Welcome to the future of crypto – Elongate is here, inspired by Elon Musk’s iconic tweet “If there’s ever a scandal about me, *please* call it Elongate”. In 2021, the old ElonGate rebranded to a V2, but the decision left many in the community disappointed. To make things right, we’re bringing back Elongate – the way it was meant to be. Even Elon Musk himself mentioned “Elongate” a couple of times in the past, not “ElonGate” or “EG,” which never made sense. With less tax, better tokenomics, and a community-first approach, this is the real Elongate for the people.
Unlike the past, we’ve evolved to meet the demands of today. Our tokenomics are simpler, yet just as rewarding. With a reduced 5% tax, Elongate ensures
Distributed in $Elongate, directly increasing the token balance of all holders.
Rewards are based on the proportion of tokens held relative to the circulating supply.
Example: If you hold 1% of the supply, you’ll receive 1% of the reflections
This portion is automatically added back into the liquidity pool.
Ensures price stability, reduces volatility, and supports consistent trading activity on decentralized exchanges.
1% of every transaction is permanently burned.
Reduces supply, increases scarcity, and boosts token value over time.
If there’s ever a scandal about me, *please* call it Elongate
— Elon Musk (@elonmusk) March 25, 2021
If there’s a big scandal about me, my only request is that it be called Elongate
— Elon Musk (@elonmusk) October 7, 2023
We’ve maintained the same foundational principles that made the original so exciting, while optimizing for long-term sustainability and success. Elongate isn’t just a token – it’s a movement, a community, and a nod to the future.
Join us as we continue the journey, creating new opportunities and building a community that thrives together. The ride is just getting started. This is Elongate.