As it approaches the event's closeout, Mollars' initial coin offering is experiencing a surge in presales. The ICO stage of the new store-of-value asset, dubbed the "Bitcoin for Ethereum blockchain," will end on May 1. Before the deadline, however, the creator is causing a commotion regarding the "secret" wallets of Ryoshi and Satoshi Nakamoto, the people who created the cryptocurrencies Shiba Inu (SHIB) and Bitcoin (BTC).
Even though it is a simple one-line query, it has great impact.
"There must always be a loser when using those free tokens. Does that not annoy you?”
In a brief video clip that was posted today on the Mollars YouTube account, that is the question.
On these questions, the founders of Shiba Inu and Bitcoin vanished.
The creator of Bitcoin, Satoshi Nakamoto, vanishes before answering in the most recent animated film.
The creator of the Shiba Inu (SHIB) token, Ryoshi, answers to the query with another query. He deviates from the main subject of discussion by asking the founder of Mollars if he may forward the query to Shiba Inu's principal developer, Shytoshi.
The reason for asking this is that Moltars will be among the first tokens of their sort, and neither the developers nor the creators will receive free tokens. The whole supply of $MOLLARS tokens that have been produced will be sold.
Why is the sale of all of Mollars' tokens a positive thing?
The fact that all tokens that are liquidated [sold] require payment with real money makes this a crucial topic.
When a cryptocurrency is being created, if its founders hoard enormous quantities of tokens for themselves at no cost, the value of those tokens will come from the investments made by other people in the brand. The whole token supply will be divided by the amount invested, allowing the founder to immediately withdraw the value of each token they have sold.
The founder lost nothing because they never paid for the tokens.
A portion of the token(s) value owned by the investor who purchased the cryptocurrency will, however, vanish when the owner sells his hoarded coins. The only way the investor's money may now be recovered is if a new cryptocurrency seafish enters the market and purchases tokens, increasing the cryptocurrency's market capitalization.
To what extent does Satoshi profit from Bitcoin?
The creator of the Mollars token is drawing attention to this issue in order to draw attention to the one million Bitcoins that Satoshi Nakamoto retained for himself and the seventeen percent of the Shiba Inu (SHIB) token that Ryoshi and Shytoshi kept hidden in wallets.
Currently, bitcoin traders are contributing $62 billion to Satoshi Nakamoto's wallet. At the current pace, some Bitcoin investors will lose $62,0000 each time he cashed in one Bitcoin, which is a gradual rug pull.
What do Ryoshi and Shytoshi get out of Shiba Inus?
The founder and principal developer of Shiba Inu formerly possessed a token supply valued at approximately $1 billion. The $1,000,000,000 would need to be taken out of the wallets of investors who are unaware of these hidden, owner-gifted coins if Ryoshi and Shytoshi decide to fully cash out their "secret" wallets.
This "murky" underlying instability won't exist in the Mollars token. Rather, an adequate wage will be given from ICO money to the group of professionals behind the Bitcoin rival. Tokens will not be given to anyone either before or after the Mollars token presale.
Anticipate a sellout
Ten million $MOLLARS tokens will be created forever. Through exchanges that offer equal opportunity purchasing, all of these tokens will be sold. Given that over 2.6 million "coins" bearing the Mollars logo have already been purchased, it's more likely than not that the remaining 10 million will sell out quickly.
Additionally, Mollars plans to introduce a decentralized cryptocurrency exchange on Mollars.CC, which should increase the token's value and scarcity. The new DEX, which is scheduled to go live soon after the initial cryptocurrency exchange listing, will rely on $MOLLARS to execute cross-chain transactions.
April 2024, Cryptoniteuae