Two cryptocurrencies are having a marvelous day, while the majority of the crypto market is in a bearish 24 hours. Notcoin and Mollars Token, which is in presale, are both defying the odds by having a day so successful they’ve depegged from Bitcoin and Ethereum charts. $NOT is up nearly +40% while $MOLLARS daily presales total have over doubled from last week’s daily averages.
Mollars Token is the highly anticipated store-of-value token for Ethereum-Blockchain. The ERC-20 token is being called “Ethereum’s new version of Bitcoin.”
What’s Mollars Token?
Set to end its ICO phase in 2 days (June 1st), Mollars is a cryptocurrency that can be used to stave off the global inflation of fiat money. It’s also going to be the native token, used to complete cross-chain swaps, for a new decentralized cryptocurrency exchange [DEX].
The DEX will be launched via Mollars.CC, the crypto brand’s secondary domain. The release date is set for September of this year [2024] per a BeInCrypto AMA. However, the exchanege could open to the public earlier.
Utility Converts Into Presale Buying Frenzy
Between the two utilities and expectations for the ERC-20 token’s transaction fees to be -80% lower than Bitcoin Blockchain’s buy-sell taxes, crypto buyers have been buying this token at an all-time high for May; the last 24 hours has seen more token purchases than any other day since the debut of the ICO for “Ethereum-Blockchain’s Version of Bitcoin.”
In the last 24 hours 47 wallets have been recorded for completing Mollars presale token purchases. Between the forty-seven buys, traders used 9.581414186 Ethereum ($ETH) and 530 Tether ($USDT) coins to stake claims on slightly over 66,659 $MOLLARS tokens. The fiat value of traders buys totals at $36,112.59 (US).
The strong sales for the Mollars cryptocurrency brand are a positive signal for future value of the token. In stock market trading, a company that has strong sales, brand value and equity, alongside useful products, usually converts into big profits.
Mollars Price To Gain +27% on Day 1, If This Happens
Currently selling for $0.55 cents per token in its initial coin offering stage, Mollars is set to go public on general crypto exchanges on June 2nd. If the token reaches its hard cap goal of 4-million tokens sold, the listing day price will be $0.62 cents, per reports. The 7-cent gain alone would be a +27% ROI yield on today’s 47 investments.
The Mollars token presale has already achieved the milestone of surpassing 3.2-million tokens sold. That’s over 80% of the allocated token supply for the ICO. After the initial coin offering closes, Mollars will only have 6-million more tokens minted; all of which will be released on its CEX debut.
Notcoin Debuts on CEXES, Price Rips Upward
The only other cryptocurrency seeing such strong activity today is TON network’s new token, Notcoin (NOT). While Cryptobubbles looks like a sea of red for the last 24 hours, $NOT shined through the fog with a +38% gain in value.
Notcoin airdropped over 80-billion tokens to users who’ve been playing their click-to-mine game on Telegram. Via TG the C2M game has reportedly racked up over 35-million players; a massive number by all accounts.
The end result in all activity is the price of the NOT token bursting upward in a parabolic uptrend. It started the day at slightly over $0.008 and has since burned 1 zero, moving to a high of $0.0125.
When did NOT tokens debut?
The Telegram mini app launched in January while it’s debut on public exchanges just happened yesterday. The Notcoin game allows players to mine tokens simply by clicking the crypto’s icon on their phone.
Pre-market trading of Notcoin was done via an NFT trading system that debuted in March. An estimated 800,000 NFTs were launched that generated a massive trading volume of 26-million. This was the 4th largest NFT collection on the TON blockchain at the time.
Notcoin has become a star of The Open Network (TON) and could continue on an upward trend as news spreads about the click-to-mine Telegram game spreads.
How & Where to Buy?
Toncoin is now being traded on Binance, OKX, KuCoin, Gate.IO, ByBit, and more.
Mollars token presale will end June 2nd. The major crypto exchanges LBank, XT.com, and Bitmart have all announced they will be listing the token after the initial coin offering’s close.