Today, a ‘crypto shark’ took a huge bite out of the Mollars initial coin offering. The digital currency investor bought 7ETH (US$17,400) worth of the ‘new bitcoin,’ at its presale price. The noticeable amount gave the shark classified trader ownership around 43,500 of the store-of-value tokens.
The massive amount is the largest buy thus far in the ICO according to its ETH transaction addresses [here]. Other crypto octopuses and fish have contributed close to $10k but this is the first investment seen in the 5 figure range.
The crypto wallet of the major investor could be from an actual Crypto Whale as it’s common for many wealthy traders to have multiple wallets for storage. And even if a lower tier shark, the holdings of the investor’s wallet is impressive nonetheless. The crypto-savvy investor has over 6-figures worth of crypto coins in their ‘diamond hands.’
Smart Money Buying Mollars Is a Great Signal For Other Investors
This crypto trader is considered a ‘smart money’ investor as well. The near-millionaire status means the person behind the trade is making great financial decisions to amass wealth and their input of 7ETH (US$17,400) into the Mollars ICO means educated top investors see a future value in the token, coinciding with analysts reports.
The Mollars initial coin offering has been surging the last 4 days, increasing in tokens sold per minute every day. Currently the token presale is just over 506,000 tokens sold. Just 2 days ago, it was reported to be at 111,000 tokens sold. The difference means 400,000 tokens sold in less than 48 hours. That’s an average of 8,333 $MOLLARS bought by crypto traders per hour by global crypto investors.
Parabolic Rise In Token Value Coming?
Only 4-million tokens of Mollars 10-million max supply will be sold in its Initial Coin Offering. And current trends suggest that many investors will be late to the party, if they do not invest immediately upon viewing the ICO on Mollars.cc.
The “new Bitcoin for the Ethereum blockchain” is scheduled to end in May 2024 or when the ICO supply of 4MM $MOLLARS tokens has been sold (hardcap). With recent buyer trends, the token presale is more likely to close upon reaching hardcap than its max deadline.
With 8000+ tokens being sold per hour currently and numbers rising, it’s likely that hardcap will be reached in February 2024, closing the token presale 2 months early. If presale token buys increase further, it’s even possible the ICO closes out this month, January.
The massive demand being shown for the Mollars token is signaling the potential of a parabolic rise in token value. This is something that could happen after the store-of-value token is launched on public crypto exchanges [CEXES] to the mass crypto community.
The Major Value: Solving The Industry High Bitcoin Fees Problem
Analysts’ have been predicting presale token explosion trends since nearly 1 week ago as word spread that ‘Mollars saves Dollars.’ The red-hot cryptocurrency is a money-saving solution that can lower fees for the users that own 250-million crypto wallets on the Ethereum-Blockchain, whenever they seek a store-of-value token. A rival to Bitcoin, the SOV cryptocurrency will offer the features of $BTC but with much lower fees.
Though it’s long been a problem, Bitcoin became the worst blockchain for coin swaps in the 4th quarter of last year [2023]. The average trade cost cryptocurrency holders $39. There was even a record-setting $3.1-million-dollar loss incurred by one Bitcoin whale for a trade on Paxos. Until then, the record for the worst Bitcoin fee ever charged was US$500,000.
The Ethereum-Blockchain is less costly and an unnamed creator has stepped forward to produce a ‘new Bitcoin’ but exclusively on ERC-20 networks. This token is named ‘Mollars’ and by design will enter the crypto market as an alternative to $BTC that will cost cryptocurrency users less.
Total Token Supply: 10-Million Mollars vs 21-Million Bitcoins
Not only that, $MOLLARS will also be more scarce than Bitcoin. While the $BTC has a low total tokens supply of 21-million, its new rival will have less than half that supply with only 10 million tokens ever to be minted.
A wildcard prediction that’s made its rounds on crypto blog sites and CoinMarketcap suggests a parabolic shift in Mollars token value could take place due to its 2 distinguishing qualities — solving the Bitcoin fee & a very low total supply. The long-term ROI yield on ICO tokens is predicted to reach +9,500,000% over ~10 years if the value of $MOLLARS tokens parallels the trajectory of Bitcoin’s historic values.
Bitcoin yielded its ICO investors a staggering +20,000,000% since its initial coin offering [ICO] in 2011. Investors of $100 are now swimming in millions of dollars, financially free.
Yesterday, a report highlighting why Mollars is better than Chainlink and Polygon gave examples of returns if the wildcard prediction were to materialize. According to calculations a $1000 investment into Mollars presale tokens with yields of 9500x would return that investor $101,000.
What’s most exciting for Mollars token buyers however, the potential for the token is even higher if the $MOLLARS brand continues to gain adoption among crypto traders at this rate. The ICO stage should see a more limited range of buyers as the majority of crypto traders only trade on public cryptocurrency exchanges. Once this ‘new Bitcoin’ is launc hed on a major DEX like Uniswap, with its proposed 1-Million-dollar liquidity pool, it could possibly see even faster trade transactions than the 8,000 passing per hour now.
Update:At the beginning of writing this report just over 506,000 tokens had been sold. At the time of publishing, this stat has changed. Now, there are over 522,000 tokens sold. View the latest token presale update and buy tokens at www.Mollars.cc , the official Mollars website.
