ElonJet token is on a surge for the past 24 hours leading to a worldwide trend in the cryptocurrency world. It is one of the fastest rising coin in the digital currency terrain, which a lot of investors have singled for research. Most often, these tokens are usually weak to invest hugely on, as a result, a lot of money have been gained and also lost depending on the legitimacy of the project. This review will guide you and explain ElonJet in a way you will understand.
For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, you will want to learn more about this token for FOMO. On this article, we will review ElonJet by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investors.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is ElonJet?
ElonJet is a community focused, fair launched DeFi token born on the Binance network. Using ADS-B data from ADSBExchange, Elon’s fans can actively track his private Gulfstream G650 jet flights around the world, one day at a time. ElonJet is the native cryptocurrency underlying a multifaceted, community-centric ecosystem that aims to bring the satire of tracking the richest individual on the planet’s private aircraft into the crypto world.
The token acts as an autonomous yield and liquidity generation protocol that aims to directly reward its holders whilst simultaneously increasing liquidity. As a result, ElonJet has a permanently increasing price floor allowing all token investors to earn residual income, just for holding.
As an open source peer-to-peer digital token, ElonJet has been constructed with a deflationary structure.
There are 360.00B ELONJET in supply.
Pros and Cons of ElonJet
Pros of ElonJet
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of ElonJet
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Unavailability of project whitepaper
- Not listed on exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is ElonJet Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, ElonJet have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.
Is ElonJet Safe?
Being willing to invest in the token is a question entirely up to you to answer. The token with a weak backup, will likely succeed or not depending on whether the project team puts in an effort to sustain the project.
Make personal research on the coin, visit coin’s official website.
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