Altcoin
ETH, SHIB and USDT among the most common altcoins held by Mollars presale investors
The team behind the Mollars token presale and project just released an interesting report via their official X profile. It has already been reported that the “MOLLARS” brand is seeing search volumes from cryptocurrency traders rivaling the Bonk Inu (BONK) and Pepe (PEPE) tokens. Now data from an investor in the new store of value token offers a glimpse into the type of cryptocurrency traders buying into the Mollars presale.
“It appears that Mollars’ ICO is gaining the most momentum from these 10 cryptocurrency holders”, reads the tweet.
The most common cryptocurrencies held by Mollars investors
The analytics alert was followed by the following list in descending order of rankings where cryptocurrency holders were seen purchasing Mollars. Common altcoins held include:
- Ethereum (ETH)
- Shiba Inu (SHIB)
- Tether (USDT)
- Bitcoin (BTC)
- Dogecoin (DOGE)
- Bonk Inu (BONK)
- Pepe Token (PEPE)
- Floki Inu (FLOKI)
- DogWifHat (WIF)
- Polygon (MATIC)
Although this data has not yet been verified, the transaction wallets of the Mollars token presale are visible to the general public (1, 2and the previous ETH address 3).
In a brief review of the latest Ethereum transaction address, it is clear that many of these tokens are held by traders alongside Wrapped Ethereum (wETH).
With Mollars becoming such a popular cryptocurrency brand among other majors, this data could further strengthen the thesis that the new store-of-value asset will have an explosive run towards the 9-figure market cap milestone.
Cryptocurrency brand value
Google Trends also shows that the keyword “Mollars” has enough search volume to be considered a popular request. Using the comparison tool, traders can see that “Mollars” is searched 50% higher than “Pepe token” on some days and 90% higher than “Bonk Inu”.
BONK token holders are also credited with being the crowd of new investors who invested in the Mollars presale the previous week. Probably the migratory horde invested almost 6 figures in total in the ICO event.
Mollar’s initial coin offering will end on June 2. Being currently pre-sold at a price of $0.55 cents, this may be the last time it will be available to investors at a price lower than what it is listed at to debut on cryptocurrency exchanges: $0.62 .
Additionally, the new Ethereum-Blockchain store-of-value asset will have less than half of the total supply of Bitcoin tokens. $BTC is $MOLLARS’ main rival, but the original cryptocurrency is outdated and what some consider to be non-scalable blockchain technology.
With the approval of the Ethereum Spot ETF just passing, some believe that ERC-20 tokens could see a larger increase in value than Bitcoin this year.
To date, Mollars’ ICO has raised over $1.4 million and continues to generate 5-digit token (USD) presales daily.