Home
News
Crypto traders are making it clear, they want to stop losing so much money on Bitcoin transaction fees. How did they do this? Simple, buying the supply of the new store-of-value token on the Ethereum blockchain, Mollars. Traders have purchased 1 million of the ‘red hot’ tokens in presale, before its CEX listing date.
The token presale site, Mollars.com, has displayed an average of over 100,000 tokens purchased in the last 24 hours. The daily average of tokens sold over the last [nearly] 2 weeks has been well over a staggering 90,000.
The biggest day of token sold, saw investors grab over 300,000 $MOLLARS in one day.
Why Crypto Traders Bought 1-Million Tokens
The main reason for the feverish demand for the store-of-value token is the solution it offers to Bitcoin’s high transaction fees. Mollars will initially launch on the Ethereum blockchain. Whereas the Bitcoin blockchain averages a fee of $39 per transaction, the Ethereum chain’s average is only $7. That difference is a savings of $32 or about 80%.
Anyone who can save 80% on transaction fees but chooses to stay on the more expensive Bitcoin-blockchain, must feel the need to throw their hard-earned money in the trash.
After all, the whole premise of cryptocurrency was to help traders save money by doing peer-to-peer transactions that avoid centralized banking fees. Bitcoin has lost its way; it’s antiquated. Mollars whitepaper plan looks to pick up on some of the bright spots of Satoshi Nakamoto’s plan with the $BTC and improves upon its flaws.
Is Satoshi Nakamoto The New Central Bank for Bitcoiners?
The founder of Bitcoin, according to Mollars founder(s), is also a problem for the cryptocurrency world. The nameless crypto-innovator points out how Satoshi kept 1-million of the 21 million Bitcoins minted, free for himself. Besides, that is not truly decentralized according to them.
Various crypto investigators have linked a wallet to Satoshi that has held 1,000,000 Bitcoins at its apex. The staggering amount is more than the United States and Chinese governments have together in their possession. At the peak of the $BTC bull run, Nakamoto would have been one of the top 20 richest people on earth with 1M tokens holding a value of $70 billion.
Equal Opportunity: 100% of Mollars Tokens To Be Sold
This amount is too much according to the Mollars founder(s), who says not a single token from the new bitcoin-alternative will be gifted or free to him/her or team members involved in the project. Every $MOLLARS token minted will be sold through an equal-opportunity process.
Mollars cannot be controlled nor manipulated by a founder who’s holding an undeserving bag of free tokens.
Total Token Supply Minted
A third and stark difference between Mollars and Bitcoin is the total token supply. The $BTC has had 21 million coins minted since 2011. Mollars will mint under half of that supply, 10 million.
Both cryptocurrencies have a drastically lower total token supply than competitor altcoins like Solana, Litecoin, Shiba Inu, XRP, or Dogecoin. This is why Mollars is getting better predictions than $SOL, $SHIB, $XRP, and others for the next year’s ROI.
Analysts Predict 20x to 44x ROI Yields
Prominent Crypto News reporter, “Ari,” recently did a report on Mollars. The cryptocurrency news and analysis host reviewed the Mollars.com token presale, wallet bridge [payment option], and tokenomics, calling all 3 factors trustworthy.
After giving the thumbs up to the project, Ari made a prediction that the token could see up to 20x in profit yields over 2024. He also said he wouldn’t be surprised if the token did more as it looks ‘explosive.’
The Crypto News host gave this prediction just before another big development was announced by Mollars. The store-of-value token clarified what type of decentralized application it would create to accompany the crypto’s launch. Surprisingly, the new Bitcoin alternative will be releasing its own crypto exchange or native blockchain.
Is Mollars.com Safe For Investors To Buy?
Also, Cyberscope completed a full audit of the Mollars.com presale smart contract and verified it’s safe for investors and in compliance with token data shown in the whitepaper; Or in layman’s terms, it’s legitimate and not scamming users.
Big news, the 2 announcements make earlier projections of a 44X increase in token value seem more appropriate than Ari’s 20x forecast. Either way, both forecasts are highly positive for those who have invested in the new ERC-20 token presale.
To date, all of these factors have led to an explosive 2 weeks of presale activity. Current data on Mollars official website shows 1,055,954 tokens have been acquired by crypto traders before the $MOLLARS listing on crypto exchanges [CEXES]. It surged past 1-million tokens sold in the early hours of Wednesday [January 24th].
The token presale has a closing date of May 2024 or when 4 million tokens have been sold. Based on daily sales averages at the moment, it’s more likely the 4M Mollars tokens will be sold before the end of next month, February.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
