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Ethereum Blockchain version of Bitcoin pre-sold 3.2 million tokens from 4 million
The Ethereum blockchain’s version of Bitcoin is the new token, “Mollars”. A store of value against global inflation that has ruined Fiat’s money, the ERC-20 token is expected to launch on public exchanges after June 1. With the public debut on CEXES just around the corner, investors have purchased 3.2 million of the 4 million tokens, in what appears to be a solid show of support from Ethereum and the crypto communities at large.
The 3.2 million tokens were consumed primarily by cryptocurrency traders holding various other cryptocurrencies. An analytical report shows that buyers appear to be migrating funds from at least 10 More Cryptocurrency Brands which include SHIB, BONK, PEPE, ETH and others.
Migrations are also converting into growth in interests. Mollar research requests, ahead of launching on public crypto exchanges, are already underway rivaling Bonk Inu, Pepe Token and JasmyCoin. Each of these brands has been on the market for months or years and has a market capitalization of billions of dollars.
The increase in pre-sales could indicate a parabolic movement at launch
The driving force behind Mollars’ pre-sale figures is the low limited supply of the new token to be minted, an upcoming decentralized cryptocurrency exchange, and lower transaction fees.
According to an “Ask Me Anything” session with the leading crypto site, BeInCryptoMollars developer revealed the file Mollars.CC the cryptocurrency exchange will be released in September this year.
The cross-chain “DEX” will allow users to securely move funds across at least 10 blockchains. The list of chains is expected to include Ethereum, Bitcoin, Binance, and Solana chains.
The explosive sales growth over the last 7 days could indicate that the Mollars token will experience a parabolic price rise when it launches on the exchange after June 2nd.
DEX effects
The Mollars.CC exchange will also use $MOLLARS tokens. Each cross-chain transaction will use the “new Bitcoin” to facilitate deals between different networks at a $1 to $1 ratio. And it is expected to connect at least 10 blockchains, which could attract thousands of traders overnight.
Total token supply
With a total token supply of just 10 million, Mollars owns only half that of Bitcoin. In comparison, $BTC will mint 21 million tokens. The Ethereum Blockchain’s new store of value will be much more limited with a crypto exchange making the token even more scarce and difficult (or expensive) to acquire over time.
40% of Mollars TTS is sold in pre-sale, where its current cost is $0.55 [cents]. The remaining 60% will be sold via cryptocurrency exchanges, starting at an expected price of $0.62 [cents]depending on whether the presale hard cap is met.
Mollars saves dollars
Mollars also saves investors dollars. With the Ethereum blockchain as the underlying vehicle for transactions, it is expected to cost cryptocurrency traders 80% less than the Bitcoin blockchain in terms of transaction fees. Considering that the average $BTC trade costs over $30, Mollars is expected to have an average buy-sell fee of around $7. Of course, this will be much lower for smaller trades for both, maintaining a 7:30 ratio.
While specific details are not yet confirmed, Mollars.CC DEX is also expected to allow cryptocurrency traders to trade cross-blockchain at a cheaper price than many competitors.
Buy the cryptocurrency with the highest brand value
The most underrated aspect of Mollars, however, is marketing. The brand has a genius tokenomics plan and a white paper that includes how a portion of pre-sale funds will go to a professional marketing service to increase brand value and equity.
By focusing on marketing and branding, the Mollars token could accelerate in the race against Bitcoin; not to conquer $BTC but at least to conquer enough of the public who want to save on transaction fees. In time, everyone will join the Mollars movement, as people will realize how much a year of 80% savings on transaction fees is actually worth.
With Mollar’s limited supply, it is also crucial to note that the value of the token is determined solely by scarcity, just like Bitcoin. However, it has a decentralized exchange which will strengthen the use of tokens. The more people know about Mollars and the exchange, the higher the price of the coin will be. This means that a consistent marketing push will not only increase brand value but also the real-time value of tokens held by investors.
And there will be no owner of the token, as the entire marketing strategy has been planned in advance according to the white paper; At least since 2023, when the ICO was launched.
Just like the S&P 500, aka the stock market, higher brand value and good sales produce higher returns. Winning investment strategists like William O’Neal of the best-selling book “How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition” (visualization) agree. Smart investors choose tokens that have well-known brands that are growing in sales. It is evident that the founder of the Ethereum-Blockchian version of Bitcoin is aware of this and has incorporated a plan to facilitate such growth into Mollars’ infrastructure.
True visionary, even with today’s bearish cycle in the market, Notcoin and Mollar they are among the only two cryptocurrencies that surpass all-time highs.
The token presale will end on the last second of midnight on Saturday or June 1st. After this date, the buy-in price will be $0.55 [cents] may no longer be seen by cryptocurrency investors.