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How to Buy Dogelon Mars (ELON) from Start to Finish

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Have you heard the buzz around the new meme coin Dogelon Mars (ELON) and want to get in on the action? Or maybe you just want exposure to the newest crypto asset before it potentially “goes to Mars”?

Either way, I’ve got you covered. As a cryptocurrency investor and social media advisor myself, I’m going to walk you through exactly how to buy ELON tokens step-by-step from start to finish.

I’ll also share my perspective on why now is the time to pay attention to this nascent project, and how I evaluate emerging cryptos like ELON as an investor constantly looking for 100x opportunities.

So strap in and get ready to learn all there is to know about buying your first Dogelon Mars! 🚀

Overview: What is Dogelon Mars (ELON) and Why Should You Care?

Before we jump into the purchasing process, let me give you some key background on what exactly Dogelon Mars is and why it‘s getting attention.

Dogelon Mars (ELON) is a decentralized, Ethereum-based cryptocurrency token inspired by Dogecoin. According to the developers:

“The goal of ELON is to become the first interplanetary currency once Mars is inhabited by humans. It will undo the damage done on earth by scammers and bring forth a new currency to rule Mars!"

In plain English, the idea driving this meme coin’s creation is establishing ELON as the dominant currency used on Mars as it becomes colonized in the future.

The name itself is a mashup referencing Dogecoin, Elon Musk (who wants to colonize Mars), and well…Mars!

Some key facts on ELON include:

  • Launched April 2021 after a fair token distribution
  • Current circulating supply is 1 quadrillion tokens
  • Over 50% of supply burned to Vitalik Buterin’s wallet
  • Ranked #302 with $589 million market cap at time of writing

So why pay attention to some weird meme coin with Mars ambitions?

A few reasons why I think ELON in particular stands out:

Huge Growth Potential Due to Speculation

While ELON is purely speculative at this phase, the meme culture surrounding it provides massive upside if it catches on.

We’ve seen other meme coins like DOGE explode based solely on community momentum and speculation before development. ELON could follow a similar trajectory if it starts going viral.

And with such a low price right now, getting exposure does not take much investment capital.

The “What if…” factor alone piques my interest as an investor.

Backing of Key Crypto Figures

Rumors are swirling that ELON has received backing from major players like legendary crypto investor Mike Novogratz.

Figures like Novogratz could draw more attention and investment to ELON down the line. More endorsements will only further boost upside potential.

Surging Social Growth Signals Interest

While the market cap and volume are still low, interest in ELON is picking up steam rapidly.

Dogelon Mars has seen parabolic growth on social media in 2021, with over 186,000 followers now on Twitter as interest in the project begins to gain traction globally.

Image showing Twitter account stats for Dogelon Mars

Rising social metrics suggest this is a community and project starting to resonate more with investors. Usually social activity surge precedes major price movement.

Now let’s get to the good stuff…

Buying ELON in 5 Simple Steps

To purchase Dogelon Mars tokens, we’ll need to connect a crypto wallet, buy Ethereum to swap, and use a decentralized exchange to trade ETH for ELON.

Specifically, we will:

  1. Set up Trust Wallet
  2. Purchase ETH on Binance
  3. Transfer ETH to Trust Wallet
  4. Connect Trust Wallet to Uniswap DEX
  5. Swap ETH for ELON on Uniswap

Let’s dive into each step more in depth so you understand the full process…

Step 1. Download Trust Wallet

First things first, you’ll need to download a crypto wallet that supports ERC-20 tokens like ELON.

I recommend using Trust Wallet for buying small cap cryptos.

Trust Wallet is a secure, mobile Ethereum wallet that allows you to store, send, and receive tokens easily.

Make sure to safely back up your recovery phrase during setup, as this functions as your private keys to access funds. Keep it offline somewhere secure like a safe or encrypted USB drive.

Once you’re set up, Fund your wallet with ETH so you can swap for ELON later. Which brings us to step two…

Step 2. Buy Ether (ETH) on Binance.com

Since we need ETH to exchange for ELON currently, you’ll have to purchase some first using fiat USD funds.

You can buy crypto on Trust Wallet but the fees are outrageous. I recommend a traditional exchange instead.

I highly suggest using Binance to buy your crypto when starting out.

  • Low 0.1% trading fee vs 5%+ on Trust Wallet
  • Easy fiat onramping with card or wire transfer
  • High liquidity to fill big orders fast

Below outlines exactly how to buy ETH on Binance in minutes:

  1. Register an account
  2. Verify your identity
  3. Deposit USD, EUR or GBP fiat currency
  4. Navigate to ETH/USDT or ETH/BTC markets
  5. Trade your fiat or BTC for ETH tokens

Once you’ve purchased your Ether tokens, withdraw them to your connected Trust Wallet address using the ERC20 network. This brings us to step three…

Step 3. Transfer ETH from Binance to Trust Wallet

Now we have our stack of ETH!

Time to send it over to Trust Wallet where it can be swapped decentralized for our precious Dogelons…

  1. Tap “Wallet” then select your ETH wallet
  2. Tap “Withdraw” and paste your Trust Wallet ETH address
  3. Make sure Network = ERC20
  4. Input ETH amount to withdraw
  5. Tap “Submit” and confirm the transaction

Funds will show up in your Trust Wallet, ready to use within 5-10 minutes.

Step 4. Connect Trust Wallet to Uniswap DEX

With our ETH now safely stored in our wallet, we need to hook into Uniswap, a decentralized exchange protocol built on Ethereum that allows us to easily trade token pairs without a middleman or account.

Think of it like a crypto vending machine – put in one token, get out a different one!

Here’s how to access Uniswap through Trust Wallet’s DApp browser:

  1. On Trust Wallet, tap the “DApps” icon at the bottom
  2. Search and select “Uniswap” from the Decentralized Apps list
  3. A browser window for Uniswap will load ready to connect

We’re now all set to complete our ELON purchase!

Step 5. Swap ETH for ELON on Uniswap

The moment we’ve been waiting for. Time to exchange our ETH for sweet Dogelon! 🦮🌎

Follow these last steps to wrap up converting to ELON:

  1. In Uniswap, make sure ETH is selected as the “From” token
  2. Click “Select a token” and search 0x761d38e5ddf6ccf6cf7c55759d5210750b5d60f3 to import ELON
  3. Input your amount of ETH to swap
  4. Hit the Trade Button!
  5. Confirm the transaction in your wallet browser

If successful, your new ELON balance will show in your Trust Wallet almost instantly!

Congrats, You Officially Own Dogelon Mars! 🎉🎊

And that’s all it takes my friend! You now own an asset with huge potential upside if this meme coin takes off.

Who knows, maybe those ELONs help fund your first Mars space vacation someday! 🛸

For more info on the Dogelon Mars project and community, checkout their site Dogelon.io and join their Telegram group.

Want to go even more in depth on crypto investing from an expert? Subscribe here to get my latest money tips and insights right to your inbox.

Good luck on your crypto journey! Here’s to life-changing wealth and Mars colonization! 🥂