is very large. It’s unlikely to reach a significant price point in the future. Currently, users can only buy and hold ELON in a crypto wallet. At this point, there’s nothing else they can actually do.

Whether or not to buy Dogelon Mars depends upon your appetite for risk.

Cryptocurrencies are considered very risky for investment purposes. Cryptos with no utility and clear goals are considered even riskier.

When it comes to Dogelon Mars, everything about the project comes across as vague, apart from the obvious ticker name — ELON. The project’s developers are trying to bank on this name recognition (despite remaining anonymous themselves).

Crypto investment experts often suggest that in order to avoid future shocks, one should always invest in projects that are ranked higher and have some utility. As of now, ELON has no practical utility, apart from its lofty dream of becoming an intergalactic currency in the future.

For a conservative crypto investor with less risk appetite, large public blockchain projects like Bitcoin and Ethereum may be more appropriate for investment. There are several other large-scale projects with significant use cases and potential for long-term value creation.

 are keeping investors away for the time being. There’s an overall sentiment of “extreme fear” in crypto markets, resulting in a precipitous fall in price for almost every crypto. The price of ELON has also fallen by over 25 percent in the past 30 days. 

However, considering the fact that Dogelon Mars packs some significant memeable features — the dog meme, Mars exploration, and the Elon angle — its price may appreciate when the overall crypto market improves and investors’ risk appetites rebound. In a bear market, however, ELON may not be a good choice for investors.

Building a social media community, harping on buzzwords like dog and Elon Musk, and promising price reach to the moon have been the typical playbook copied by scores of meme crypto projects ever since the rise of Dogecoin. 

However, not all of these projects have been successful in making their investors rich. ELON appears to be one of these as of now. It’s currently indistinguishable from hundreds of other such meme cryptocurrencies already in circulation. In fact, many of these have proven to be scams.

Several meme projects continue to boast of strong backing communities. But their prices haven’t appreciated as hoped after the rise of DOGE and Shiba Inu. Even if it turns out not to be a scam, Dogelon Mars seems to be one of the many dog-themed meme coins that may meet a similar fate as the projects that have come before them.

What Is Dogelon Mars? The Humanitarian ELON Coin

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards