Dogelon Mars (ELON) is a popular memecoin. Its name is an homage to both Dogecoin, the original crypto memecoin, and entrepreneur Elon Musk’s vision of colonizing Mars.
The founders of Dogelon Mars originally locked 50% of all the ELON liquidity in a Uniswap liquidity pool. The other half was donated to Vitalik Buterin, co-founder of Ethereum, who then sent the donated ELON to various DAOs and foundations. Current token holders have either purchased the asset on a cryptocurrency exchange or received them as a donation from Vitalik Buterin. The coin has a max supply of 1 quadrillion (1,000,000,000,000,000).
Crypto for Good: Dogelon’s Charitable Impact
When Ethereum co-founder Vitalik Buterin received half of the supply of Dogelon Mars (ELON) as a gift, he then gifted it to a biomedical charity, the Methuselah Foundation.
Vitaliks’ donation is one of the most widely-known examples memecoins being used in crypto philanthropy.
