The Mollars ICO is nearing its final days. The initial coin offering will end in just under 30 days [1 month]. Most impressive in this last stage, the token presale has been highly successful with a majority 61% share of the ICO token supply now sold out.
The total amount of funds raised in the Mollars presale is over $1,000,000. Few ICOs reach well beyond the million dollars milestone without inflating numbers; this initial coin offering total however is 100% organic.
Developer(s) of this new store of value token for Ethereum blockchain shared the wallet addresses (ETH,USDT) for this presale in its early stages. The reason for sharing this was cited as a desire to keep full transparency with traders.
No Tokens Given Free To Developers Nor Founder
Mollars token creator(s) have also made it clear that this Bitcoin-alternative will focus on being a ‘fair trade cryptocurrency’ [FTC] with 100% of the token supply being made available for sale. No tokens will be gifted or given free to anyone; Not the founder nor developers will be gifted coins.
The FTC policy differentiates the ERC-20 cryptocurrency from Bitcoin with stark contrast. As earlier highlighted by Mollars founder, Bitcoin’s founder Satoshi Nakamoto kept 1-million of the $BTC coins for himself, free of charge. No one had a chance to buy these coins. And that massive amount being pointed out has since created feverish speculation about various inactive wallets in the media.
Outside those borders of comparison, Mollars token has many other noteworthy counterparts to its design.
Native Token of New Crypto Exchange
First, it was reconfirmed that the limited supply of tokens will also be used to fuel a robust & completely decentralized cryptocurrency exchange, beyond the store of value. This indicates an even higher potential of ROI yields than that mentioned by Ari of CryptoNews, since their 20x predictions were made before Mollars.CC exchange was announced.
The $MOLLARS token would be used as the native coin of this new DEX & the method of facilitating cross-blockchain trades. This would increase scarcity of the token and increase fragmental value as the price of Mollars rises.
The launch date of the DEX has not been confirmed but developers did suggest earlier that the Mollars crypto exchange should be released around the same time as the ICO’s end.
Mollars Saves Dollars
The new DEX will be designed to help traders save money. These savings come in addition to those that store-of-value digi-asset seekers will gain, when choosing Mollars over Bitcoin.
In 2023 the average trade for a $BTC costs users $39. Some crypto whales saw losses of over $1-million-dollars on single trades as well.
Based on Ethereum layer-1 blockchain technology, Mollars is expected to have an average of $7 per trade. This 2023 statistic-based fee is 80% less than that of its top rival, Bitcoin.
Though the future of no investment asset is 100% sure, the use cases of Mollars make it hard to deny the ERC-20 cryptocurrency has a future.
After Bitcoin’s Halving, Mollars Could Shine Brighter
Launching just after the Bitcoin halving, Mollars ICO could be the silver lining in the expected drop coming to the crypto market. As long as the cryptocurrency’s brand keeps getting mentioned, it should increase in value from today’s ICO stage.
Forecasts from various decentralized finance publications have projected that the Mollars token should yield investors on average +3200% gains within a relatively short time period. The lowest projection was the aforementioned +2000% prediction from Ari of CryptoNews and the highest cited thus far, a +4400% projection, echoed by many publications.
Layman’s terms wise, the 3200% profit yield is the equivalent of a coin growing 32x in value. For every $1000 invested in such a scenario, investors would be returned $32,000.
Short Term vs Long Term Yield Potential
Long term, Mollars could eclipse these figures however, as the deflationary token has a very small supply that will be available to the world of crypto.
In today’s world, it’s estimated around 600-million people trade cryptocurrency. Mollars has a supply of just 11 million tokens and is on the most popular layer-1 blockchain technology of current times. If branding value for the $MOLLARS token becomes moderately higher, as it already has over 2.27-million tokens pre-sold via Mollars.com, the ‘whole token’ will become a harder cryptocurrency asset to obtain and people will begin buying it in fractions called “Molls.”
The ‘hype’ generated for such an event as Mollars cryptocurrency being sold out, in terms of whole tokens, is likely to create a parabolic uptrend in value. And massive amounts of traders follow upswings in price. If “Mollars saving Dollars” motivated enough cryptocurrency investors to create these trends, the token that is currently being sold at ICO for $0.55 [cents] could suddenly become worth hundreds if not thousands of dollars.
Why A Mollars Token Could Reach Thousands of Dollars in Value
While some may not think that’s possible, just remember that Bitcoin was worth less than $0.01 in 2011, just 13 years ago; And this was before the world knew what a cryptocurrency was.
Today, there’s nearly 600-million cryptocurrency users — people who are willingly buying, trading, or holding digital currency assets. The extended wait time that Bitcoin faced in 2011, hoping to get people to believe and trust in digital currencies, is no longer. A crypto brand that has a token with significant store of value utility, saves users money, and has a viable decentralized crypto exchange that adheres to the core principles of cryptocurrency could see explosive growth.
Mollars is different. Various features separate it from 99% of the alt-coin and layer 2 market. Tokens like DogWifHat (WIF), Floki Inu (FLOKi), Shiba Inu (SHIB), nor Dogecoin (DOGE) can be compared on a level view. The finite , low level supply alongside 100% of the token supply being put on the market make it a standalone cryptocurrency that has an unrivaled trajectory in value.
The post Crypto Whales Push Mollars Token Presale Past 61% Sold — Here’s How ICO Investors Could See Major ROI Yields appeared first on Cryptonews.