Dogelon Mars Soars in Popularity as Bitcoin Whale Activity Declines
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Shiba Inu competitor Dogelon Mars (ELON) is skyrocketing in social media mentions according to crypto analytics firm Santiment.
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Santiment data shows 62% of discussion about ELON is positive, with 19% negative and 19% neutral.
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ELON's name comes from a mashup of Dogecoin and Elon Musk, who supports Dogecoin.
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ELON is up 5% this week to $0.000000132, currently ranked 296th in market cap at $73 million.
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Bitcoin whale transactions above $1 million have declined significantly since July when BTC crossed $30,000, per Santiment data.