The thriving memecoin of 2023, Pepe (PEPE) Token, continues to soar in 2024, with a 6.1% increase in the past 24 hours, providing positive returns for investors. However, this growth isn’t enough to keep the loyal fans of the meme Frog on board, as they are now flocking to invest in the Mollars Token presale, which is in its final day.
The presale for Mollars, which is an Initial Coin Offering, will conclude 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 achieved, 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 the Frog Riders to the new ICO is the potential growth in value for the token. If the hard cap is reached, the token’s value could increase by 7 cents, resulting in a 27% return on investment. This surpasses the current performance of Gold or even Bitcoin (BTC).
While Pepe Token holders have already seen rewards from their investments throughout the year, the memecoin is expected to experience only modest growth in the coming week. Nevertheless, Pepe Token (PEPE) has climbed up the rankings for the most commonly held altcoins by investors in the Mollars presale, moving from the 7th position to the 5th. Only Ethereum (ETH), Shiba Inu (SHIB), Bonk Inu (BONK), and Tether (USDT) are held in larger quantities.
This increase in ranking indicates that Pepe Token (PEPE) holders see a promising future in Mollars, and their optimism is well-founded. Mollars Token is a store-of-value asset similar to Bitcoin and has been referred to as 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 listed on public cryptocurrency exchanges, the brand has achieved impressive search volume on Google Trends, reaching 50 to 90% of the popularity of billion-dollar crypto brands like Bonk Inu (BONK), Pepe Token (PEPE), and JasmyCoin (JASMY).
This early brand value and increasing sales indicate that Mollars has the potential to be a lucrative opportunity. While short-term gains may be uncertain, the token’s popularity combined with a limited total token supply of 10 million could lead to significant growth if the brand continues to rise.
Pepe (PEPE) Token fans have already seen remarkable gains of 1084% over the past year. Many are now investing a portion of their profits into the Mollars presale, hoping to diversify their portfolios and capitalize on the next big thing.
The Mollars token presale will conclude today, June 1st, at midnight, and it has already been confirmed that the token will be listed on three crypto exchanges: XT.com, LBank, and Bitmart. Traders in the r/MollarsToken community are also campaigning for its listing on Uniswap and MexC in the future.
Tags: PEPE
