A trillion $ELON has been destroyed, and the old meme Dogelon Mars is coming again?

Dogelon Mars is an old meme that rose to prominence in the last Bull Market with the meme frenzy led by DOGEE and ShiB. Dogelon Mars remembers that it was named after TSL founder Elon Musk Crypto Assets "DOGE Elon Mars coin", which created the myth of pump more than 4,000% in a month, which also increased its market capitalization from the original $26 million to $1.4 billion, making it one of the top 100 Crypto Assets in the world. SINCE THEN, WHEN MUSK TWEETS RELATED TO AEROSPACE AND DOGE MEME ON TWITTER, $ELON WILL USHER IN ROUND AFTER ROUND OF PUMPING.

Recently, with the advent of the encryption market Bull Market, a new round of meme season has hit, and $ELON has once again ushered in a new round of market sentiment. And $ELON is also ushering in a new round of market Favourable Information, and now its DAO community has passed and executed a new voting proposal, which is to burn 1 trillion $ELON Token, which also makes the $ELON community and investors boil again, and is full of expectations for the follow-up market performance of $ELON.

The burning of $ELON Token is driving the deflation of $ELON and significantly reducing its Circulating Supply in the marketplace, and greatly boosting users' confidence in Dogelon Mars.

At present, $ELON Token is in a state of deflation, its total amount is 1 k trillion, it has been burned long times, and the current Circulating Supply is about 500 billion yuan, and the current market capitalization has come to 155 million dollars. $ELON currently has a very high user reach, and it is supported by transactions on more than 40 platforms, including Gate.io, which is one of its great advantages compared to other meme Token.

Recently, the Solana meme assets are triggering a new round of fear of missing out (FOMO), including BOME, which is more than 1700 times in pump, and PUNKAI, which is 2000 times+, etc., and under the Bull Market of earth dogs, the vast majority of long memes do not have staying power. Comparatively speaking, the narrative shorts of the old meme is larger and stronger, and $ELON is still undervalued compared to DOGE with a market capitalization of $20 billion and ShiB with a market value of $16 billion.

For $ELON, the burn is the beginning of the Favourable Information, and the follow-up community is planning more long Favourable Information. In the long run, imagine if $ELON does become one of the coins used in future shorter exploration and lunar missions, then its current value may only be the tip of the iceberg.

(Data source: project dynamics)