A recent alert from the Ethereum (ERC-20) network has indicated a significant transaction involving a crypto whale, who has made a substantial investment in the presale of Nollars Network’s native token, $NOLA. The investor, recognized within cryptocurrency circles for their large financial commitments, purchased an impressive total of 24,000 NOLA tokens.
The transaction, for roughly $12,000 [USD], was successfully finalized at around 6:47 PM Eastern Standard Time (EST) on Tuesday, with confirmation available through the transaction hash data. This notable investment was executed using a total of 3.55 Ethereum (ETH), illustrating the investor’s deep involvement in the evolving cryptocurrency landscape and underscoring the growing interest surrounding this particular Initial Coin Offering (ICO).
This transaction elevates the whale to a remarkable position as the second-largest holder in the Nollars Network project to date. While the financial commitment is considerable, equating to more than what many individuals in the United States may have in their personal bank accounts, it does not surpass the investment made by the top holder, who contributed US$13,674 back in December of the previous year (2024), according to reports.
The $NOLA ERC-20 token is slated for launch on various cryptocurrency exchanges by the end of May. The development team behind Nollars Network is actively engaging with their community through their social media platform, X (formerly Twitter), where they are expected to announce which exchanges will facilitate trading of the token as the presale approaches its conclusion.
What you'll learn 👉
Why do traders like Nollars Network (NOLA)?
Nollars Network functions as a layer-2 blockchain and has plans to roll out a decentralized cryptocurrency exchange following the listings on centralized exchanges (CEX), which are targeted for later in 2025. This dual approach is anticipated to substantially enhance the trading experience for altcoin and memecoin enthusiasts by increasing transaction speed and minimizing the fees typically associated with buying and selling these digital assets.
Currently, the presale for the $NOLA token has surpassed 82,000 tokens sold, leading to total funds raised exceeding US$41,000. The $NOLA token, which acts as the native currency for the Nollars Network, is being offered in the presale at a price point of US$0.50 per token, with no minimum purchase requirement, allowing broad participation from interested investors.
This ICO is structured to be conducted over ten distinct rounds, each featuring its own pricing regime. The first round will remain open until a total of 400,000 tokens are sold. Upon reaching this sales benchmark, the price per token will increase, signaling the initiation of the second fundraising round. This tiered pricing strategy is strategically designed to encourage early investment and stimulate demand as the presale progresses through the various rounds.
Confirmed: No Rug Pull
According to a verification from AscendEX, the presale for the NOLA token is confirmed to be legitimate and is not a rug pull, addressing concerns from potential investors. The token is scheduled to launch on this prominent cryptocurrency exchange in May, following the completion of its initial coin offering (ICO). This upcoming listing offers a reassuring layer of security for investors who are apprehensive about the possibility of the token not being listed on centralized exchanges (CEXes).
NOLA is the native cryptocurrency of a promising layer-2 blockchain platform that has begun to garner attention comparable to that of well-established cryptocurrencies like Hedera (HBAR) and Kaspa (KAS). This innovative technology is expected to become a central topic of discussion as its token presale concludes and the Noladex.io project evolves, thereby further solidifying its presence in the cryptocurrency landscape.
AMA Session with Founder Coming Soon
Richard Dedekind, the founder of the project, has been actively engaging with the community on the social media platform X, providing consistent updates and insights. He recently announced plans to host an Ask Me Anything (AMA) session with BeInCrypto.com in the near future. This initiative reflects his commitment to transparency and his willingness to communicate openly with presale investors, fostering trust and engagement.
The forthcoming AMA also indicates that Dedekind has developed strong relationships with key influencers in the cryptocurrency media, which is a valuable asset in enhancing the project’s brand visibility and credibility in a competitive market.
The $NOLA token boasts a distinctive tokenomics structure. While it has clear utility and the potential to serve as a useful instrument in the digital commerce arena, it also features a limited total supply of just 15 million tokens. This scarcity positions it as a relatively deflationary asset, particularly beneficial in times of economic instability. If the popularity of Nollars increases, even a modest surge in buying activity could result in significant price appreciation, underscoring the token’s growth potential.
Far More scarce than Shiba Inu
The Shiba Inu token, a trailblazer among memecoins, is poised to make waves in the Noladex of the Nollars Network ecosystem, which presents a unique opportunity for investors. This will make $SHIB token transfers faster and less costly, fee wise.
With a staggering 1.6-million wallets holding the Dogecoin killer, the potential impact of the Shibarmy community migrating to this new ecosystem is immense. As crypto whales have already begun shifting funds into the project, if thousands of devoted Shiba Inu fans decide to purchase Nollars Network (NOLA) tokens, we could witness an explosive rise in value upon its launch on AscendEX. A forecast of surpassing the US$20 threshold is quite acceptable.
Potential 500X Higher Returns Than Blockchain Rival, Hedera (HBAR)
When comparing token value trends of native cryptocurrencies for similar projects in recent times, Hedera (HBAR) provides an interesting benchmark. Today the Hedera mainnet has around 1.2 million users. Analyzing the current token price relative to these users indicates that the HBAR token appreciates by approximately 3 cents for every 100,000 users on the mainnet.
In contrast, if the Nollars Network’s layer-2 blockchain were to develop similarly, the pricing dynamics would differ significantly due to the total token supply. Hedera (HBAR) has a maximum supply of 50 billion tokens, which is 3,333 times greater than the maximum supply of the $NOLA token. Consequently, the estimated price per 100,000 registered users for Nollars Network would be about $100.
If we consider a scenario in which 1.2 million users join the Nollars Network (NOLA), the token price could potentially rise to around $1,200.83 from its current value of $0.50.
This projection suggests an impressive return on investment of approximately 240,066%. For every dollar invested, the anticipated return would be $2,401.66. For instance, an investor who opts to invest $200 instead of spending a weekend out could see their investment grow to an impressive $480,000.
Among the Greatest Profits from Memecoins of All-Time
In recent years, numerous cryptocurrency tokens have experienced remarkable return on investments, with some presale buyers turning modest investments into substantial wealth. A lively discussion on Reddit among traders highlighted instances where individuals who participated in presales transformed initial investments of a few thousand dollars into millions or even billions, simply by holding onto their tokens until they reached an all-time high in value.
Nollars Network, which has the potential to be the next significant ‘crypto moon shot.’ While the possibility of soaring returns excites many, it is worth noting that even if Nollars Network does not reach astronomical heights, presale participants can still look forward to a commendable return of +66% on investment if the presale reaches its established ceiling. This prospect makes the $NOLA token an intriguing option for investors seeking both high-risk and high-reward opportunities in the ever-evolving cryptocurrency landscape.
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