The new token presale for Mollars (MOLLARS), Ethereum Blockchain’s new Bitcoin (BTC) alternative has hit an impressive milestone. The initial coin offering, which is now in its 3rd round phase, has raised $315,000 and is quickly rising.
Crypto sharks and whales have joined in on the ICO feast, with total sales expected to jump to around $500,000 (USD) raised within the next 10 days.
How much does the Mollars token presale aim to raise?
The deadline for the ‘ICO’ was scheduled for May 2024 or a hard cap total of 4-million tokens sold. Current demand appears to be pushing for a close from the hard cap being reached.
Daily, over 75,000 tokens have been purchased by crypto investors over the past 14 days. Nearly 816,000 of the 4-million presale token supply has already been sold. With just 3.18-million tokens left for cryptocurrency traders to buy at the current discounted rate, the Mollars token presale is expected to close within 48 days or on March 9th.
That prediction comes from dividing the number of tokens remaining in the presale supply by the daily average, excluding Sundays.
When do investors get their tokens?
On the day the Mollars ICO closes, investors will be able to get their tokens by visiting the Mollars.cc website. The buy button will change into a ‘claim now’ button.
The wait to claim is normal.as the tokens cannot be traded until listed on a cryptocurrency exchange. If traders had tokens before the ICO’s end, it could create problems for the digital currency post-listing on a DEX or CEX.
Token presales are for typically investors who believe in the ideas behind a cryptocurrency so much, they can envision a demand that will lift its price. The funds raised are used for the building of the infrastructure, liquidity pool, and other beneficial extensions of the crypto.
Is Mollars a Good Investment?
The reason traders believe in Mollars is simple. It offers a ‘store of value’ like Bitcoin but operates on Bitcoin-Blockhain’s biggest rival — Ethereum.
Ethereum blockchain is faster, less expensive, and more scalable for commercial uses than Bitcoin. Mollars combines that technology under its shell alongside the infrastructure of a store of value cryptocurrency that holds value against global inflation.
The new ERC-20 token also has 2 more upsides in comparison to Bitcoin. Mollars will mint less tokens than Bitcoin — 10 million vs 21 million. And also, the creator(s) of Mollars have vowed to leave the token ownerless, with 100% of tokens being put on the market for trade.
The scarcity of Bitcoin is what makes it valuable against global inflation, even against the almighty dollar. The second key for Bitcoin’s success is the demand and branding value, as it’s the oldest cryptocurrency of all.
Mollars is on a path to challenge Bitcoin’s rule as the only respected store-of-value token. The crypto’s whitepaper suggests the creators studied the $BTC coin’s infrastructure and now aim to ‘fix’ all of its weaknesses, starting with the outrageous crypto fees.
Why has no cryptocurrency fixed Bitcoin transaction fee before?
It’s a surprise no other crypto creator has done this before 2024. However, at the same time it’s not so shocking. Every few years a brilliant mind revolutionizes how crypto traders view the market and how they invest into it.
In 2011, Bitcoin was seen as a joke. One guy gave away his Bitcoin for a pizza. Now that pizza delivery driver has multi-million dollar holdings in the $BTC.
Nobody would have expected Shiba Inu nor Dogecoin to make millionaires back in 2020 and 2021. Yet, the two tokens yielded profit gains of over +20,000,000%. If Mollars were to follow that path it would likely eclipse the ROI yields of any other coins this year.
Mollars creators saw a problem with Bitcoin’s buy-sell transaction fees and did something to solve it. That solution is now in its token presale stage and rapidly headed towards a hard cap close, before launching on a major cryptocurrency exchange.
Once launched, perhaps it too will be among crypto investor’s great list of tokens that made multi-millionaires within months. And done so with a small investment.
Analysts already predict a parabolic uptrend in the Mollar’s price alongside forecasts to outperform ROI yields of Solana and the Meme Kombat token presale, a top play-to-earn gaming token’s presale,.
How much does 1 Mollars token cost?
View the latest on the Mollars token presale via the official website — Mollars.cc. The initial coin offering is in its 3rd round of fundraising and offers investors the opportunity to own whole tokens at a price of$0.45 each.
The price of tokens will increase 5-cents to $0.50 once the presale reaches approximately 1-million tokens sold.
