XT Now The 3rd Crypto Exchange Confirming It Will List Ethereum’s New Bitcoin Rival

XT.com is now the third crypto exchange in the last 2 weeks to confirm Mollars token will be listed for trading. The announcement was made via XT’s zendesk blog [view] last week, but is just being noticed by most investors.

In a message to ‘XTers,’ the exchange wrote:

“We are honored to announce that MOLLARS (Mollars Token) will be listed on XT.COM. MOLLARS/USDT trading pair will be opened in [the] Innovation Zone. Please stay tuned for the schedule of deposit, withdrawal, and trading.”

The news should be highly appreciated by investors of the Mollars token presale.     The initial coin offering event has raised over $1.3-million dollars from traders who have acquired ownership to over 2.8-million tokens from the total token supply.    

Does Mollars have a small Total Token Supply?

Mollars has a finite total supply of just 10-million tokens.  A store-of-value asset like Bitcoin, it’s designed to adhere to the idea of decentralization and based on a more modern and scalable blockchain. 

Of the 10-million tokens only 4-million were allocated to the ICO presale.   Therefore the limited amount of tokens available at discount prices are close to selling out already. Under 29% of the presale supply remains.

How many users does XT.com Crypto Exchange have?

XT exchange users could potentially buy out the entire Mollars supply of 10-million tokens. The exchange is said to have over 4-million users  and an ecosystem that reaches over 34-million people.

XT.com is a centralized exchange, which offers great security to crypto trading for its users. The CEX has a team that reviews each cryptocurrency it lists to gain oversight on if the crypto’s whitepaper details and tokenomics parallel backend data that’s only visible to exchanges; a method to help avoid scams and rug pulls.

The XT exchange app is available on all major downloading platforms [google, apple, etc].

When does Mollars ICO end?

Mollars token presale will end on June 1st.  After this day, it will be listed on XT.com.   The store-of-value token is a direct competitor to Bitcoin but based on Ethereum blockchain.   

Traders can purchase Mollars today at a discount price of $0.55 via Mollars.com, until the ICO’s end deadline.    Only 29% of the supply remains available. The price of the token during this presale phase will increase to $0.60 eventually.

The top holder of Mollars, prior to its debut on exchanges, is believed to be a former Shiba Inu whale who’s amassed over $23,000 of the token.

XT.com is expected to list Mollars token at a price of $0.62 [cents].  This price is dependent upon the ICO reaching the hard cap, according to the new token’s whitepaper.

Mollars is a direct rival of Bitcoin.   As the Bitcoin ETF news continues to increase a feverish rally for the OG cryptocurrency’s price, perhaps Ethereum’s newer store-of-value asset will too explode if the Ethereum ETF gets approved later in 2024.

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

CaptainAltcoin
Logo