Elemon (ELMON) Explained: Crypto Coin, NFT Gaming & Play‑to‑Earn Overview

Posted by Victoria McGovern
Comments (13)
25
Oct
Elemon (ELMON) Explained: Crypto Coin, NFT Gaming & Play‑to‑Earn Overview

Elemon (ELMON) Token Value Calculator

Current ELMON Token Metrics

Price:

$0.00074

All-Time High:

$3.15

Circulating Supply:

644.9 million

Market Cap:

$470k

-99.8% from ATH

Calculate Potential Returns

Your Potential Earnings

Initial Investment:

$0.00

Annual Return:

$0.00

Monthly Return:

$0.00

* Calculated based on current ELMON price and provided APY

Key Takeaways

  • Elemon is an NFT‑based gaming ecosystem built on Binance Smart Chain (BSC).
  • The native token, ELMON, powers the marketplace, rewards, and in‑game purchases.
  • Play‑to‑earn mechanics let players earn token rewards even when the game is idle.
  • Trading mainly occurs on PancakeSwap using a BSC‑compatible wallet such as MetaMask.
  • Current price is well below its all‑time high, so risk management and community activity are crucial.

When you hear the name Elemon is a comprehensive NFT ecosystem and blockchain gaming platform built on the Binance Smart Chain (BSC). It combines digital monster collectibles, a fantasy‑themed RPG, and a play‑to‑earn model that aims to be easy for newcomers while still offering depth for seasoned gamers.

What Is Elemon?

Elemon (ticker ELMON) functions as the native cryptocurrency within the Elemon universe. Players acquire, trade, and upgrade unique monster NFTs, then send them into battles or idle quests to generate more ELMON tokens. The ecosystem also hosts a dedicated NFT marketplace where users can list and swap monsters, skins, and in‑game items.

Core Components of the Elemon Ecosystem

The platform is divided into four main pillars:

  1. Digital Monster NFTs - Each monster is a non‑fungible token stored on BSC, giving true ownership and tradability.
  2. Fantasy RPG - An idle‑style role‑playing game where monsters fight, level up, and generate rewards even when the player is offline.
  3. Marketplace - A high‑liquidity BSC‑based exchange for buying, selling, and auctioning monster NFTs.
  4. ELMON Token - Used for staking, purchasing in‑game items, and rewarding players for achievements.
Manga teen gamer swapping tokens on a stylized DEX with a MetaMask fox figurine.

Technical Architecture

Elemon runs on Binance Smart Chain, which offers EVM compatibility, low transaction fees, and fast block times. This choice lets developers tap into existing DeFi tools like Chainlink price oracles for reliable market data.

Because BSC is EVM‑compatible, popular wallets such as MetaMask can connect directly to the Elemon dApp. Users simply add the BSC network, import their wallet, and start trading or playing without needing a separate proprietary wallet.

Token Economics

Understanding the supply and demand dynamics of ELMON is essential before committing any capital.

Elemon Token Metrics (as of Oct2025)
Metric Value
Current Price (USD) $0.00074 (average across exchanges)
All‑Time High $3.15
Circulating Supply 644.9million ELMON (≈32% of total)
Total Supply 2billion ELMON
Market Capitalization $470k (approx.)
Fully Diluted Market Cap $1.45M
24‑Hour Volume $50-$120 (range across DEXes)

The token’s price sits >99% below its ATH, suggesting a high‑risk, high‑potential scenario. A modest 7‑day gain of around 6% hints at renewed community activity, but low daily volume flags liquidity concerns.

How to Acquire and Trade ELMON

Because Elemon is not listed on major centralized exchanges, the most reliable route is a decentralized exchange (DEX) on BSC.

  1. Install a BSC‑compatible wallet (e.g., MetaMask).
  2. Add the BSC network: RPC URL https://bsc-dataseed.binance.org/, Chain ID 56, Symbol BNB.
  3. Acquire some BNB for gas fees - a few dollars is sufficient.
  4. Visit PancakeSwap (V2), connect your wallet, and select the WBNB/ELMON pair.
  5. Enter the amount of BNB you wish to swap, confirm the transaction, and wait for the blockchain to finalize (usually a few seconds).
  6. After the swap, add the ELMON contract address to your wallet to view the balance.

Always double‑check the contract address from the official Elemon site or reputable community channels to avoid scams.

Manga characters staking ELMON coins and watching evolving monster NFTs in a lounge.

Gameplay & Play‑to‑Earn Mechanics

Elemon’s RPG blends idle progression with active strategy:

  • Idle Quests: Monsters automatically complete missions and earn ELMON while you’re offline.
  • Battle Arena: Players can pit their monsters against others for additional token rewards and rare NFTs.
  • Staking: Holding ELMON in the official staking contract yields a modest APY, increasing the effective earnings from gameplay.
  • Marketplace Trade‑offs: Selling a high‑level monster can generate a quick cash injection, but reduces future quest earnings.

The design intentionally lowers the time barrier - you don’t need to log in hourly to earn. This appeals to casual gamers who still want a slice of the crypto‑gaming boom.

Community, Market Performance, and Outlook

Elemon maintains an active community on Discord, Telegram, and Twitter. Roughly 38k token holders contribute to a modest yet engaged user base. Recent metrics show a 6% weekly price bump, but the 24‑hour volume often dips to near‑zero, indicating thin liquidity.

Key challenges include:

  • Recovering investor confidence after a >99% drop from the all‑time high.
  • Ensuring enough active players to keep the NFT marketplace liquid.
  • Balancing token inflation - 32% of supply already circulates, and future releases could dilute value.

Opportunities arise from the broader NFT‑gaming surge and BSC’s low‑fee environment. If the dev team continues to roll out new monsters, quests, and cross‑chain bridges, the ecosystem could attract fresh users looking for low‑cost entry points.

Quick Checklist Before You Dive In

  • Use a BSC‑compatible wallet (MetaMask or Trust Wallet).
  • Secure the official ELMON contract address.
  • Start with a small BNB amount to test the swap on PancakeSwap.
  • Participate in community channels to stay updated on new monster drops.
  • Track liquidity pools; consider adding ELMON to a yield farm only after confirming pool health.

Frequently Asked Questions

What is the main purpose of the Elemon token?

ELMON serves as the utility currency inside the Elemon ecosystem. It is used to buy, sell, and upgrade monster NFTs, stake for passive earnings, and reward players for completing quests.

Do I need to be a crypto expert to play Elemon?

No. The platform is built for casual gamers. A standard wallet like MetaMask and a few dollars of BNB are enough to start earning.

Where can I trade ELMON?

The most active market is the WBNB/ELMON pair on PancakeSwap. Some smaller centralized exchanges list ELMON, but liquidity is typically lower.

Is Elemon safe from scams?

As with any DeFi project, verify contract addresses from official sources and avoid third‑party “swap bots.” Using a hardware wallet adds an extra layer of security.

What are the future plans for the Elemon ecosystem?

The team plans to introduce new monster series, seasonal events, and cross‑chain bridges to Ethereum and Polygon, aiming to increase player count and marketplace volume.

13 Comments

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    Jim Griffiths

    October 25, 2024 AT 05:26

    Elemon (ELMON) is a utility token used inside the game to buy, upgrade, and trade monster NFTs. The current price is around $0.00074, which is far below its all‑time high. Staking the token gives a modest APY, so even holding it can generate a small passive return.

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    Taylor Gibbs

    October 26, 2024 AT 09:12

    Hey folks, just wanted to add that the community is really welcoming and you can learn the ropes without any prior crypto experience. The Discord chat is active and the dev team definately posts updates weekly. Feel free to jump in and ask anything, we’re all here to help.

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    Bhagwat Sen

    October 27, 2024 AT 12:59

    Listen up, if you’re still using the same old swap instructions you’re missing out on the newest liquidity pools that just launched last week. The beta version of the cross‑chain bridge cuts gas fees by half, so you should definitely reroute your trades through it. Also, make sure you enable the auto‑stake feature; otherwise you’re leaving free tokens on the table.

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    Cathy Ruff

    October 28, 2024 AT 16:46

    Totally overhyped

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    Amy Harrison

    October 29, 2024 AT 20:32

    Great stuff! I love how Elemon mixes easy‑play gaming with real earn potential 🚀💎 Keep the community hype alive and let’s see those monster NFTs pop up in the market. Your next win could be just a few clicks away 😊

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    mukesh chy

    October 31, 2024 AT 00:19

    Sure, because adding another low‑volume token to your portfolio is always a genius move. The “modest APY” they brag about barely covers the transaction fees on BSC, so you’ll probably end up with less than you started. But hey, if you enjoy watching numbers go down, Elemon is perfect.

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    Marc Addington

    November 1, 2024 AT 04:06

    Americans should stick to projects that are backed by solid US regulations instead of chasing random BSC memes like Elemon. The lack of real oversight makes it a playground for scammers, and it’s time we stop glorifying these cheap copycats.

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    Amal Al.

    November 2, 2024 AT 07:52

    While I understand the frustration, it’s worth noting, however, that many early‑stage projects face liquidity challenges, and Elemon is no exception; nevertheless, the team has been transparent about upcoming updates, which could improve market depth, and community members who stay engaged often benefit from early adoption.

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    Alex Gatti

    November 3, 2024 AT 11:39

    Notice the token’s supply is already 32% circulating and the team plans more releases which could dilute value. Watching the staking rewards and upcoming monster drops will tell you if the ecosystem can sustain interest.

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    Katherine Sparks

    November 4, 2024 AT 15:26

    Dear community, I would like to commend the developers for their continuous efforts in expanding the Elemon ecosystem. However, please be cautious when interacting with third‑party bots, as they may compromise your assets. Stay vigilant and happy gaming! 😊

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    stephanie lauman

    November 5, 2024 AT 19:12

    It appears that the sudden surge in Elemon’s weekly price is not merely organic growth but could be orchestrated by a coordinated group of whales seeking to manipulate market perception. The timing of the promotional tweets aligns suspiciously with major token swaps, suggesting a possible pump‑and‑dump scheme. Investors should conduct thorough due diligence before allocating capital.

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    Shaian Rawlins

    November 6, 2024 AT 22:59

    Elemon tries to blend gaming and finance in a way that is easy for new users to understand. The game lets you collect monster cards that are also NFTs, so each one has a unique value. You can earn tokens just by letting the monsters complete quests while you are away. This idle feature means you do not have to be online all the time to see any benefit. When you have enough tokens, you can stake them to receive a small extra percentage each year. The staking reward helps to offset the low price of the token at the moment. The marketplace within the game allows you to sell or trade monsters for more tokens. Because the market is still small, prices can change a lot from one day to the next. Liquidity is a common problem for many new crypto games, and Elemon is no different in this respect. The community on Discord often shares tips on how to get the best deals on the exchange. It is important to verify the contract address before you make any swap to avoid scams. The developers have promised new monster series and cross‑chain bridges in the coming months. If those updates arrive on time, they could bring fresh players and more activity. More players means higher trading volume, which can improve price stability. On the other hand, if the updates are delayed, interest may fade quickly. Overall, Elemon offers a low‑cost entry point for those curious about play‑to‑earn, but it requires caution and patience.

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    Rob Watts

    November 8, 2024 AT 02:46

    Keep grinding stay patient you’ll see progress as you level up your monsters and stack those rewards

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