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ETH, SHIB, & USDT Among Most Common Altcoins Held By Mollars Presale Investors

25.05.2024
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The team behind the Mollars token presale & project have just released an interesting report via their official X profile. It had already been reported that the “MOLLARS” brand is seeing search volumes from crypto traders that are rivaling Bonk Inu (BONK) and Pepe (PEPE) tokens. Now data from an investor of the new store-of-value token is offering a look into what type of crypto traders are buying into Mollars presale.

“Mollars ICO appears to be gaining the most momentum from these 10 cryptocurrency holders,” reads the tweet.

Most Common Cryptocurrencies Held by Mollars Investors

The notice of analytical data was followed by the following list in descending order of rankings of which cryptocurrency holders have been seen buying Mollars. The common altcoins held include:

  1. Ethereum (ETH)
  2. Shiba Inu (SHIB)
  3. Tether (USDT)
  4. Bitcoin (BTC)
  5. Dogecoin (DOGE)
  6. Bonk Inu (BONK)
  7. Pepe Token (PEPE)
  8. Floki Inu (FLOKI)
  9. DogWifHat (WIF)
  10. Polygon (MATIC)

Though this data has not yet been verified, the transaction wallets of the Mollars token presale are visible to the general public (1, 2, and the prior ETH address 3).

In a brief review of the latest Ethereum transaction address, it’s clear that many of these tokens are held by traders along with Wrapped Ethereum (wETH).

With Mollars becoming such a popular cryptocurrency brand amongst other majors, this data could further strengthen the case that the new store-of-value asset will have an explosive ride to the 9 figure market capitalization milestone.

Cryptocurrency Brand Value

Google Trends also shows that the “Mollars” keyword has enough search volume to be picked up as a popular inquiry. Using the comparison tool, traders can view that “Mollars” is searched for 50% as much as ‘Pepe token’ on some days and 90% as much as ‘Bonk Inu.’

BONK token holders are also credited with being the mob of new investors that invested in Mollars presale from the previous week. The migratory horde possibly invested nearly 6 figures into the ICO event cumulatively.

Mollars Initial Coin Offering will end on June 2nd. With it currently pre-selling at a price of $0.55-cents, this may be the last time it’s available to investors at a price that’s under what it’s listed to debut at on cryptocurrency exchanges — $0.62.

Also, Ethereum-Blockchain’s new store-of-value asset will have less than half of the total token supply Bitcoin. The $BTC is the top rival of $MOLLARS, but the original cryptocurrency has outdated and what some consider an unscalable blockchain technology.

With the Ethereum Spot ETF approval just passing, some believe that ERC-20 tokens could possibly see a bigger increase in value than Bitcoin this year.

To date, the Mollars ICO has raised over $1.4-million dollars and continues to generate 5-figures (USD) daily in token presales.

The post ETH, SHIB, & USDT Among Most Common Altcoins Held By Mollars Presale Investors appeared first on Cryptonews.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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