By Chainwire
3 min read
Dubai, UAE, May 7th, 2024, Chainwire
The Mollars token presale was originally slated to end on the 1st week of May; with various reports suggesting different dates. The official team has now confirmed, the original date will be moved back to May 31st.
There are two reasons for the pushback. First, The Mollars team has reported interest from a diverse range of investors, leading to aspirations of achieving the presale's maximum target of $2 million. This will allow the maximal results from the whitepaper plans which include long-term marketing after launch and a full $1MM liquidity pool.
Second, a majority vote between creator and developers of the Mollars token also deem the extension appropriate due to the loss of over 45 days, during the ICO marketing period, from the rogue domain registry company attempting to steal the Mollars.com domain.
At the peak of the early 2024 term of this token presale, the domain was temporarily ‘held hostage’ by decentralized registry company NJAL.LA. The attempt was stopped within 2 weeks but prior promotions and domain ranking was lost for nearly 45 days causing pre-sales to halt.
According to Mollars' team, at the time of the domain heist, traders were buying over 90,000 Mollars tokens per day.
The final extension deadline for the Mollars token presale has been set for May 31st. Following this date, the token is scheduled to be launched on a leading decentralized cryptocurrency exchange. Presently, the Mollars token is available for purchase at a price of $0.55 per token through the official website, in the fifth of six presale rounds. For the final round of the presale, the price will increase to $0.60 per token.
If Mollars ICO hard cap is fulfilled at $2-million-dollars, the new store-of-value asset for Ethereum Blockchain & beyond, it will first list on exchange(s) at a price of $0.62. Also, the liquidity pool for the exchange(s) will be a maximal $1-million-dollars.
Crypto exchange Lbank announced via Twitter it will be listing the $MOLLARS token. Lbank, one of the top exchanges in the space, has over 7 million active users. The Mollars team anticipates that $MOLLARS will soon be available for public trading in more options.
About Mollars Token
The MOLLARS ecosystem emerges as a beacon of change, where the boundaries between gaming, economics and community blur to create a decentralized universe governed by its participants. MOLLARS is not just a game or a token, it's a pathway to autonomy, prosperity and communal evolution.
Mollars Token
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