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Presale for Ethereum-Blockchain Version of BTC Nears Hard Cap as ICO Enters Final 24 Hours: Investors Raise 3.4 Million Tokens
Mollars token presale is approaching $1.68 million raised today. Altcoin and memecoin holders have been quick to purchase Ethereum Blockchain’s new version of Bitcoin, anticipating its launch on the cryptocurrency exchange next week at a higher price. Almost at the upper limit of 4 million tokens sold, the next question is: “How quickly will the total supply of tokens run out?”
The revolutionary Ethereum Blockchain token is a major disruptor for the Bitcoin (BTC) public. It has the potential to convince hundreds of millions of wallets to use it instead of the “OG” cryptocurrency.
Both tokens are a store of value against global inflation that is causing fiat currencies to collapse, but there are some subtle differences that could create a “David versus Goliath” outcome in Mollars’ favor.
What flaws does Bitcoin have?
The Bitcoin blockchain has suffered from several problems since its conception. As the first cryptocurrency ever created, it lacks modern technologies and programming in its infrastructure that newer cryptocurrencies have.
Furthermore, Bitcoin (BTC) is based on a blockchain that has the worst transaction fees of any cryptocurrency on the market. The average transaction fee from last year to date is around $34.
Finally, the total Bitcoin token supply of 21 million is great, but its founder Satoshi Nakamoto, who is still anonymous to the public, reportedly stashed $1 million BTC for himself before the coin’s launch in 2011. And for every coin who cashes in, someone has to lose. Furthermore, at any time, a dump of that wallet could create a wild and unpredictable swing in the price of Bitcoin.
What does Mollars do better than Bitcoin?
The new Ethereum Blockchain store of value token is eliminating all these risks and has better technology in its infrastructure. These are the main selling points that bring the Mollars token presale to its maximum limit of 4 million tokens.
First of all, the founder of the “$MOLLARS” token will remain anonymous just like Satoshi, without even providing a name. However, not a single Mollar token will remain unpaid. The full 10 million tokens of the total supply will be sold via an equal opportunity exchange. No hidden wallets, hidden stashes, or “gifts” to the developers or founder will be permitted.
What is the best cryptocurrency blockchain?
The Mollars will also be based on a better blockchain than Bitcoin. It is layered on the Ethereum blockchain, the best of all blockchains.
The transaction fee for buying and selling $MOLLARS tokens is expected to be on average 80% lower than that of its main niche rival as a store of value, Bitcoin. This means that a transaction fee of $10 per $BTC should cost you $2 if you choose Mollars instead. And for smart investors, every dollar saved is a dollar earned.
Finally, since Mollars is based on the Ether blockchain, it should be much more scalable than the Bitcoin blockchain in the future. Faster transactions, more secure transactions, and a faster evolving ecosystem to use it in.
Can Mollars Make More Profit Than Bitcoin?
Not to be overlooked, Mollars also appears to have a higher ROI potential. With the token presale currently offering the ERC-20 token for $0.55 cents, we are far from the “ceiling” of where it can go. The world still does not have access to $MOLLARS tokens on public crypto exchanges.
In comparison, Bitcoin has been on the market since 2011; Over 10 years ago it was created. Millions of people trade $BTC and it has survived the battle to get people to trust the cryptocurrency.
As of 2022, it has been reported that over 219 million people have used Bitcoin since its inception and that number could be millions more today.
Given that the cryptocurrency world has around 450 million people using it today, it would take a tremendous amount of marketing and influence to create a user pool large enough to influence the price of Bitcoin today. This is because the value of cryptocurrency is determined by demand. It needs hundreds of millions of users to buy it or earn billions of dollars from institutions to create enough demand to see a hyperparabolic upward trend in price again.
Mollars, on the other hand, only has “thousands” of people who have purchased tokens to date as it is still early in the launch phase. If just 100,000 traders bought the token, its price could explode by a huge percentage overnight; one thousand percent, most likely.
Therefore, Mollars’ ROI return potential is still very attractive to investors. It could see a “crypto moonsault” on its price, actually offering a useful utility to the cryptocurrency world.
Mollars.CC cryptocurrency exchange
Also note that the Mollars token will launch a decentralized cryptocurrency exchange by September 15 this year. This DEX, to be hosted on Mollars.CC domain, will allow users to trade cross-chain cryptocurrencies within 10 different blockchains. The $MOLLARS token will be held to facilitate such trades, increasing pressure on the token’s price as normal trader activities continue.
All of these factors have been made transparent to cryptocurrency traders over the past 30 days, along with a AMA session with BeInCryptothis is likely the driving force behind the explosion of buyer activity for pre-selling Mollars tokens.
Token presale already sold for 35% of the total supply
Although it did not reach the maximum limit of 4 million tokens sold, it exceeded 3.45 million pre-sold. This means that over 35% of the total all-time supply of Mollars tokens has already been acquired by investors and will be traded on exchanges.
If the HODLing and trading activity of cryptocurrency traders already invested in Mollars can influence its position on cryptocurrency exchanges already slated to list on the ERC20 next week, the end results could be a shower of ROI returns.
Watch the token presale carefully to see if it sells out.
