An article about the issuance price and total issuance of ELON coins

ELON Coin debuted in 2021 at 0.000025 ETH per coin, with a colossal issuance of 1 quadrillion ELON, tapping into the Dogecoin-inspired "cryptocurrency meme" craze.

Oct 02, 2024 at 04:41 pm

ELON Coin Issuance Price and Total Issuance

ELON Coin, inspired by Elon Musk and Dogecoin, was launched on April 24, 2021, as a decentralized cryptocurrency functioning on the Ethereum blockchain.

1. Issuance Price:

• 0.000025 ETH per ELON Coin

2. Total Issuance:

• 1,000,000,000,000,000 ELON Coins

Tokenomics:

• 10% Redistributed to holders as passive income
• 10% Burned, effectively reducing supply
• 80% Added to liquidity pool, ensuring market stability and price support

Initial Coin Offering (ICO):

• None conducted

Distribution:

• Presale: 40%
• Private sale: 30%
• Airdrop: 20%
• Liquidity pool: 10%

Present Value:

As of February 28, 2023, ELON Coin is trading at approximately $0.0000004 USD.

Conclusion:

ELON Coin was issued at a price of 0.000025 ETH per coin, with a total issuance of 1,000,000,000,000,000 ELON Coins. Its inception leveraged the "cryptocurrency meme" trend, particularly the popularity of Dogecoin, to attract early investors. Despite fluctuations in market value, ELON Coin remains an active cryptocurrency with a dedicated community.