Dogelon Mars (ELON) is another DOGE-inspired meme coin that is being speculated to mimic Shiba Inu’s (SHIB) 49,000,000% price surge in 2021. Riffing on various popular themes, it makes reference to Mars, a play on the popular moon meme, and implies that ELON will skyrocket. The meme coin has also amassed a sizable following, with over 300,000 Twitter followers and more than 84,000 Telegram followers. Despite only launching in April 2021, ELON experienced a 4000% price jump last October, and is expected to continue appreciating throughout 2022.
