One of the most exciting initial coin offerings of 2024, Mollars (MOLLARS) token, is set to enter the market on June 1st or shortly after. A new Store of Value (SOV) cryptocurrency, it is a well-designed project aimed to challenge Bitcoin’s dominance or at least gain a portion of its audience. Based on the Ethereum blockchain network, it will have lower transaction costs than the BTC’s blockchain and require no cross-chain fees for over 250-million crypto traders worldwide.
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Bitmart Exchange Already Confirmed
Last Friday the popular crypto-exchange “Bitmart,” which reportedly has millions of users, announced [here] it would list the Mollars (MOLLARS) token after its ICO listed. The news created a swift uptick in token presales, verified via the presale wallet address.
Though the exchange deleted the original tweet, it’s since been republished and doubled down on its listing of Mollars. The new tweet mitigates FOMO being spread from the change, making it clear the exchange will list to the crypto world.
LBank Exchanger Now Confirmed
Now, another top crypto exchange has confirmed it too will list the new Bitcoin alternative for storing value. “LBank,” which has over 7-million users active on its exchange, has announced via X that it will be listing $MOLLARS come June, after the token presale closes.
Between the two exchanges, it’s expected around 15-million users will gain access to Mollars; not including the biggest exchanges that could list the new ERC-20 token. Many traders predict the multi-million dollar project could end up on leading decentralized exchange, Uniswap. This will not be confirmed however until after it actually lists.
Mollars ICO Almost Sold Out
Throughout the past 3 months, Mollars impressed the cryptocurrency community. The project has been able to raise over $1.3-million-dollars from interested crypto traders. Seling 70% of the allocated 4 million tokens on presale, the last 30% (1.2-million) could disappear quickly.
The project has a maximum supply of only 10,000,000 tokens. The low number is under half that of its top rival, Bitcoin. And that total could decrease before the June 1st ICO.
One Way Mollars Will Not Follow Bitcoin’s Path
Unlike Bitcoin, Mollars token will give traders equal opportunity to own the total token supply. None of the cryptocurrency will be held free by the founder(s) nor developers of the new ERC-20 token.
Bitcoin founder Satoshi Nakamoto, on the other hand, has been caught in a recent scandal about his ‘secretly stashed’ wallets. The creator of $BTC is said to have held 1-million coins for himself, free of charge, that today would have an astonishing value of over $62-billion-dollars; all kept without notifying investors.
Mollars token founder(s) have been highlighting the issue to the crypto world, calling the massive holding a clear ‘centralization’ of power and violation of the entire concept of crypto — decentralization.
Shiba Inu’s founder, Ryoshi, alongside his lead developer Shytoshi were also drug into the matter in a recent animated video. It appears Mollars token’s founder highlights how the two popular cryptocurrency’s founders are nowhere to be found when it comes to the topic of ‘stashed wallets’ and liquidating tokens that were never paid for — a masterful rug pull perse.
The fact that Mollars token’s founder has been so frank on the matter that their team will not keep any tokens, has resonated well within the cryptocurrency world. Whales, shrimps, fish, crabs, octopuses, and all of the crypto hierarchy have joined in on the ‘equal opportunity coins’ movement.
Mollars Celebrates New Listings Ahead of ICO
Those who’ve invested thus far are excited, per r/Mollars subreddit group. Over 400 new members have joined the channel in the last week with the official Youtube surpassing 12,200 subscribers.
Now that cryptocurrency exchanges are systematically confirming that the token will be listed on different crypto exchanges, the excitement is ripe. The news of BitMart and LBank are only a start. Both companies have verified that the token will be available on their platforms, which effectively dispels any lingering doubts about the project’s imminent launch, but others are sure to join the snowballing momentum of Mollars.
Moreover, the addition of these exchanges could serve as a game-changer for those looking for fast profits with crypto ICOs. More importantly, long term projections have now increased. The “HODLers” could be see a hyperbolic uptrend as various decentralized finance new sites have suggested since January 2024.
Entering BitMart and LBank exchanges means that there’s likely a significant adoption increase that will happen for an already scarce currency.
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Potential 12% Gains For Presale Investors, Even More For Holders
Currently, Mollars is selling for $0.55 via the official token presale event. With an expected launch day listing price of $0.62, Mollars presale presents an interesting investment option for day traders as well.
If the presale continues to perform, and these estimations are true, everyone buying the token at $0.55 would be making a 12% return on investment overnight.
The project’s scarcity, when paired with the increase in adoption and interest post-ICO could cause an increase in demand—leading to substantial value appreciation. Also, as users continue buying the token, its limited nature would make it increasingly harder to own a single $MOLLARS token due to its scarcity.
Analysts predict a price increase of over 30 times its ICO price by the end of the year. However, this data was made not including the new exchange listings and how that could cause even faster growth.
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