The biggest memecoin of 2023 is still thriving in 2024. Pepe (PEPE) Token is up +6.1% in the last 24 hours, adding positive gains to investors portfolios. However, it’s not enough to keep the meme Frog’s fans on-board as mobs of holders are now buying into the Mollars Token presale, in its last day open.
The Initial Coin Offering of Mollars ends today, June 1st at midnight. Priced at $0.55 [cents] per token currently, traders are buying feverishly, attempting to push the crypto presale to its hard cap. If reached, the new store-of-value token for Ethereum-Blockchain is expected to launch on crypto exchanges at the price of $0.62 [cents].
Reason The Frog Riders Are Leaping To New ICO
If hard cap is reached, that’s a 7-cents growth in value for the token, based on the reported listing price; And +27% on money invested is better than Gold or even Bitcoin (BTC) at the moment.
Pepe Token holders have been reaping rewards from investments for the entire year but the memecoin’s expected to see small growth in the next week. And while $PEPE holders have already made the ‘most common altcoins held by investors’ list for the Mollars presale, things have hit new highs the last 72 hours.
Whereas Pepe Token was the 7th most commonly held cryptocurrency by ICO investors last week, now the frog-coin’s the fifth most common. Only Ethereum (ETH), Shiba Inu (SHIB), Bonk Inu (BONK), and Tether (USDT) are being held in higher quantities.
The nudge up 2 spaces in the rankings indicate that the Pepe Token (PEPE) crowd are seeing a brighter future in Mollars and with good reason.
What Is Mollars Token?
Mollars token is a store-of-value asset like Bitcoin. In fact, it’s been labeled Ethereum-Blockchain’s new version of the $BTC.
The SOV cryptocurrency offers crypto traders a way to hold funds in a safe place that is less affected by global inflation than fiat currency; At least that’s if popularity continues to rise.
Mollars has gained a strong-hold on the ICO markets. It’s in the forefront of initial coin offerings in 2024. It’s being reported by Google Trends that the “MOLLARS” brand is 50 to 90% as popular [by search inquiry volume] as billion-dollar crypto brands Bonk Inu (BONK), Pepe Token (PEPE), and even JasmyCoin (JASMY).
Value in Being a Popular Crypto Brand
Search volume of Mollars is impressive because the token is not yet on public cryptocurrency exchanges [CEXES]. It launches on centralized and decentralized exchanges next week. The other billion dollar brands, which barely beat Mollars’ popularity, have existed on public markets for far longer, some even years.
For the unranked token to already have such a strong brand value and skyrocketing sales, in commodity trading, Mollars has the makings of a dream opportunity.
Short term gain may be rocky, however a cryptocurrency with such popularity but only a 10-million total token supply, could hit parabolic growth if the brand continues to rise. And by parabolic, the ‘rip’ could turn into the biggest crypto ROI headline of 2024 thus far.
Nonetheless, the signals are just that, signs until the aforementioned happens.
Pepe (PEPE) Token fans have seen gains of +1084% thus far over the last year. Many are simply investing a portion of profits into the Mollars presale, looking to expand the portfolio into the next big thing.
Mollars token presale will end today, June 1st, at midnight. Three crypto exchanges have already confirmed the token will be listed. These CEXES include XT.com, LBank, and Bitmart.
Traders on the r/MollarsToken community are campaigning for it to be listed on Uniswap and MexC in the future as well.
