The most popular memecoin of 2023 continues to thrive in 2024. Pepe (PEPE) Token has seen a 6.1% increase in the last 24 hours, bringing positive returns to investors. However, this growth is not enough to keep Pepe the Frog’s supporters engaged, as a large number of holders are now participating in the final day of the Mollars Token presale.
The Mollars Initial Coin Offering is set to conclude today, June 1st, at midnight. Currently priced at $0.55 per token, traders are eagerly buying in an attempt to reach the presale’s hard cap. If successful, the new store-of-value token on the Ethereum Blockchain is expected to launch on crypto exchanges at $0.62.
Pepe Token holders are making the leap to the Mollars ICO for the potential increase in value. With a projected growth of 7 cents per token if the hard cap is reached, this represents a 27% return on investment, surpassing Gold and Bitcoin at the moment.
While Pepe Token has been a profitable investment for holders throughout the year, the memecoin is expected to see limited growth in the upcoming week. The recent surge in interest in the Mollars presale has propelled Pepe Token to the fifth most commonly held cryptocurrency by ICO investors, following Ethereum, Shiba Inu, Bonk Inu, and Tether.
Mollars Token is being hailed as Ethereum Blockchain’s equivalent of Bitcoin, offering traders a secure store of value less susceptible to global inflation than fiat currency. Despite not yet being listed on public cryptocurrency exchanges, Mollars has garnered significant popularity in the ICO market, rivaling billion-dollar brands like Bonk Inu and Pepe Token.
The rising search volume for Mollars indicates strong brand recognition, setting the stage for potential significant growth in the future. With only a 10-million total token supply, Mollars has the potential for exponential growth, making it a lucrative opportunity for investors.
Pepe Token enthusiasts, who have seen impressive gains of over 1000% in the past year, are diversifying their portfolios by investing in the Mollars presale. The presale will end today, with three crypto exchanges already confirming the listing of the token. The community is also advocating for Mollars to be listed on Uniswap and MexC in the future.