Dogelon Mars (ELON) is a meme coin inspired by Dogecoin, Shiba Inu, and billionaire Elon Musk. It is created on Ethereum and Polygon, and the name is a mash-up of “Dogecoin” and “Elon,” with a Mars twist,

Musk is out of DOGE, analysts say he might pump Dogecoin again. Plus what do crypto futures and prediction markets tip will happen next?

Dogecoin [DOGE] rebounded from the $0.1727 support and was trading at $0.1992, at press time, logging a 2.97% daily gain. This rise follows Elon Musk’s unexpected apology to Donald Trump, a political moment that stirred social buzz but has not translated into a full-blown rally.

Dogecoin price skyrocketed after Elon Musk’s surprise apology to Trump amid fresh ETF optimism for the crypto market's leading meme coin.

A recent and significant development introducing substantial risk to Dogecoin's near-term prospects is the political fallout between Elon Musk and President Donald Trump. Musk's public criticism of Trump's fiscal policies has led to escalating tensions, with Trump reportedly threatening retaliation against Musk-affiliated companies.

Dogecoin price movement shows a 3% rise after Musk's Trump apology, but retail traders remain cautious, raising doubts about a sustained breakout.

A lot of that value was created on the back of Elon Musk's support, which has been ongoing since 2019. In fact, Dogecoin's most recent rally was sparked by Musk's involvement in the Trump administration, where he temporarily ran an external government agency with a name that references the meme token.

TL;DR: Dogecoin could still move higher in the short term—but its path to $1 is steep. Kangamoon, meanwhile, is scripting its own success story with real game mechanics and incentive structures. For investors navigating meme coin enthusiasm,

Dogecoin nears key support at $0.16 after a sharp drop. Will bulls protect this level or is more downside ahead.

Dogecoin ( DOGE 0.74%) was one of the most successful cryptocurrencies last year, as it gained over 250% and hit its highest price since 2021. The meme coin has erased some of those gains in 2025, as it's currently down 45% on the year.