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Cryptocurrency News Articles

Mollars Presale Nearing Completion: Groundbreaking Crypto with Unmatched Scarcity and Decentralization

Apr 19, 2024 at 01:13 am

As the Mollars presale nears its end, investors have less than 15 days to purchase $MOLLARS tokens at a discount before the May 24 Initial Coin Offering. With nearly 60% of the presale supply sold, Mollars has already secured over a million dollars in funding, representing over 22% of its total supply. Developed as a deflationary store of value on the Ethereum Blockchain, Mollars aims for a fair token distribution, with no "self-made whales." The upcoming decentralized exchange, Mollars.CC, will utilize the token's scarcity and cross-chain transaction capabilities to provide cost savings for traders.

Mollars Presale Nearing Completion: Groundbreaking Crypto with Unmatched Scarcity and Decentralization

Mollars Presale Nears Completion, Unveiling Groundbreaking Cryptocurrency with Unprecedented Scarcity and Decentralization

As the Mollars project enters the final stages of its presale, the anticipation for its highly anticipated public launch reaches a fever pitch. With less than 15 days remaining before the initial coin offering (ICO) on May 24, investors have a limited window to acquire $MOLLARS tokens at a substantial discount.

Exceptional Fundraising Success

Since its inception, Mollars has garnered immense investor confidence, raising over $1 million in its initial funding rounds, a remarkable feat for a nascent cryptocurrency. This overwhelming support underscores the project's solid foundation and promising future.

Over 60% of Token Supply Sold

To date, nearly 60% of the total presale supply has been sold, accounting for over 22% of the total $MOLLARS token supply. This remarkable achievement indicates the strong demand for this innovative cryptocurrency within the investment community. Upon its public launch, approximately a fifth of the total token supply will be held by the investment community, ensuring widespread adoption and support.

Deflationary Store of Value on Ethereum Blockchain

Mollars has been meticulously designed to introduce a reliable and stable cryptocurrency native to the Ethereum Blockchain. As a deflationary store of value asset, Mollars provides users of the world's most active blockchain a secure haven to protect their investments against external market pressures.

Presale Transparency and Accountability

The Mollars team is committed to transparency and trust during the funding rounds. They have released the official presale addresses in ETH and USDT, allowing investors to verify the authenticity and integrity of the process.

Complete Ownerlessness and Fair Token Distribution

Unlike many other cryptocurrencies, Mollars is completely ownerless, meaning that none of the developers or founders involved in its creation receive monetary bonuses in $MOLLARS tokens. Developed under the "fair trade cryptocurrency" (FTC) norms, Mollars ensures a fair and equitable distribution of tokens to the entire industry.

Absence of Self-Made Whales

The FTC guidelines prohibit the existence of "self-made whales" – individuals within the project who possess a large quantity of tokens that could influence the cryptocurrency's market performance. This measure ensures that the token's value is solely determined by its performance, adoption, and utility.

Mollars to Become a Decentralized Exchange

The scarcity and deflationary characteristics of $MOLLARS tokens will be optimally utilized when the token goes live. The developers have announced plans to establish Mollars.CC, a decentralized exchange (DEX) powered by $MOLLARS as its native token.

Significant Potential for Returns

As the native token of a DEX, $MOLLARS has the potential to generate significant returns for early investors. Its scarce supply of 10 million tokens has never been seen before in the DEX market. By facilitating cross-chain transactions, Mollars' usability and scarcity will significantly impact each token's value.

DEX Launch Coinciding with ICO

The DEX is expected to be launched alongside the ICO on May 24, providing investors with immediate access to the full range of Mollars' functionalities.

Reduced Transaction Fees

In addition to its value as a store of value and its potential returns as a DEX token, Mollars also offers significant cost savings for traders. By leveraging Ethereum layer-1 blockchain technology, Mollars is projected to charge a minimal average fee of $7 per trade in 2023, compared to Bitcoin's hefty $39 average fee.

Bright Spot amidst Market Uncertainty

The launch of the Mollars ICO is strategically timed to coincide with the anticipated Bitcoin halving. This could prove to be a significant advantage, as Mollars' unique features and strong fundamentals may attract investors seeking a safe haven during potential market volatility.

Conclusion

The Mollars presale has been a resounding success, attracting a substantial investment community and selling over 60% of the total token supply. As the presale enters its final phase, investors are urged to act swiftly to secure $MOLLARS tokens at a discount. With its innovative features, including deflationary tokenomics, fair distribution, and upcoming DEX, Mollars is poised to revolutionize the cryptocurrency industry. The impending ICO is a prime opportunity to gain early exposure to this promising project and reap its potential rewards.

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