In the dynamic world of cryptocurrency, few events captivate the attention of investors quite like the meteoric rise of a promising ICO. However, after a massive migration of Shiba Inu (SHIB) token holders last week, Mollars token presale has done just that.
The tok presale has skyrocketed from under $60K in early January to now surpassing the remarkable milestone of $1 million in sales. After a single crypto whale invested $17K, catching the attention of Shibarmy loyalists of all levels, investors are flocking to secure their stake in this burgeoning store-of-value project.
One of the key drivers behind the exponential growth of Mollars is its appeal to users interested in Bitcoin and other deflationary assets. Eager to use the ERC-20 token to retain value against global inflation, traders are surely also aware of the new crytpocurrency’s potential for significant gains. These two factors are creating signals that indicate the $MOLLARS crypto will be a success for early investors.
Shiba Inu project enthusiasts have been looking for any stable investment opportunities as the price of $SHIB has left over 60% of its holders in the negative. Mollars listing price of $0.62 cents, which is +24% higher than its current presale price, has the potential to wipe away nearly half of the losses many SHIBarmy cadets have lost in the past 6 months without influence from growth predictions.
As a deflationary digital asset akin to Bitcoin but operating on the Ethereum-Blockchain, Mollars offers memecoin investors the potential to get rid of their losses and go into a highly profitable direction, based on some future predictions.
Scarcity of Mollars Token Pushes Up Value Through Demand
Mollars is a beacon of stability and potential within the volatile realm of the global inflation criss. Its growing brand value has debatably positioned it as a premier store of value for the 250-million Ethereum Blockchain users.
Central to the SOV asset’s appeal is its well planned tokenomics and a finite token supply of 10 million $MOLLARS tokens. This scarcity inherently instills a sense of exclusivity that’s expected to continue driving up demand from memecoiners seeking a solid cryptocurrency that’s not overly produced — such as Shiba Inu (SHIB), Bonk Inu (BONK), etc.
Beyond profit, the deliberate curation of a capped token supply serves as a catalyst for Mollars journey towards becoming a deflationary currency. As demand for $MOLLARS tokens surges, propelled by their store-of-value characteristics, this scarcity in turn fuels upward pressures on the token’s value; It will pave the way for a self-reinforcing cycle of appreciation.
This is also something Shiba Inu (SHIB) project developers failed to provide for its traders.
$SHIB Founders Held $1-Billion In Free Tokens For Themselves
Another key factor is ‘transparency.’ It was reported that Shiba Inu’s founder and/or developers held a massive $1-Billion in $SHIB tokens for themselves in unmentioned wallets. prior to CEX listing. In layman’s terms, they’ve likely funneled money to themselves in the form of $SHIB, by privatizing a healthy supply of the token supply to keep for themselves without paying for it. It’s the ShibArmy investments that fund whatever withdrawals made by them in the form of $SHIB today.Mollars token’s developers are totally against such practices. They denounced the actions of Shiba Inu and Bitcoin founders, who kept large holdings. The new store-of-value token on Ethereum-blockchain will put 100% of the total token supply on the market; no tokens kept free.
Via X, a tweet published just today mentioned two rival crypto brand’s founders and their camouflaged gree:
“Satoshi Kept 1-Million of $BTC for himself. That’s over $60B worth of #Bitcoin today. That’s not decentralized. That’s Not Crypto.
Shiba Inu’s founder kept $1-billion-dollars worth of $SHIB tokens for themselves. That’s not decentralized. That’s Not crypto.
Mollars founders will keep nothing. All tokens will be put on the market, no hidden wallets. This is true decentralization. Mollars is the real idea of cryptocurrency.”
No punches withheld, the direct references are a wake up call to many, who think the Shiba Inu (SHIB) and Bitcoin (BTC) tokens have no influence from the founders. If the two creators have such large holdings as reported, they can manipulate market value with the selling of only a fraction of their ‘free tokens.’
Mollars could be the first deflationary asset with no governing influence from a monstrous sized wallet held by its founding members. It’s definitely the first to keep their holdings transparent and at a value of $0 (USD).
Could MOLLARS follow BTC Price History
And with all of the total token supply [TTS] being put on exchanges or in presale, Mollars is a scarcer digital asset compared to Bitcoin. It will have a TTS of 10-millino tokens in comparison to BTC’s maximum supply of 21 million coins. This scarcity inherent in Mollars tokenomics sets the stage for a compelling comparison to Bitcoin’s early days, particularly in terms of price trajectory.
Reflecting on Bitcoin’s remarkable ascent in 2011 provides valuable insight into the potential trajectory for $MOLLARS token. At the outset of that year, Bitcoin was trading at a modest $0.30 per token. However, by the year’s end, its value had surged to an impressive $3.00, marking a staggering 900% increase in price. This exponential growth underscored Bitcoin’s emergence as a formidable store of value within the cryptocurrency landscape.
Drawing parallels to Mollars current pricing dynamics, with the token currently selling for $0.50 and an ICO price set at $0.62, there exists a compelling possibility for significant appreciation in value. If Mollars were to follow a trajectory reminiscent of Bitcoin’s early years, propelled by its similarities as a store of value asset, $MOLLARS could potentially conclude the year valued above $5.00 per token.
Such a scenario not only highlights the immense growth potential inherent in Mollars but also underscores its position as a promising investment opportunity within the ever-evolving cryptocurrency market. As investors eagerly await the unfolding of this new digital asset’s journey, the parallels to Bitcoin’s early days serve as a testament to the transformative power of scarcity and value proposition within the digital asset realm.
These ingredients that make the infrastructure of Mollars bests Bitcoin itself in some places, while championing the entire memecoin market hands down — in the eyes of educated crypto traders.
Summarized Conclusion of Shiba Inu vs Mollars
Shiba Inu (SHIB) has not made significant gains in years that could turn a crypto fish investor into a multi-millionaire. It’s unlikely to do so again as its all-time low prices are not likely to be seen again, unless the triggering factors are all-out devastating to the brand.
Mollars on the other hand, has a promised +24% ROI yield on the horizon with its CEX listing in less than 2 months. After crypto exchanges list this ‘Bitcoin for Ethereum-blockchain,’ it could skyrocket in price due to scarcity and if strong marketing continues as its whitepaper mentions, possibly to heights only seen by industry-leading cryptocurrencies.