• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How Degen Elon Could Replicate the Success of Shiba Inu and Dogecoin

user avatar

by Giorgi Kostiuk

9 months ago

A new memecoin on the Solana blockchain called Degen Elon (ELONDEG) has launched today, with a potential price gain of 19,000% in the coming days.

Launch of New Memecoin Degen Elon

Today marks the launch of a new memecoin, Degen Elon (ELONDEG), on the Solana blockchain. Reports suggest its imminent listing on various crypto exchanges, which could trigger a rapid price increase.

Prospects and Potential Growth

The anticipated price surge is attributed to the exposure to millions of new investors following its listing. This could lead to significant price growth, akin to what occurred with Shiba Inu (SHIB) and Dogecoin (DOGE).

Current Investment Opportunities

Currently, Degen Elon is available for purchase only on Solana decentralized exchanges like Jup.ag and Raydium.io. Early investors can expect substantial returns due to the liquidity exceeding $9,000.

Despite lacking intrinsic value or utility, Degen Elon is attracting investors seeking high returns. Success could create new waves of memecoin millionaires.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cryptocom Partners with Travel Wallet to Launch Global Crypto-Fiat Card and KRW Stablecoin

chest

Cryptocom has partnered with Travel Wallet to launch a global crypto-fiat card and a Korean won-pegged stablecoin, enhancing digital asset integration in mainstream payments.

user avatarMiguel Rodriguez

Chainlink's Development Activity Highlights Growing Demand for Oracle Solutions

chest

Chainlink's network development activity ranks among the top 10 real-world asset projects, reflecting the growing demand for oracle solutions.

user avatarLuis Flores

Aave's Expansion in the Crypto Economy

chest

Aave's market influence is reflected in its esteemed $36 billion market cap and multichain asset support. The platform's technological advances and careful management are expected to drive the DeFi industry further.

user avatarMaria Gutierrez

Aave Surpasses $25 Billion in Lending Portfolio

chest

Aave has achieved a significant milestone with its loan portfolio now surpassing $25 billion, accounting for 82% of all DeFi lending market debt on Ethereum.

user avatarArif Mukhtar

400 Million Theft Prompts Overhaul of DeFi Security Measures

chest

The recent theft of over 400 million in crypto assets has prompted wallet providers and exchanges to implement security patches to address vulnerabilities in DeFi protocols.

user avatarDavid Robinson

ProShares Seeks SEC Approval for CoinDesk Crypto 20 ETF

chest

ProShares has filed for the ProShares CoinDesk Crypto 20 ETF to be listed on the NYSE, aiming to track the CoinDesk Crypto 20 Index and provide exposure to the top 20 digital assets.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.