The ICO for the new store of value altcoin, Mollars (MOLLARS), has been making significant progress, with the funding pushing quickly towards US$1,500,000. The initial coin offering has already moved to 72%, leaving less than 28% of the tokens allocated for the presale available for purchase.
Mollars is gaining popularity as it presents itself as the answer to Bitcoin for Ethereum Blockchain’s 250-million wallet holders. This new altcoin serves as a digital store-of-value asset that is deflationary in nature. One of the key advantages Mollars has over Bitcoin is its utilization of the Ethereum blockchain, which is faster, cheaper to use, and more scalable.
Mollars stands out as one of the few cryptocurrencies with true decentralization in terms of branding value and utility. The cryptocurrency’s policy of not giving free tokens to its founders or developers eliminates the risk of token dumps or market manipulation. This approach is similar to Dogecoin, which is known for being truly decentralized and has gained global recognition.
Even though Mollars is not yet listed on exchanges, its search volume is rapidly increasing as it approaches its June 1st closing date. The brand name “Mollars” has seen a significant surge in search volume and is generating considerable interest in the crypto community. This surge in popularity hints that Mollars may be on the verge of a major breakthrough in the crypto space.
Three cryptocurrency exchanges, namely Bitmart, LBank, and XT, have already announced their plans to list Mollars. This move will provide millions of users on these platforms access to the new altcoin once the presale ends on June 1st. With only 10-million tokens ever to be minted, Mollars is expected to sell out quickly and experience a sharp increase in price if it surpasses 5-million tokens sold.
As of now, nearly 3-million MOLLARS have been sold to crypto traders via the token presale at $0.55 cents per token. The altcoin is set to launch on exchanges at a price of $0.62 cents on June 1st if the hard cap is reached, representing a 12% increase from the current price. Speculations from various cryptocurrency news outlets and analysts suggest that Mollars could see substantial price increases in the future.
Analysts have predicted different scenarios for the price of Mollars, with projections ranging from a 20x increase (+2000%) in value to a potential high of $6. These projections were made when the project had raised significantly less funds and sold fewer tokens. With the project now closing in on $1.4 million in funds raised and almost 3 million tokens sold, the potential for Mollars to make a significant impact in the crypto space is becoming more evident.
Leave a Reply