Ethereum-Blockchain’s New Rival Token For Bitcoin Has Half The Total Supply

Mollars token presale, in layman’s terms, is on fire. It’s possibly the hottest Initial Coin Offering of 2024 and impressive price predictions (1,2,3) are from august DeFi analysts. With only days until its June 2nd launch date for a plethora of crypto exchanges, the total token supply looks as if it could be gone fast. Only 10-million Mollars tokens will be minted for Ethereum-Blockchains new rival to Bitcoin and the 3 first exchanges to confirm they’re listing the token, have over 20-million users.

The ‘total token supply’ is the number of tokens that a cryptocurrency will mint; finite or infinite, this information is always available to the public.

Mollars TTS is set for only 10M. In comparison, Bitcoin is its top rival and has a TTS of 21M. That limited supply along with over 400-million people believed to be using cryptocurrency today, that’s why Bitcoin’s price has driven upwards to $70,000. Investors bought & sold $BTC coins at such a high rate, demand exceeded supply, leaving traders only ‘fractional’ pieces to buy. The feverish buying generated a valuable digital asset, with money trapped in the liquidity pool to back it.

What does Mollars offer to Decentralized Finance?

Mollars token is Ethereum-Blockchain’s version of the BTC. It will offer the same store-of-value asset traits along with a deflationary token burn system.

Beyond the token, Mollars will also launch a decentralized cryptocurrency exchange on their secondary domain, Mollars.CC. Details on the exchange are expected to be published in the coming week. The DEX information could have a major influence on token presales through the Mollars ICO closeout deadline, June 2nd.

Will minting only half the total supply of Bitcoin Push Up Prices?

Of the 10-million tokens to be minted, 4M were allocated to the initial coin offering event for fundraising. Nearly 3-million tokens have been pre-sold, before the ERC-20 crypto is live on any public crypto exchange.

Yesterday, the massive sum of $1.4-million-dollars was surpassed in the Mollars ICO event. It appears crypto traders have a deep reverence for the store-of-value token, with a top investor having over $20,000 (USD) staked into the presale.

Positive Points

Other positive notes for the Mollars token thus far include mentions on various DeFi media outlets and crypto exchange listings being announced. The new ERC-20 token has also gotten very positive predictions from respected show hosts and writers.

Google data has also been favorable for investors. The Google Trends app reports that “Mollars” keyword is already as popular in terms of search inquiries as top cryptocurrencies, Pepe (PEPE) and Bonk Inu (BONK) tokens. The popularity has caused major migrations of investors from popular cryptocurrencies like Kaspa (KAS) to the Mollars ICO.

Currently priced $0.55 (cents) per token, the $MOLLARS presale is in its 5th of 6 funding rounds. The fifth round will close out once 3-million tokens have been sold. After that milestone, the ICO event will move to its sixth funding round and automatically increase the token’s offer price to $0.60.

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