Stock Groups

Elon Musk-named memecoin ‘Dogelon Mars’ gains nearly 4,000% in October -Breaking

[ad_1]


So-called meme cryptocurrency, named Tesla (NASDAQ:), and SpaceX CEO Elon MuskThe value of the currency is on the rise, with a staggering 3,780% increase in October.

Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday — its highest level since May 13 — after opening the month at $0.00000005 (data from Poloniex).

Daily price chart for ELON/USDT showing its highest point. Source: TradingView
The top meme cryptocurrencies based on market capital Source: CoinMarketCap
Hourly chart for ELON/USDT featuring bull flag Source: TradingView