Elemon Review - Is Elemon Legit or Scam

Elemon 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 Elemon 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 Elemon 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.

About Elemon

What is Elemon?

Elemon hosted on BSC – is a platform that features tokenized Digital creatures in a virtual universe. This leverages the unique feature of Non-Fungibility that ERC-721 offers. ERC721 is a standard for representing ownership of non-fungible tokens, this implies that each token is unique such as in collectibles or real estate.

Elemon aims to be the first ecosystem to combine the thrill of gaming and the value of digital collectibles, transforming it into the digital creature’s universe. Elemon will make use of a nextlevel NFT- based gameplay and integrate it with a blockchain-based decentralized financial system, making the game not only for fun but also an investment.

Elemon Supply

There are 29,800,000.00 ELMON in supply.

Pros and Cons of Elemon

Pros of Elemon

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 Elemon

The coin is still under research and development
Multiple issues with its synchronizations between ledgers
Not listed on exchanges
No Github profile
They have no reddit acount
No Bitcointalk thread created
No traceable features on tradingview

Is Elemon 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, Elemon 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 Elemon 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.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Elemon on the comment section below. Don’t forget to rate and leave a review.