SHIB Alternative is now the #1 Meme of 2023.
Shiba Inu is attempting to provide the world with a ‘.shib’ TLD domain option in the web’s public DNS systems. However, both this and the ‘Shib burn’ program appear to be curving the trajectory of the $SHIB token value. Although the price of the Dogecoin killer has soared again in recent months, long-term holders of SHIB are still down from the price a year ago. The failure to grow in value focuses on the weaknesses of the top ERC-20 tokens. This exposure has led to a lot of money moving into the new Mollars token presale, creating an opportunity to profit from the launch of the “Bitcoin on the Ethereum blockchain.”
The sudden migration isn’t just for Shiba Inu token holders, there is a growing number of traditional ‘shimp’ holders making the move. According to the Mollars ICO wallet, micro-purchase transactions have increased by more than 250% in the past seven days. It ranges from US$50 to US$150.
What are Mollars and what problems do they solve?
The reason $ETH, $BTC, and $SHIB holders are purchasing the Mollars token presale is simple. Return potential and store of value (SOV).
Shiba Inu & Bitcoin
Shiba Inu owners should see profits after suffering steep losses for more than a year. The Mollars ICO token price is currently less than half the price on cryptocurrency exchanges when it launches in 2024.
Bitcoin holders who prefer the speed and feasibility of the Ethereum blockchain can now use Mollars instead of $BTC to store their value. “Feasibility” is a big part of crossing the blockchain to move to Bitcoin, a store of value coin that costs more than storing $ETH or ERC-20 tokens on the blockchain. Cryptocurrency shrimp, dolphins, and whales could save millions by storing their funds using $MOLLARS instead of cross-linking to ₿BTC or XBT.
Ethereum Blockchain
On the same blockchain, $ETH holders began migrating to the $MOLLARS cryptocurrency. The goal is to generate significant revenue from the first truly decentralized “SOV” token on an ERC-20 network, with no tokens to be held personally by founding members.
Why is Mollars token getting an incredible 10,000% ROI?
Because supply is limited and there are no additional tokens to be created, Mollars will only increase in value as demand increases. Like Bitcoin, it will eventually be sold in units called “Molls.”
This means that if the Ethereum blockchain world adapts to this new SOV token, we could easily see a Bitcoin-like upward explosion. It’s not that big, but 10,000% is definitely possible.
For those who don’t remember, Bitcoin was once worth less than a penny. The original price was US$0.0008 and was said to have risen to US$0.08 by the end of the month. Today the coin is worth almost US$44,0000. This is an ROI of over 1,000,000%, unmeasurable by any standard before cryptocurrency.
After the impact of the Bitcoin price explosion, several other tokens provided traders with an aftershock-like ROI. These include Litecoin, Ethereum, Shiba Inu, Dogecoin (DOGE), Solana (SOL), Stellar Lumens (XLM), Golden Inu (GOLDEN), and Pepe (PEPE).
However, none of these tokens were truly decentralized “store of value” tokens for the Ethereum blockchain. There has never been a competitor for both Shiba Inu and Bitcoin. Once traders adapt the Mollars (MOLLARS) token for their store of value needs, they can see an incredible 10,000% ROI in a relatively short period of time compared to the time it takes others to achieve such gains. There are far more cryptocurrency traders today and tokens are becoming much easier to adopt.
2024 Shiba Inu vs Molas
And while Mollars is only absorbing a portion of its ‘ShibArmy’ holders in the token pre-sale, that number could increase as 2023 closes and 2024 opens.
As $SHIB token holders explore the topic of ‘true decentralization’, they will understand that “ryoshi” and “satoshi” are not the same. Shiba Inu founder Ryoshi and his ‘team of developers’ reportedly own US$1 billion worth of Shiba Inu tokens. This is a virtually endless supply of funds from which founders and groups can draw money whenever value soars.
Shiba Inu tokens have not been properly audited for public viewing, nor have token holding plans been made clear. This allowed the developers of Ryoshi and Shiba Inu to create a life of luxury in the shadow of their mysterious founder’s nickname.
On the other hand, Mollars, like Bitcoin’s Satoshi, has clearly stated that he plans to adhere to the original cryptographic rules of true decentralization. This is also true on the Ethereum blockchain.
The work to be done to build community-governed tokens through ICO funds is transparent. Infrastructure, marketing, one web3 product and a $1 million liquidity pool will be created with the $2 million in funds raised. Everyone who develops the $MOLLARS Foundation will be paid as a professional and no one will receive tokens as gifts. The entire supply of Mollars is available on public cryptocurrency exchanges.
In layman’s terms, anyone involved in Mollars token development will have to purchase the tokens themselves, just like any other trader, if they want to own them.
Traders can view the initial coin offering and pre-sale of the new ERC-20 token, $MOLLARS, through the official website.
You can connect your digital wallet and trade and purchase your desired mall tokens in Ethereum (ETH) or Tether (USDT). Zerion, WalletConnect, and Trust Wallet should allow for seamless transactions.
Off-chain interests are also being embraced. Beginner holders can purchase through the token pre-sale supply with a credit card. The ICO website has an on-ramp solution for those looking to purchase via MasterCard or AMEX.
Shiba Inu (SHIB) token holders can transfer their holdings to the Mollars pre-sale by exchanging their Dogecoin killers for Ethereum (ETH) tokens on any exchange. Second, buy $MOLLARS with your newly earned $ETH.
Additionally, join the official r/MollarsToken Reddit community for traders’ thoughts, independent predictions, meme activity, and the latest news.
Disclaimer: This is a sponsored article and the views on the article are not representative of ZyCrypto’s views and should not be attributed to ZyCrypto. Readers should conduct independent investigation before taking any action related to any company, product, or cryptocurrency project mentioned in this article. Additionally, this article cannot be considered investment advice.