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Home/Crypto News
Crypto News

Ethereum blockchain has a new Bitcoin version; exchanges confirm listings pre-launch

Author
Joshua Downes
Joshua Downes
Crypto Writer
Fact Checked by Joshua Downes
Last updated: May 19, 2024
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
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Ethereum blockchain has a new Bitcoin version; exchanges confirm listings pre-launch

The new version of Bitcoin on the Ethereum blockchain is superior in at least three aspects. Reduced fees, quicker transactions, and a smaller total token supply without any “stashed tokens” that the founder has concealed.

An unprecedented trend has been created by transparent whitepapers, brilliant tokenomics, and the current marketing frenzy.

The term “Mollars token” has gained significant recognition among cryptocurrency traders, and an increasing number of exchanges have confirmed listing the new altcoin before its initial coin offering (ICO) ends.

🚀 Only 15 days left until the end of the #Mollars presale! Be ready for the epic launch and join the #MollarionsClub by contributing just $0.55 per Mollars.

Get ready for listings on #LBank, #BitMart, and #XTListing at launch! 💰🔗#crypto$SHIB $PEPE $LINK $LINGO $FLOKI $BTC pic.twitter.com/5JeTdvgy7w

— Mollars (@mollarstoken) May 17, 2024

Furthermore, XT.com is now the third cryptocurrency exchange to confirm listing Mollars, the newest rival to Bitcoin, in a list that is growing quickly. Bitmart and LBank exchanges are among the others that have made announcements in the last two weeks.

Investors are obviously thrilled about the growing number of cryptocurrency exchanges that are planning to list the tokens they have invested in, according to the Mollars subreddit community.

How many traders use these exchanges to get Mollars?

The token will be presented to a direct audience of eighteen to twenty million cryptocurrency traders through the three exchanges.

These numbers are largely based on statistics that Google searches for “how many users does X exchange have” have produced. Including social media and entire ecosystems, the three exchanges alone have an indirect reach of more than 50 million people.

For a number of reasons, some of which may be but are not limited to: these exchanges are announcing that they will soon be listing the Mollars token.

𝗠𝗢𝗟𝗟𝗔𝗥𝗦

📢LBank will list Mollars with the project nearing a sold-out Initial Coin Offering of $1.3 million. The project aims to minimize rug pulls with oversight from major exchanges and a capped total supply of 10 million tokens.#BTC #Mollars #ICO pic.twitter.com/r0AMFXU6Bf

— NewInBlock (@NewInBlock) May 11, 2024

Extreme demand: More than 2.85 million tokens have been sold during the Mollars presale. To use their $MOLLARS, hundreds, if not thousands of users will register with these exchanges.

Trust: Enough liquidity has already been provided by the creator and/or developers to demonstrate the viability of the token. Exchanges attest to the security of user funds.

Belief: Similar to the investors, these cryptocurrency exchanges probably perceive a trifecta of advantages for the decentralized finance community: the token, its users, and the exchange itself.

The exchange that is centralized The most recent exchange to declare that it will list Mollars token following the conclusion of the ICO is XT.com. Beyond this, it wouldn’t be shocking if other people had already verified listings through X (formerly twitter) or their own blogs.

Uniswap and MexC

Reddit users who trade cryptocurrency hope that the Mollars token will be listed on Uniswap and MexC, a significant exchange in Latin America. Within 48 hours following the closing of the initial coin offering, neither of these two exchanges confirms listings.

Crypto.com, Coinbase, and Robinhood

Tokens are not listed on the best cryptocurrency exchanges, such as Coinbase, RobinHood, and Crypto.com, until they hit a certain market cap. Maybe the exchanges will notice a parabolic uptrend in value if Mollars observes it as a result of demand.

#Mollars is redefining the store of value. Secure, immutable, and with a vision to rival Bitcoin on #Ethereum, we're not just participating in the market—we're set to lead it.

— Mollars (@mollarstoken) May 13, 2024

Through the presale, cryptocurrency traders have already purchased Mollars tokens worth over $1.34 million. At the conclusion of this initial coin offering, more than 2.8 million tokens—currently valued at $0.55 cents each—will be delivered to traders’ wallets.

Ten million Mollars are available in total as tokens. Through the presale, just 40%, or 4 million tokens, will be sold. As of right now, more than 71% of the allotted supply has been sold, leaving just 29% for the final 16 days of the initial coin offering.

After the hard cap is reached, cryptocurrency exchanges are anticipated to list the $MOLLARS token at a cost of $0.62 cents.

A prominent investor purchased $23,000 in Mollars

A migrant investor who has invested US$23K in $MOLLARS tokens is the project’s top investor thus far. The investor’s wallet reveals that they are a significant Shiba Inu (SHIB) token holder who is allocating their funds to other ventures.

The investor completed the enormous amount over the course of 12 transactions by using the dollar cost averaging strategy. Until the end of the ICO, this investment may increase further.

Joshua Downes
Author

Joshua Downes

Joshua Downes is an experienced journalist and editor specialising in finance, trading, cryptocurrency and online betting. Over the last eight years, he has written for numerous publications and media outlets, both print and online. These include Trading-Education, Wetten, GamblingGuy, BitReviews, Industry Slice, and Gulf Business. With a BA in journalism and an MA in English, Joshua aims to provide informative and highly readable articles, making even the most complex of financial concepts easily understandable for the average reader. Joshua is currently pursuing professional qualifications in finance and also has extensive knowledge of the gambling industry, having spent four years working in operations for Gala Coral.

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