Feb 2
What is ElonGate Crypto?
ElonGate, a newer cryptocurrency, acquired popularity quickly. Crypto started as a meme and evolved from there. Elon Musk tweeted it. He tweeted that any incident involving him should be labeled “ElonGate,” hence the crypto’s name. A fan immediately began working on ElonGate after the tweet.
Pancakeswap listed Elongate as $0.000000084 in April’ 21. The token peaked at $0.000001000 on 4/21. Since trading began, the token returned 1,200%. Since then, it has returned to $0.00000080, 10 times the first trading price. These tokens are highly volatile investments.
ElonGate, a Binance Smart Chain BEP-20 coin, is equivalent to an Ethereum ERC-20 token. Binance Smart Chain replaces Ethereum. Since Ethereum has hefty gas expenses, this is suitable for low-income investors.
ElonGate shares token economics with SafeMoon. Both tokens have large maximum supplies. SafeMoon has 640 trillion tokens, ElonGate 600 trillion. This compensates for 400 trillion tokens burned.
Thus, ElonGate remains below a penny. Tokens are burned when investors sell. Fees will also go to charity. Thus, community-selected charities will receive token revenues.
How to Buy ElonGate
Since ElonGate is based on BNB blockchain, it can be bought using the steps outlined in our guide “How to buy any coin on BNB Blockchain”
Exchanges that ElonGate is available for trading are:
- PancakeSwap
- MEXC Global
Token address: 0x2A9718defF471f3Bb91FA0ECEAB14154F150a385
Conclusion
Pancakeswap makes buying ElonGate tokens easy. Elon Musk’s remark made the token a joke, yet it became one of the most popular and convenient tokens on the market. If traded, it may increase much more.
ElonGate purchases require a Binance account and a crypto wallet. U.S. citizens may need a few days to create a Binance account, but others can buy ElonGate immediately.
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