Kaspa (KAS) Token’s Shark Investors Shifting Focus to Mollars ICO

Unfortunately, Kaspa is far from advancing to this point of adoption and acceptance by the US government.  The projection on ROI yield, acceptance, and transaction speed is far greater for Mollars.  

There is a ‘bridged’ option for Kaspa to operate with Ether ($ETH) however. A significant portion of investors utilize ‘Wrapped Kaspa’ as a bridge facilitating seamless transactions between $KAS and $ETH. This bridge allows users to engage in Ethereum’s vast DeFi ecosystem using their Kaspa holdings.  However,  with Ethereum soon getting its own spot ETF approval as Bitcoin just did,  many traders believe it’s better to just hold ETH or same-blockchain, ERC-20 tokens.

And now, $KAS investors have a new token capable of storing their money on the Ethereum Blockchain.

How Mollars Is Capturing $KAS Sharks

The Mollars ($MOLLARS) project is designed to save costs from cross-chain transactions, attempting to get Bitcoin.  The token could potentially reach 250 million users of the Ethereum Blockchain and save them big bucks on gas fees. 

Typically, investors tend to store their assets in Bitcoin due to the power the currency has as a store of value. However, this involves swapping between blockchains, which leads to costlier transactions.

After the Bitcoin Ordinals boom of the last year, gas fees in the blockchain have reached record-high numbers. This development makes it less attractive to switch tokens to $BTC, and opens up a need for a reliable SoV on the Ethereum Blockchain.

Spotting the need for a solution, one, developer initiated the “Mollars Save Dollars” campaign, with the goal of introducing a novel token that fulfills all the requisites of an SoV (Store of Value) token directly within the Ethereum Blockchain.

With a limited supply of 10 million tokens, Mollars presents a compelling case for investors seeking a deflationary asset. But what exactly makes Mollars stand out in the crowded crypto market?

The token’s supply is remarkably constrained, surpassing even Bitcoin in scarcity. This characteristic positions $MOLLARS as a robust asset for long-term holding. 

Scarcity inherently contributes to its increasing deflationary nature over time. Furthermore, mirroring $BTC, this project operates in an entirely ownerless fashion. 

This setup ensures that holders exercise complete control and autonomy over their $MOLLARS, free from any centralized authority or ownership meddling in the token’s governance or operations.

Why are Kaspa Investors Moving To Mollars?

Several factors are contributing to this shift. First and foremost, the Mollars Initial Coin Offering (ICO) presents investors with a promising opportunity. The token is currently being sold for only $0.30, and those who buy now could potentially see a return on their investment exceeding 100% upon the currency’s initial launch. This low entry point and the potential for high returns make Mollars an attractive proposition for investors.

Also, Mollars’ role as a store of value provides a hedge against the volatility of other cryptocurrencies. For Kaspa investors, this means they could potentially use Mollars to protect their assets from market fluctuations while still participating in the potential upside of the crypto market. 

This dual benefit of potential growth and risk mitigation is a key factor driving the shift towards Mollars.

Mollars Presale Explained

The Mollars token presale is an opportunity for early adopters to invest in the cryptocurrency at a lower price than its fair market value. The presale is structured into six rounds, with each round offering a specific number of $MOLLARS at a set price. The fundraising is 100% decentralized on Ethereum, and the claim will be manual.

Here’s a breakdown of the fundraising rounds:

  • Round 1 (SOLD OUT): 250,000 $MOLLARS available at $0.30 each, for a total of $60,000.
  • Round 2 (SOLD OUT): 300,000 $MOLLARS available at $0.40 each, for a total of $120,000.
  • Round 3: 700,000 $MOLLARS available at $0.45 each, for a total of $315,000.
  • Round 4: 1,200,000 $MOLLARS available at $0.50 each, for a total of $600,000.
  • Round 5: 1,100,000 $MOLLARS available at $0.55 each, for a total of $605,000.
  • Round 6: 500,000 $MOLLARS available at $0.60 each, for a total of $300,000.

On listing date, the token will be listed at $0.62, providing a fast ROI yield for early presale adopters. However, the true growth of the project is expected to happen in the months following its presale. Given its extremely limited supply and its popularity as Ethereum’s Store-of-Value (SoV), Mollars has prediction of goliath growth.

Those looking to acquire the token at $0.45 are running out of time. As of today, the 3rd round of the presale is already 22% filled.    Investors must act quickly in purchasing $Mollars as     yesterday, the entire 2nd round of 300,000 tokens was fulfilled in under 24 hours.   

Potential 9,500,000% Growth

Mollars similarities to Bitcoin pave the way for the predictions that the currency could have a similar performance to the World’s most famous crypto in regards to long-term ROI. 

As the Mollars ICO draws to a close, investors are turning their attention to the token’s potential growth post-ICO. Drawing parallels with the growth trajectory of BTC, the potential for the new ERC-20 token’s growth in value is substantial. 

Wildcard predictions shared on CoinMarketCap suggest a +9,500,000% ROI yield if Mollars follows a similar growth trajectory to Bitcoin, token for token. Given that its supply is even more limited than the world’s largest currency, it lives in the most active blockchain, investors hope for a similar parabolic growth for the new Bitcoin challenger in the future.

Disclaimer: We advise readers to do their own 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 cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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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.