Heavy ‘pocketed’ Tether (USDT) and Dogecoin (DOGE) holders are continuing to move in droves to buy a new ICO token, that’s a new Bitcoin alternative. It’s better than the $BTC by many’s point-of-view because it’s on Bitcoin-Blockchain’s top rival, Ethereum-Blockchain. A store-of-value token, symbol $Mollars, is set to debut this year and its current token presale (Mollars.com) is on fire. Over 1-million tokens expected to be sold by Friday if $USDT and $DOGE traders keep buying at the current rates.
Records were set last week by Tether (USDT) holders. Several ICO buys completed with the stable coin were in the $2500 to $5000 range, but none topped the Ethereum ($ETH) shark who purchased just under US$18,000. That was the record purchase.
Now, after seeing $MOLLARS token purchases by USDT holders increase by over 3,100% last week, making it the third largest increase by a concentrated group of crypto buyers, the biggest single purchase is also by a Tether trader. On Thursday, January 11th, one Tether Shark investor bought over US$23,000 worth of Mollars presale tokens. This is the biggest purchase by any Crypto Whale or Shark to date in the ICO. This trader, who holds a substantiation amount of $USDT stablecoins, bought over 51,111 $MOLLARS tokens at its discounted price of US$0.45.
The investment is just another testament to the firm belief by many ‘smart money’ crypto traders that Mollars has a serious future. As it brings relief to traders suffering through the worst blockchains fees of the entire crypto industry, Bitcoin-blockchain, Mollars saving dollars will bring investors needing an SOV token to it like intelligent moths to a light.
A great way for novice traders to understand the Tether-to-Mollars migration
Read more on cryptonews.com