#### What is Dogelon Mars? Dogelon Mars (ELON) is a dog-themed meme coin that operates on the [Ethereum](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum) and [Polygon](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/polygon-) blockchains. It draws inspiration from other successful dog coins such as [Dogecoin](https://www.coinbase.com/learn/crypto-basics/what-is-dogecoin), Shiba Inu, and Floki Inu. The name Dogelon Mars is a playful blend of Dogecoin and Elon Musk, hinting at the potential for significant upward movement. The coin has built a substantial community, and its total supply is 1 quadrillion ELON [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token). Half of these tokens were sent to Ethereum founder Vitalik Buterin in an attempt to burn them and effectively remove them from circulation. #### How does Dogelon Mars work? Dogelon Mars operates as an [ERC-20](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/what-is-erc20) token on the Ethereum and Polygon blockchains. Ethereum's proof-of-[stake](https://www.coinbase.com/learn/crypto-basics/what-is-staking) [consensus mechanism](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/consensus-mechanism-protocol) requires [validators](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/validator-) to stake 32 Ether to process transactions, store data, and add new [blocks](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/block) to the Ethereum [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain). The Ethereum blockchain is secured by a set of decentralized nodes that validate transactions. Polygon, on the other hand, is a layer-two scaling solution for Ethereum that allows for increased transaction throughput, eliminating [gas](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/gas-fee) wars on Polygon. Dogelon Mars does not have a traditional roadmap but instead uses a comic story featuring Dogelon, the dog giving the coin its name, as a backdrop for its coin. #### What are the potential use cases for Dogelon Mars? Dogelon Mars primarily serves as a meme coin, with its main utility being the ability to purchase and hold it in a [wallet](https://www.coinbase.com/learn/crypto-basics/what-is-a-crypto-wallet). The coin's name, which combines several meme-worthy elements (Elon Musk, Doge, Moon/Mars), suggests that Dogelon Mars could appreciate rapidly if the overall [cryptocurrency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) market appreciates and the risk appetite for meme coins increases. However, it's important to note that the crypto space is unpredictable, and while the coin may appreciate, it's unlikely to hit $0.01 due to its artificially high supply. #### What is the history of Dogelon Mars? The founders of Dogelon Mars remain unknown, a common occurrence for meme coins. Despite this, ELON has been on the market for several months, reducing the likelihood of the coin being a scam. The coin uses a humorous comic story of Dogelon exploring the galaxy and seeking to recolonize Mars as a background for its coin. Several short comics published on the coin's website follow Dogelon on his adventures to Mars. The total supply of ELON is 1 quadrillion, with 50% of all ELON tokens sent to Vitalik Buterin, the founder of Ethereum, in an effort to burn the tokens and remove them from circulation.