Dogelon Mars
ELON
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Dogelon Mars (ELON) presents a weak overall profile across core evaluation categories, resulting in a weighted score of 3.3/10. Active development is sluggish (2.5/10), with verifiable shipping slowing in mid-2025 and incomplete roadmap goals like xELON governance. Community engagement is minimal despite a large holder base (3.0/10), evidenced by vestigial forum activity and low relative transfer volume. Tokenomics (3.5/10) suffer from massive 1-quadrillion token supply, substantial concentration overhang in the Methuselah Foundation holdings, and narrative-dependent demand, alongside a spot trading delisting on Bybit in June 2026. The market and use case (2.5/10) remain purely speculative as an ERC-20 meme token competing against dominant assets like DOGE and SHIB, trading over 98% below its peak. Team transparency is absent (3.0/10) due to anonymous creators, although governance forums and institutional stewardship exist. Security (5.5/10) reflects a baseline preliminary Hacken audit on the token contract with no verified smart contract exploits or rug pulls on record. No fatal qualifying red-flag event caps the score further, as the calculated weighted average inherently places the asset at 3.3/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Dogelon Mars (ELON)
Dogelon Mars (ELON) is a dog-themed meme cryptocurrency launched anonymously in April 2021. Primarily created as an ERC-20 token on Ethereum—with bridged deployments on Polygon PoS, BNB Smart Chain, Cronos, Fuse, and Solana—the project draws its thematic branding from internet meme culture, Elon Musk, and space exploration. The token was launched with a fixed total supply of 1 quadrillion, with 50% sent to Ethereum co-founder Vitalik Buterin (who subsequently donated the allocation to the Methuselah Foundation) and the remaining 50% placed into a Uniswap liquidity pool where the liquidity provider tokens were burned.
The project's functionality is driven primarily by speculative market interest rather than technical utility. Ecosystem initiatives include the Rufus Chain, an Arbitrum Nitro Layer 2 network launched in 2025 featuring permanent gas fee burns, as well as an xELON staking and governance token. Community discussions and early-stage governance proposals are hosted on a dedicated discourse forum, alongside institutional stewardship by the Methuselah Foundation. However, on-chain governance control remains limited, and verifiable development progress on secondary roadmap initiatives slowed significantly following mid-2025.
Dogelon Mars has experienced significant market contractions, trading roughly 98.7% below its peak valuation, alongside reduced liquidity events such as Bybit delisting ELON spot trading in June 2026. The project carries structural risks related to its anonymous creators, lack of an official technical whitepaper, and supply overhang from concentrated holdings. On the security front, the ELON smart contract underwent a preliminary code review by Hacken in December 2023, and the token contract has maintained a clean security record with no confirmed hacks, smart contract exploits, or rug pulls.