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The Mollars token is now listed on Bitmart Crypto Exchange
The rivalry between Bitcoin and the altcoin newcomer, “Mollars”, is heating up. Just a few weeks ago the ERC-20 token closed its ICO presale, with over $1.7 million raised. It is listed on Uniswap [view here] almost immediately thereafter, where the price jumped from $0.65 to an all-time high of $1.10 before a correction.
Now stable at $0.367, holders of the new store-of-value asset are poised for another upward spike in price as the Bitmart exchange listed the $MOLLARS token this morning [link].
The listing is not a surprise as it was announced previously. The decentralized exchange tweeted that it would list the Mollars token almost 1 month ago.
Which cryptocurrency exchanges have Mollars listed?
This is the third cryptocurrency exchange to list the new altcoin. Uniswap and Lbank Exchange have both added it to their listings.
Bitmart’s listing could lead to sudden investor scrutiny for the store-of-value asset, which is primarily to be used by investors to maintain the value of their money against global inflation; As the value of fiat currency falls relative to the value of commercial products, low-supply cryptocurrencies are set to increase in value as investors buy and hold more of them.
How many users does Bitmart have?
BitMart reported it had 9 million users as of 2022. The sheer amount of cryptocurrency traders using the exchange would make it the second largest to list the Mollars token, only behind Uniswap.
The Mollars token has a total token supply of only 10 million tokens. This is less than half of Bitcoin’s 21 million coins.
While the $MOLLARS token is listed on exchanges like Uniswap and Bitmart, it will also be a native currency for its decentralized cryptocurrency exchange; an industry first for a token with its overall infrastructure and project design.
Native DEX
The Mollars token will be used as a “bridge” device for the next decentralized exchange – Mollars. CC. It is expected to launch by September 15, but members of the Reddit community have speculated that it could launch as early as August.
Continuing to grow and improve brand value, the Mollars token can now be traded (bought, sold) on Bitmart.
It is believed that 2 other exchanges will also list the Mollars token ahead of the DEX launch.
Such quotes could see a price surge of up to over 200% from today’s price, with a little traction from “day one” investors.