Mollars Plans To Launch a Cryptocurrency Exchange

(CTN News) – A decision has been made by the developers of the Mollars Token project regarding what decentralized app will be developed. Through the domain Mollars.CC, a new decentralized cryptocurrency exchange will be launched.

There has not yet been developed a store-of-value token that is combined with a crypto exchange; thus, the new DEX will be a unique experiment. With only 10 million tokens being minted, $MOLLARS has a very limited total supply of tokens. It is common for crypto exchanges’ native coins to have billions of tokens in circulation.

Reddit will be updated with more information about the project after the founder of Mollars and the DEX developers have studied the research and development data.

The purpose of a decentralized crypto exchange is to allow users to buy, sell, and trade cryptocurrencies of different brands. An individual can, for instance, exchange Dogecoin for a Shiba Inu (SHIB) token, a Bitcoin (BTC) or an Ethereum (ETH).

With the new exchange, the token will serve as a bridge between cross-blockchain transactions, in addition to serving as an inflation-hedged store of value.

To maintain $MOLLARS as a successful SoV token, the most basic metric is to maintain a high demand versus a low supply. As there were only 10 million tokens ever produced, the crypto exchange’s use of the token could accelerate its branding value and price.

It is anticipated that the new DEX will be released shortly after the official website, Mollars.com, closes the Initial Coin Offering [ICO]. We will be hosting the decentralized crypto exchange at Mollars.CC, the domain that has been redirected to the new one.

Since the beginning of crypto exchanges, native crypto coins have been priced higher. These are the crypto currencies for Pancakeswap, Uniswap (UNI), Crypto.com (CRO), Binance (BNB), and Kucoin (KUC).

As the Mollars token presale continues to run strong, funds are barreling towards one million dollars. A total of nearly 1.5 million tokens have been pre-sold before the DEX listing, which represents more than 37% of the total supply of the ICO.

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