The thriving memecoin of 2023, Pepe (PEPE) Token, continues to impress in 2024 with a 6.1% increase in the last 24 hours, bringing positive returns to investors. However, this growth is not enough to keep the fans of the meme Frog satisfied, as they are now flocking to the Mollars Token presale, which is in its final day.
The Mollars Initial Coin Offering is set to close today, June 1st, at midnight. With a current price of $0.55 per token, traders are eagerly buying in an attempt to reach the hard cap of the crypto presale. If the hard cap is reached, the new store-of-value token for the Ethereum-Blockchain is expected to launch on crypto exchanges at a price of $0.62.
The reason behind the shift of Frog Riders to the new ICO is the potential growth in value. Based on the reported listing price, reaching the hard cap would result in a 7-cent increase in token value, equivalent to a 27% return on investment. This surpasses the current returns of Gold or even Bitcoin (BTC).
Pepe Token holders have been enjoying rewards from their investments throughout the year, but the memecoin is expected to experience only modest growth in the upcoming week. Despite this, Pepe Token (PEPE) has already made its way into the list of “most common altcoins held by investors” for the Mollars presale. In fact, over the past 72 hours, Pepe Token has climbed from the 7th most commonly held cryptocurrency to the 5th. Only Ethereum (ETH), Shiba Inu (SHIB), Bonk Inu (BONK), and Tether (USDT) are held in greater quantities.
This rise in rankings indicates that Pepe Token (PEPE) holders see a promising future in Mollars, and they have good reason to do so. Mollars Token is a store-of-value asset similar to Bitcoin and has been dubbed Ethereum-Blockchain’s new version of BTC. It offers crypto traders a secure place to hold funds that are less susceptible to global inflation compared to fiat currency.
Mollars has gained a strong foothold in the ICO markets and is at the forefront of initial coin offerings in 2024. Despite not yet being available on public cryptocurrency exchanges, its brand is 50 to 90% as popular as billion-dollar crypto brands like Bonk Inu (BONK), Pepe Token (PEPE), and JasmyCoin (JASMY), according to Google Trends.
The impressive search volume for Mollars is significant because it hasn’t even launched on centralized and decentralized exchanges yet. The other billion-dollar brands that slightly surpass Mollars’ popularity have been in the public markets for much longer, some even for years. This early brand recognition and soaring sales indicate that Mollars has the potential for a remarkable opportunity in commodity trading.
While short-term gains may be uncertain, a cryptocurrency with such popularity and a limited token supply of only 10 million could experience exponential growth if its brand continues to rise. The potential for this growth is so significant that it could become the biggest crypto ROI headline of 2024.
However, these are merely signals and indications until they materialize. Pepe (PEPE) Token fans have already seen gains of 1084% over the past year, and many are now investing a portion of their profits into the Mollars presale, hoping to capitalize on the next big thing.
The Mollars token presale will close today, June 1st, at midnight, and three crypto exchanges, XT.com, LBank, and Bitmart, have already confirmed that they will list the token. Traders in the r/MollarsToken community are also campaigning for its listing on Uniswap and MexC in the future.
Tags: PEPE