LBank Becomes Second Crypto Exchange to Announce Listing of Bitcoin Competitor, Mollars Token

As anticipation builds, the emerging competitor to Bitcoin, Mollars (MOLLARS), is making significant strides towards its debut on public cryptocurrency exchanges, with “LBank” being the latest to declare its intent to list the novel store-of-value asset post the conclusion of its token presale.

The presale of Mollars tokens on Mollars.com is ongoing, now with an extended deadline of June 1st as revealed on their site. Last week, the ICO deadline was adjusted for two pivotal reasons: to meet hard cap objectives and to accommodate the additional time required by crypto exchanges to optimize for maximum benefit.

The positive impact of these adjustments has materialized as projected by the developers of this promising Bitcoin contender. Recognition arrived last Friday when Bitmart exchange, through a statement, disclosed its plan to list the Mollars token subsequent to the extension of the ICO deadline.

LBank Lists Mollars Token

This week has seen a pivotal unveiling by LBank, conveyed via their official Twitter channel, of their decision to list the Mollars (MOLLARS) token after May 31st. Presale participants are buoyed by this news, as LBank operates a substantial user base of over 7 million, as stated on its Apple App Store bio. The listing is anticipated to significantly stimulate demand for the token once launched. Since its establishment in 2015, LBank offers cryptocurrency pairings with more than 149 fiat currencies globally, ensuring that Mollars will reach a wide-ranging international audience, surpassing that of Bitmart.

Supply and Price Projections for Mollars Token

With a fixed supply cap of 10 million tokens and a current price set at $0.55 each, the total supply of Mollars tokens is expected to be fully purchased. At present, during the presale phase, a mere 40% of the total token supply is available for acquisition by traders.

The projected listing price for $MOLLARS tokens is $0.62, representing a 12% increase from the ongoing ICO price. Price estimates for Mollars prior to listings have ranged from 20x to 44x increases; expectations have been amplified amidst confirmations of listings by several cryptocurrency exchanges, including LBank and Bitmart, although market performance is inherently uncertain.

Discussions on platforms like Reddit allude to multiple exchange listings in the future, although the complete list of such exchanges has not been disclosed. The unfolding scenario suggests these platforms are positioning themselves proactively to support the $MOLLARS token.

Limited Presale Supply for Mollars Tokens

The Mollars token presale has amassed over $1.3 million in funds with 2,775,002 tokens sold to date. Pegged as the most sought-after crypto presale in 2024 by various media outlets, less than 31% of the ICO inventory remains available for potential investors.

We’re now in the penultimate round of the ICO, round five out of six, with the final phase set to increase the token price to $0.60. The anticipated yield on investment is slated at 12% should the ICO achieve its hard cap and list at $0.62. Investors who partake in the final round will witness returns at a diminished rate but can still expect positive outcomes.

The perceived longer-range value of Mollars vastly outstrips expected gains from its listing day. This belief persists in the light of recent awareness raised by the Mollars founder through calling attention to certain ideological contrasts with established cryptocurrencies like Bitcoin and Shiba Inu.