The ICO for 2024‘s new store of value altcoin, Mollars (MOLLARS), is gaining momentum with each passing day. The project’s initial coin offering has already reached 72% completion, leaving only 28% of the tokens available for purchase during the presale. This surge in interest can be attributed to Mollars being positioned as the next big thing for Ethereum Blockchain’s 250-million wallet holders.
The Advantages of Mollars
Mollars stands out as a digital store-of-value asset that is deflationary in nature. One of its key advantages over Bitcoin is the use of the Ethereum blockchain, which offers faster transactions, lower fees, and improved scalability. By leveraging the Ethereum blockchain, Mollars addresses many of the shortcomings associated with Bitcoin, including the risk of ‘stashed wallets’ owned by BTC founder, Satoshi Nakamoto.
Mollars sets itself apart from other cryptocurrencies by emphasizing ‘true decentralization’ in terms of branding value and utility. Unlike many other projects, Mollars ensures that neither the founders nor developers receive free tokens from its 10-million total token supply. This approach helps to prevent token dumps and market manipulation, ultimately fostering a more transparent and trustworthy ecosystem.
Despite not being listed on major exchanges yet, Mollars is gaining significant traction in the cryptocurrency community. The search volume for Mollars and related terms has been on a steady rise as the June 1st closing date approaches. Google trends indicate a surge in interest for Mollars, hinting at a potential breakout for the altcoin in the near future.
Several cryptocurrency exchanges have already committed to listing Mollars upon the conclusion of the presale on June 1st. With a limited supply of 10 million tokens, Mollars is expected to see a surge in demand and price appreciation once it surpasses the 5-million tokens sold mark. Currently priced at $0.55 cents per token during the ICO event, Mollars is projected to launch on exchanges at $0.62 cents, representing a 12% increase.
Industry experts and analysts are optimistic about Mollars’ future price potential. Some predict a 20x increase in value (+2000%) based on the tokenomics and project infrastructure, while others suggest a high of $6 per token. These projections were made when Mollars ICO was in its early stages, demonstrating the significant progress the project has made in terms of funds raised and tokens sold.
Mollars has emerged as a promising new entrant in the cryptocurrency space, offering unique features and benefits that set it apart from traditional coins like Bitcoin. With a growing community of supporters and increasing interest from investors, Mollars is poised for a successful launch and potential price appreciation in the coming months.