The Mollars token presale has leapt past 1-Million tokens sold. The new store-of-value token on the Ethereum blockchain has a feverish buzz among crypto investors. The official initial coin offering page indicates 26% of the total presale supply of tokens is sold, leaving 74% available.
The massive amount of tokens comes after a leap in sales over the last 48 hours. This jump occurred after several positive reports on the Mollars token from analysts and reputable crypto auditors.
The exact number of $MOLLARS sold stands at 1,042,621 with 2.9-million tokens still available to be purchased. The last few million are likely to be sold before February 2024’s end. Based on the count of daily buy transactions logged on the presale’s $ETH ledger, Mollars tokens have sold 300,000+ tokens on single days. This makes the remaining supply of 2.9-million look miniscule.
Of the total token supply to be minted [ever], 10-Million, only 4 million will be offered during this discounted ICO stage. Rates of the Mollars token currently are $0.45 [cents] each as it’s in the 4th round of presales. However, this rate will increase 5-cents with each presale round until the 6th and final round where it closes at $0.60 [cents].
Public Crypto Exchange [CEX] Listing Day Price
After the Mollars token presale closes, it will launch on a crypto exchange at the price of $0.62, offering all investors an immediate profit yield on their investment.
According to analyst reports, 4th round investors will see +400% greater CEX listing yields due to the 10-cent difference. The 5th round investors will see +200% greater listing day yields.
If the current rate of demand for the new Bitcoin-rival and store-of-value, Mollars tokens may possibly sell out 100% of the total token supply [10-million] before the end of the 1st quarter 2024. Daily, over 80K tokens have been sold during the ICO over the last 2 weeks. At that ‘buy rate,’ after a crypto exchange listing, Mollars CEX supply of 6-million tokens could sell out in 75 days.
Bitcoin Has Satoshis, Mollars Has Molls
There are only 10-million whole tokens that will be minted of Mollars. After that limited supply has been acquired by crypto traders, fractions of tokens will begin being sold. These are to be referred to as “Molls,” similar to the Satoshi of Bitcoin.
Most $BTC traders do not have a whole BTC, but instead have fractions of one whole Bitcoin, referred to as a Satoshi. One coin costs nearly $40,000 (USD) which most do not have to invest. Therefore, opportunists instead settle for a fraction of one coin and invest what they can, whether it be $100 or $1000. Regardless, they receive the same profit yields as a whole token holder. If Bitcoin goes up 20%, so does a Satoshi.
Mollars will have the ‘Moll.’ After whole tokens have been sold out, the demand is likely to push up token value and also again, increase demand. The new demand and price from buyers will result in traders receiving the more affordable ‘Moll,’ based on the amount of money a trader chooses to invest.
New Crypto Whale Added To Top 5 Mollars Holders List
For now however, investors who understand the tokenomics and infrastructure, are feverishly buying the whole $Mollars tokens. There are several crypto whales, sharks, and fish who have invested thousands to ensure they have whole tokens in their portfolio.
Though a recent list of “Top 5 Mollars holders,” was just released yesterday, it now has to be updated as of today. Just this morning, two new crypto whales bought into the token presale, each investing near or over $5,000 (USD).
The first whale made two transactions (1, 2) in Tether ($USDT). The total buy was for $6245. The first purchase was for US$2,000. The second Mollars presale buy, which came immediately after, was for US$4,245. This happened around 1AM (est) on the dot, Wednesday morning.
The single transaction of $4,245 was the 6th biggest buy of the token presale. This netted the investor 9,433.33 whole Mollars. The two transactions together gives this trader a total holdings of 13,877.78 tokens.
The second new addition to the Top 5 list is also a crypto whale. The presale investor made their purchase in USD Coin ($USDC) from the MATIC network. This investor bought $5,005 (USD) worth of $Mollars tokens.
This buyer now holds the record for 4th biggest single transaction in the presale. The acquisition adds ~11,122.22 Mollars to their portfolio.
Expect An Increase In Daily Token Sales
These records could be shattered again in the coming weeks as investors continue to buy the new Bitcoin-alternative. Though the ICO had a hard deadline of May 2024, the ‘hard cap’ or presale token supply is likely to be exhausted far earlier. Various analysts are predicting February 2024, this highly-touted token presale will end with all 4-million $MOLLARS sold.
Daily numbers could easily continue to ramp upwards with yesterday’s news of Mollars choosing to release a new cryptocurrency exchange or native blockchain. This could shorten the deadline even further and an increasing demand post-CEX listing as these decentralized applications will require use of the token.
Mollars tokens are being sold exclusively through the official website, Mollars.com. Once the presale closes the token will be listed on a cryptocurrency exchange and based on the Ethereum-Blockchain initially. Investors will be able to claim their tokens by simply visiting the official website and clicking the ‘claim’ button that will replace the current ‘buy’ button, according to the Mollars subreddit.