Dogelon Mars (ELON) is an Ethereum-based dog memecoin launched in April 2021 — combining the cultural signals of Dogecoin (dog theme), Elon Musk (whose tweets drove DOGE price), and Mars (Musk’s SpaceX goal) — with a 1 quadrillion token supply and no official development team, notable primarily for the unexpected circumstance that Ethereum co-founder Vitalik Buterin received 50% of the total supply (500 trillion ELON) as an unsolicited airdrop from the project’s creators following his donation of the Shiba Inu tokens he had received in a similar fashion, and subsequently donated the Dogelon Mars tokens to the Methuselah Foundation (a longevity research charity) rather than selling them, giving ELON tokens an unusual philanthropic history that aided its marketing narrative.
| Stat | Value |
|---|---|
| Ticker | ELON |
| Price | $0.00 |
| Market Cap | $40.70M |
| 24h Change | +1.3% |
| Circulating Supply | 1000000.00B ELON |
| Max Supply | 1000000.00B ELON |
| All-Time High | $0.00 |
| Contract (Ethereum) | 0x761d...60f3 |
| Contract (Fuse) | 0x5dd8...e0a9 |
| Contract (Cronos) | 0x02dc...6ff3 |
| Contract (Solana) | 7ZCm8W...gtD5 |
| Contract (Binance Smart Chain) | 0x7bd6...2540 |
| Contract (Polygon Pos) | 0xe033...4cdf |
How It Works
- ERC-20 meme token — ELON is a straightforward ERC-20 token on Ethereum (also bridged to Polygon). No staking, no governance, no utility — pure speculative asset.
- Hyper-diluted supply — 1 quadrillion (10^15) ELON total, similar to Shiba Inu’s design. The extreme supply means prices are quoted in fractions of a cent, making the token feel “cheap” to retail buyers who prefer whole-number psychology.
- Vitalik Buterin donation mechanism — 50% of supply (500 trillion ELON) was initially sent to Vitalik Buterin’s known Ethereum address, following a similar pattern as Shiba Inu. Buterin donated the ELON to the Methuselah Foundation, not burned them. The Methuselah Foundation sold these tokens over time to fund longevity research.
- Community governance — Dogelon Mars has no formal protocol governance. Community activity is primarily on social media.
Tokenomics
| Parameter | Value |
|---|---|
| Ticker | ELON |
| Total Supply | 1,000,000,000,000,000 (1 quadrillion) |
| Ethereum contract | 0x761D38e5ddf6ccf6Cf7c55759d5210750B5D60F3 |
| Launch | April 2021 |
| Vitalik Buterin donation | 500 trillion ELON → Methuselah Foundation (longevity research) |
Use Cases
- Speculative trading — Dogelon Mars has no functional utility; it is a purely speculative meme asset.
- Dog coin collectible — Held by dog coin enthusiasts as part of the broader dog coin cultural ecosystem.
History
- 2021-04-27 — Dogelon Mars launches on Ethereum. The anonymous creators send 50% of ELON to Vitalik Buterin’s public Ethereum address (the same strategy used by Shiba Inu’s creators, hoping Buterin would burn or donate).
- 2021-05 — Vitalik Buterin acknowledges receiving ELON and the SHIB tokens. He donates the ELON (worth approximately $430,000 at the time) to the Methuselah Foundation, a longevity research non-profit. This donation generates significant media coverage and accidentally provides Dogelon Mars a legitimate philanthropic narrative.
- 2021-05 to 2021-10 — Dogelon Mars rides the memecoin wave alongside Shiba Inu, FLOKI, and other dog coins. ELON peaks at approximately $0.000002 per token — a small fraction of a cent but representing a large market cap given the 1 quadrillion supply.
- 2022–present — Dogelon Mars trades at a small fraction of its peak value. The token maintains a community of holders and continues listing on major exchanges. The Methuselah Foundation periodically sells ELON tokens from its donation to fund research.
Common Misconceptions
“Dogelon Mars is affiliated with Elon Musk.”
Dogelon Mars has no affiliation with Elon Musk, SpaceX, Tesla, or any Musk entity. The name and ticker reference Musk culturally without any endorsement.
“Vitalik Buterin supported Dogelon Mars.”
Buterin donated the ELON tokens he received to charity rather than burning them — effectively endorsing the donation recipient (Methuselah Foundation) rather than Dogelon Mars itself. This is distinct from active support for the project.
Social Media Sentiment
Dogelon Mars maintains a niche but dedicated dog coin community. The Vitalik Buterin donation story is its most frequently cited talking point. The token has no active development and no utility roadmap. It is held primarily by dog coin enthusiasts and speculative retail traders in the memecoin ecosystem.
Last updated: 2026-04