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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Mollars ICO Skyrockets Past $1.11M After Massive SHIB & BONK Holder Exodus

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NewsBTC
1 year ago
2 mins read

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In the ever-volatile crypto sphere, few events capture investor fervor quite like a white-hot presale. This rings true for Mollars, the upstart token that has watched its crowdsale rocket from under $60,000 in early January to an astonishing $1.11 million-plus haul in recent days. The frenzy was supercharged by reports of the crypto whale’s $17,000 purchase that sent shockwaves through SHIB’s diehard “SHIBArmy,” triggering a stampede of smaller investors eager to get in on the ground floor.  It also attracted waves of Bonk Inu (BONK) investors, looking for their next potential +50x project.

A Deflationary Haven Amid Memecoin Mania

At the heart of the Mollars token’s exponential growth is its dual appeal. It’s a store of value crypto asset and a viable investment vehicle. With a hard-capped total supply of just 10 million tokens, Mollars is positioning itself as a hedge against the rampant inflation affecting the world.  It’s a new resource that taps into the growing demand for scarce, deflationary assets akin to Bitcoin. But even more importantly to some, the $MOLLARS ICO opportunity is offering potentially outsized returns for investors burned by Shiba Inu’s -60% implosion over the past six months.

Crucially, Mollars is expected to list at $0.62 – a 24% premium to its current presale price. This baked-in upside could recoup nearly half of Shiba bagholders’ recent losses, according to ecosystem proponents. As one deflationary asset operating on the battle-tested Ethereum network, Mollars promises SHIBArmy cadets a potential path to profit after months of pain.

Full Transparency and “True Decentralization”

Separating Mollars from memecoins like Shiba and Dogecoin is a commitment to full transparency that its creators call “true decentralization.” Striking a populist tone, the founders have vowed to avoid the pitfalls of predecessors like Bitcoin and SHIB, whose creators controversially kept massive token hoards for themselves worth billions today.

“Satoshi kept 1M $BTC…that’s over $60B…that’s not decentralized,” a recent Mollars tweet declared, referring to Bitcoin’s pseudonymous creator. “Shiba founders kept $1B of $SHIB…that’s not decentralized.”

The tweet added: “Mollars founders will keep nothing. All tokens go to the market, no hidden wallets…This is true decentralization.”

BONK & SHIB Won’t Follow BTC Price Trajectory… But Mollars Could

The deliberate scarcity of the 10 million-token supply could catalyze Mollars toward Bitcoin-like ascent, ardent supporters believe. Bitcoin kicked off 2011 at $0.30 per token before an epic rally to $3 – a near 10x return in a year. If Mollars follows a similar trajectory from its $0.50 presale price, believers forecast a possible year-end valuation north of $5 per token.

While astronomical, such projections exemplify the boundless optimism driving Mollars’ rise. As the crowdsale frenzy rages, only time will tell if its “true decentralization” ethos blossoms into Bitcoin-esque investment nirvana for SHIBArmy & Bonk Inu deserters, alongside general educated & novice crypto investors alike.

 

 

 

 

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Reason to trust

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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

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