The ELON token on the Solana blockchain has gained attention as a meme coin inspired by Elon Musk. With its contract address 2Eeyhmt8VRxv6eHgTZ9gStUoAPL78R2WQVHipywazbup, this token operates within Solana's fast and low-cost ecosystem. Unlike Dogelon Mars (ELON) on Ethereum and Polygon, this Solana version is distinct in its address and market behavior.
What Is the ELON Token on Solana?
The ELON token is a meme coin leveraging internet culture and Elon Musk’s influence. Key details:
- Symbol: ELON
- Contract Address: 2Eeyhmt8VRxv6eHgTZ9gStUoAPL78R2WQVHipywazbup
- Blockchain: Solana (SPL token standard)
Characteristics:
- Primarily speculative, traded on Solana DEXs like Raydium and Jupiter.
- No confirmed utility or link to dApps/NFTs.
- Lacks official documentation (whitepaper, website).
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Market Status and Trading Data
- Circulating Supply: ~9.95B ELON (unverified).
- Market Cap: ~$1.3 (reported May 2025).
- Volatility: Extreme price swings common in Solana meme coins (e.g., Bonk, Vine Coin).
Trading Tips:
- Check liquidity pools before trading.
- Use tools like DEX Screener for real-time data.
Technical Overview: How ELON Works on Solana
- SPL Token Standard: Ensures compatibility with Solana wallets and DEXs.
- Mint Account: 2Eeyhmt8VRxv6eHgTZ9gStUoAPL78R2WQVHipywazbup stores total supply and minting authority.
- Proof-of-History (PoH): Solana’s unique consensus enhances speed and low costs.
Community and Social Hype
- Social Media: Promoted on X (Twitter), Telegram.
- Anonymous Team: No verified developers, increasing scam risks.
Critical Risks
- Volatility: Prices can crash abruptly.
- No Utility: Purely speculative.
- Unverified Status: Flagged as high-risk on Phantom Wallet, CoinMarketCap.
- Anonymity: Potential rug pulls.
- Regulatory Risks: SEC scrutiny on Solana tokens.
Research Tools
| Tool | Purpose | Link |
|---|---|---|
| Solscan | Token analytics | Solscan.io |
| DEX Screener | Real-time trading data | DEX Screener |
| GMGN.AI | Meme coin analytics | GMGN.AI |
👉 Learn how to spot high-potential meme coins
FAQs
Q: Is ELON on Solana the same as Dogelon Mars?
A: No. Dogelon Mars (ELON) exists on Ethereum/Polygon; this is a separate Solana token.
Q: How do I buy ELON?
A: Trade on Solana DEXs (e.g., Raydium) using a Solana wallet like Phantom.
Q: What’s the biggest risk?
A: Anonymity and lack of utility make it prone to scams.
Final Thoughts
The ELON token exemplifies high-risk, high-reward meme coin dynamics. Key steps:
- Verify the contract address.
- Assess liquidity before trading.
- Use analytics tools (GMGN.AI, Solscan).
Disclaimer: Not financial advice. Cryptocurrencies are volatile—invest responsibly.
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- ELON token
- Solana meme coin
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- Meme coin risks
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- Solana DEXs
- Rug pull risks