Mollars (MOLLARS) may be on the brink of revolutionizing the cryptocurrency market within the store-of-value niche. It drew significant attention from investors, who purchased over 1.31-million-dollars worth of its presale tokens to date. The unique token has also garnened attention from crypto exchanges, with LBank being the latest to confirm it will list the new erc-20 token.
LBank has not set the date it will list yet but it’s likely to be within days of the Mollars ICO end deadline, June 1st. It could also be the same day of the ICO’s end, making it important for investors to watch closely and register with such exchanges early.
The listing was confirmed by the exchange via X [formerly twitter] in an official notice which reads:
“Upcoming Listing #MOLLARS (Mollars Token) will be listed soon on LBank！@mollarstoken”
The short note was followed by a link to an official announcement on the exchange’s website.
LBank is a reputable crypto exchange with over 7-million users. It was founded in 2015 and pairs over 800 cryptocurrencies to nearly 150 fiat currencies. The crypto exchange also boasts some of the lowest transaction fees on the market.
For Mollars token investors, this is great news as it will allow people to exchange fiats from different countries in the Americas, Europe, and Asia with ease.
Token Design: Unveiling Scarcity
Crafted as a deflationary token, Mollars will stand out heavily to LBank investors once it populates on trading lists. It stands out with a total token supply of just 10 million tokens, emphasizing scarcity as a core element of its value retainment proposition.
The project’s presale phase has already witnessed remarkable success, having raised over $1.3 million and selling 70% of its 4 million tokens allocated for the discounted presale phase.
This early traction underscores the confidence investors have in Mollars potential to disrupt the crypto market.
- Total token supply: 10 million tokens
- Presale allocation: 4 million tokens
- Current presale price: $0.55 per token
- Expected launch price: $0.62 per token
- Potential 12% return on investment for presale buyers in ICO day
Why Traders will Love Mollars token
Once investors and crypto traders are able to visually see the amount of money saved by procuring Mollars instead of Bitcoin (BTC), to continue buying $BTC would be irrational. Based on Ethereum-blockchain, the Mollars token will have up to -80% lower trading fees (buy, sell,convert) alone based on Bitcoin-blockchain’s 2023 stats.
Second, Mollars has far more growth potential than rival Bitcoin (BTC) and other established crypto coins. With a total token supply of 10,000,000, only 28% of that quantity has been sold [presold]. Less than 10,000 wallets will be created for this token on ‘claim day’ or end of the ICO.
Over 430 million people use cryptocurrency worldwide today. Lbank and Bitmart, who have just confirmed they will list the $MOLLARS token, will introduce it to over 15 million new users.
The new store-of-value asset is still at a ‘trough’ point of its ascension. Upon launching on crypto exchanges and showing its worth to investors as a tool to store value and drastically lower transaction fees, the growth should be fast.
In comparison, brands like Bitcoin have already had over 95% of its max supply already sold. The antiquated crypto also has had 460-million wallets created to store it. To increase these numbers of people hodling significantly, it will take massive amounts of time. And that growth is what’s necessary to see growth in Bitcoin’s price.
As of 2024, Bitcoin is projected to possibly reach $250,000 in a best case scenario. This is less than a 400% growth and highly questionable.
Mollars on the other hand has first year price predictions of $15. This is a +2,627% growth in value and far more than $BTC’s best case scenario.
Regardless, both are better than traditional trading options but still, many investors want the best for their money and are using ‘shoe money’ to buy $MOLLARS at least. Bitcoin’s a more trusted brand but no one wants to miss a potential ‘what if’ project as they did with $BTC in 2011.
Countdown to Launch: May 31st
The ICO for Mollars is set for June 1st, marking a crucial milestone in its journey to becoming a prominent Store of Value in the cryptocurrency landscape.
With the countdown underway, anticipation among investors and crypto enthusiasts continues to build, fueled by the project’s promising fundamentals and strategic initiatives.
Market Exposure: LBank Listing
A recent significant development for Mollars is its listing on LBank, a reputable cryptocurrency exchange with a global user base exceeding 7 million. This listing not only provides Mollars with unparalleled exposure to potential investors but also enhances its credibility through association with a trusted and secure platform.
Overall, Mollars project’s innovative design, successful presale phase, and strategic listings on reputable exchanges signal its potential to redefine the landscape of digital assets as a Store of Value. With experts predicting substantial growth and investors eagerly awaiting the ICO launch on June 1st, Mollars is poised to challenge established players and carve out its place as a leading cryptocurrency in 2024 and beyond.
