Ethereum blockchain’s version of Bitcoin is the new token, “Mollars.” A store-of-value against the global inflation that’s marred Fiat money, the ERC-20 token is slated to launch on public exchanges after June1st. With the public debut on CEXES just around the corner, investors have bought 3.2 of 4-million tokens, in what looks to be a solid show of support from the Ethereum & general crypto communities.
The 3.2-million tokens have mostly been consumed by crypto traders who hold various other cryptocurrencies. An analytical report shows buyers appear to be migrating funds from at least 10 other cryptocurrency brands that include SHIB, BONK, PEPE, ETH, and more.
The migrations are also converting into growth in interests. Mollars search inquiries, before launch on public crypto exchanges, is already rivaling Bonk Inu, Pepe Token, and JasmyCoin. Each of those brands have been on the market for months to years and have billion dollar market caps.
Presales Surge Could Indicate Parabolic Movement Upon Launch
The driving force behind the Mollars presale’s figures is the new token’s low finite supply that’s to be minted, a coming decentralized crypto exchange, and lower transaction fees.
Per an ‘Ask Me Anything’ session with major crypto media site, BeInCrypto, Mollars developer has revealed the Mollars.CC crypto exchange will be released in September of 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 of the last 7 days could indicate Mollars token will head into a Parabolic price hike upon launching on exchanges after June 2nd.
DEX Effects
The Mollars.CC exchange will also make use of $MOLLARS tokens as well. Each cross-chain transaction will use the ‘new Bitcoin’ to facilitate deals between different networks at a $1-to-$1 ratio. And it’s expected to connect at least 10 blockchains, which could draw in thousands of traders overnight.
Total Token Supply
With a total token supply of just 10-million tokens, Mollars has only half that of Bitcoin. The $BTC will mint 21-million tokens in comparison. Ethereum Blockchain’s new store of value will be much more limited with a crypto-exchange that will make the token further scarce and difficult (or expensive) to acquire in time.
40% of Mollars TTS is being sold in presale, where its current cost is $0.55 [cents]. The other 60% will be sold via crypto exchanges, beginning at an expected price of $0.62 [cents], depending upon if the hard cap of the presale is fulfilled.
Mollars Saves Dollars
Mollars saves dollars of investors as well. With Ethereum-blockchain as its underlying vehicle for transactions, it’s expected to cost crypto traders 80% less than Bitcoin-blockchain when it comes to transaction fees. Whereas the average $BTC trade costs over $30 , Mollars is predicted to have an average buy-sell fee of around $7. Of course, this will be much lower for smaller trades for either, maintaining a 7:30 ratio.
Though specific details are not yet confirmed, it’s also expected that the Mollars.CC DEX will allow crypto traders to cross-blockchains at a cheaper rate than many competitors.
Buy the Cryptocurrency With Highest Branding Value
The most undervalued aspect of Mollars however is the marketing. The brand has a genius tokenomics plan and whitepaper that includes how a portion of presale funds will go into a professional marketing service to increase brand value & equity.
With a focus on marketing and branding, the Mollars token could accelerate itself in the race against Bitcoin; not to conquer $BTC but to at least snatch enough of its audience that wants to save money on transaction fees. In time, all will join the Mollars movement, as people realize how much 1 year of saving 80% on transaction fees is actually worth.
With Mollars limited supply, it’s also key to note that the token’s value is driven purely by scarcity just as Bitcoin. However, it has a decentralized exchange that will bolster the use of tokens. The more people who know about Mollars and the exchange, the higher the price of the coin will go. This means, a consistent marketing push will not only add to brand value but also real-time value of tokens held by investors.
And there will be no owner to the token, as the entire marketing strategy was preplanned per the whitepaper; At least since 2023 when the ICO launched.
Just as the S&P 500 aka stock market, higher branding value & good sales yield 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” (view) concur. Smart investors go with the token that has the known brands that are growing in sales. It’s apparent the founder of Ethereum-Blockchian’s version of Bitcoin is aware of this and incorporated a plan to facilitate such growth in the infrastructure of Mollars.
True visionary, even with the bear cycle of today across the market, Notcoin & Mollars are among the only two cryptocurrencies breaking all time highs.
The token presale will end on the last second of midnight Saturday or June 1st. After this date, the buy-in price of $0.55 [cents] may no longer be seen again by crypto investors.
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