Uniswap crypto exchange surprised investors by listing Mollars token, which is being hailed as Ethereum Blockchain’s new version of Bitcoin. The store-of-value token had a successful initial coin offering, raising almost $1.7 million. With only 10 million tokens minted and 40% allocated to the ICO, presale investors purchased over 87% of the tokens, totaling 3.1 million $MOLLARS.
Mollars announced on social media that three more crypto exchanges – LBank, Bitmart, and XT – would be listing the token, in addition to Uniswap. The team encouraged investors to hold onto their tokens in anticipation of increased value as more traders buy the token from each exchange. With over 20 million registered traders among the three exchanges, the potential for increased demand and value for the $MOLLARS token is high.
The listing of Mollars on Uniswap, the #1 decentralized crypto exchange with over 30 million active users, led to a parabolic increase in the token’s value, reaching a high of $0.87 before correcting to $0.42. This initial increase represented a 40% ROI for investors in the presale rounds and Uniswap traders. The true stable price of the token will only be known once it is listed on all four exchanges that have confirmed its listing.
The unexpected listing on Uniswap and the upcoming listings on other major exchanges have generated excitement among investors, as the potential for increased demand and liquidity could drive up the value of the Mollars token. With Uniswap being the 5th largest application on the Ethereum blockchain and having over 1 trillion dollars in volume, the listing on such a prominent platform bodes well for the future performance of the token.
Investors and traders alike are eager to see how the Mollars token will perform once listed on all four exchanges, as the increased trading volumes and liquidity could exert significant upward pressure on its value. With a strong initial showing on Uniswap and the promise of future listings on other major exchanges, the Mollars token is poised for potential growth and increased adoption in the crypto market.