Blockchain
The Ethereum blockchain has a new version of Bitcoin and exchanges confirm the listing ahead of its launch
The Ethereum blockchain has a new version of Bitcoin that is better in at least 3 ways. Faster transactions, lower fees, and a lower total token supply with no “hidden tokens” hidden by the founder. Ingenious tokenomics, transparent white papers and what has become a marketing frenzy have created an unprecedented trend. The “Mollars token” has become such a recognized brand among cryptocurrency traders, the number of cryptocurrency exchanges confirmed to list the new altcoin is growing and before its ICO event ends.
In a rapidly growing list, XT.com, has become the third cryptocurrency exchange to confirm its listing on new Bitcoin rival, Mollars. Others that have been announced in less than two weeks include Bitmart and LBank exchanges.
On the Mollars subreddit communityIt’s clear that investors are excited about the growing list of cryptocurrency exchanges ready to list the tokens they’ve invested in.
How many traders have access to Mollars via these cryptocurrency exchanges?
Between the 3 exchanges, the token will be introduced to a direct audience of 18 to 20 million cryptocurrency traders. These figures are loosely based on statistics provided by “how many users does X Exchange have” queries on Google. The indirect reach of just the 3 exchanges, counting social media and overall ecosystems, is over 50 million people.
These exchanges are announcing their upcoming Mollars token listing for various reasons which may include, but are not limited to:
- Massive question — Mollars presale has already accumulated over 2.85 million tokens sold. Hundreds, if not thousands of users will register on these exchanges to use their $MOLLARS.
- Trust — The founder and/or developers have already provided sufficient liquidity to demonstrate that the token can be supported. User funds are safe and exchanges have verified this.
- Dresser — Just like investors, these cryptocurrency exchanges likely see mutual benefits for the token, its users, and the exchange itself; A health trifecta for the decentralized financial community.
Centralized exchange XT.com was the latest to confirm that it will list the Mollars token after the ICO ends. However, it wouldn’t be a surprise if others had already confirmed listings through X [formerly twitter] or their blogs besides this one.
MexC and Uniswap
Cryptocurrency traders on Reddit are hoping that Uniswap and major Latin American exchange MexC will also list the Mollars token. Neither of these two exchanges confirms quotes until 48 hours after the initial coin offering closes.
Coinbase, Robinhood and Crypto.com
The absolute best cryptocurrency exchanges, such as Coinbase, RobinHood and Crypto.com, do not list tokens before they reach a certain market capitalization. If Mollars sees a parabolic uptrend in value, driven by demand, perhaps exchanges will start to notice.
So far, cryptocurrency traders have purchased over $1.34 million worth of Mollars tokens via pre-sale. Currently, at a rate of 0.55 cents per token, over 2.8 million tokens will be sent to traders’ wallets at the end of this initial coin offering.
Mollars’ total token supply is 10 million tokens. Only 40% or 4 million tokens will be sold via pre-sale. Currently, over 71% of the allocated supply has been sold, leaving only 29% available in the final 16 days of the ICO.
Cryptocurrency exchanges are expected to list the $MOLLARS token at a price of $0.62 US cents after the hard cap is reached.
The best investor bought $23,000 in Mollars
The main investor so far in the project is a migrant investor who purchased $23,000 worth of $MOLLARS tokens. The investor’s portfolio reveals that they are a major Shiba Inu (SHIB) token holder. who is moving funds to other opportunities. The investor uses the dollar-cost averaging strategy and completed the huge sum in 12 transactions. This investment could continue to grow between now and the end of the ICO.