Crypto Shrimp Becomes King of Mollars Token Presale: A Closer Look at the Investor’s Strategy
Investor has a successful track record with Memecoins
The trader appears to be savvy in memecoin ICO investing as they have transactions with Shiba Inu (SHIB), Volt Inu (VOLT), and Robo Inu (ROBO). The regular purchases of Mollars tops all other investments this year, but this holder is believed to be a major holder of Shiba Inu tokens. Possibly a holder from the SHIB token’s golden era.
DCA: Made 12 Mollars Token Presale Purchases
The total value of the 12 purchases, in Ethereum coin, is 7.974272038 ETH. The purchase has a value of roughly $23,080.73 at the time of writing this article.
The amount of Mollars tokens purchased with this $23K investment is estimated to be around 57,700. Investments are believed to be made between 1st and 3rd round of the ICO, averaging around $0.40 [cents] per token.
How Listing Day Could Yield Investor $12.6k Profit
The listing day of 62-cents means this ‘King Shrimp’ will see their investment rise in value from $23,080.70 to $35,775.09 on June 2nd, if hard cap’s met.
The value of the token is projected to continue to rise from there however, with some token predictions suggesting the $MOLLARS token could reach ~$15 [dollars] before the year’s end; higher possible if popularity continues growing at a similar pace as today, after listing day.
Investor Choosing Shiba Inu Signals Higher Expectations For Mollars
The “King Shrimp” appears to be migrating a sizable amount of his funds from Shiba Inu to Mollars. This is possibly a signal that the veteran investor believes the $MOLLARS token will see a substantially higher growth than $SHIB in 2024.
Mollars token presale has raised $1.31-million-dollars in funding thus far. This holder with $23,000 is believed to be the biggest holder of the new store-of-value token pre-listing.
For the year, Shiba Inu token has yielded investors a +168% gain but most holders are still under water [losing] in 2024.
The last months’ gains were only +6.6%, which is less than the expected listing day yields for Mollars. Migratory traders see the writing on the wall for the new store-of-value token, set to rival Bitcoin; It’s likely going to produce far more gains than Shiba Inu (SHIB) any time soon.
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