If XRP Hits $100 or Mollars Reach $1000 Value, How Many Coins Must You Buy To Make A Million Dollars?

The post If XRP Hits $100 or Mollars Reach $1000 Value, How Many Coins Must You Buy To Make A Million Dollars? appeared first on Coinpedia Fintech News

Headed into 2024 with a strong final quarter, crypto traders have their eyes set on various digital currencies, hoping to find the ‘million dollar play.’  Two cryptocurrencies gaining buzz within the investor communities are XRP and Mollars.

The ‘old-timer’ coin is expanding aggressively globally, while the initial coin offering of the newcomer looks extremely attractive since it’s going to be a premier ‘store-of-value’ (SOV) asset or ‘$BTC’ for the Ethereum blockchain world. Both seem to be headed in a positive trajectory and here’s an analysis of how many tokens traders would need to buy at today’s prices to become a millionaire from XRP reaching $100 in value or $MOLLARS reaching $1000 in value [in the future].

Countries  & Financial Institutions Switching to XRP Ledger from Swift Would Catalyze Token Value

XRP’s current price is US$0.63 cents. The cryptocurrency brand’s ledger is quietly being picked up by governments or financial institutions of several countries across the globe, which should lift the price. A few important names on the list that have acquired XRP’s services include the countries of Colombia & Hong Kong, SBI Group of Japan, Onrafiq of Africa, GCC of the United Arab Emirates, alongside companies in the UK and Australia. There were also rumours that Russia would adopt Ripple’s XRP ledger for a CBDC titled “Digital Ruble.”

Complete Saturation of XRP Token’s 100 Billion Total Supply

Sudden adoption or use of the XRP coin amongst these countries and others could be explosive for the price. It is also almost necessary for the cryptocurrency to continue growing in value since it will have a maximum minted supply of 100 billion $XRP tokens.

Currently, 55 billion $XRP coins are in circulation and it’s believed 20 million were burned. The all-time high was $3.84, which was hit nearly 6 years ago in 2018. That high however is far from the coin’s potential if it reaches the goal of replacing the global SWIFT banking system in various countries.

In the event various countries like Colombia and Hong Kong begin utilizing XRP, the circulating supply could explode and ‘available’ whole tokens could disappear, instead leaving crypto traders the option to buy fractions of an $XRP. This would push prices aggressively, possibly to $100 or close to 33X the past all-time high.

When might this happen? That’s something no one can predict but if the switch from swift happens, investors will wish they were hoarding XRP.

How many tokens would you need to buy today ($0.63) to become a millionaire if XRP Price Reaches US$100?

If purchased at today’s rate of US$0.63 cents, if the $XRP reaches the price of US$100,  a wallet containing 10,064 coins would become a millionaire. The cost of that amount of tokens in fiat USD is $6,340.

For investors looking for an easier route to the millions – some would suggest investing in Initial Coin Offerings. Memecoins and token presales have been the fastest way to get rich for many traders according to real investors on the popular subreddit, r/Cryptocurrency.

Simpler Route To Millions? A Top ICO To Invest In For 2024

One of the top ICOs of 2024 to invest in is ‘Mollars.’   This is being hailed ‘the new Bitcoin’ by major media outlets like CryptoPotato. The fledgling crypto brand recently launched its official token presale site [view here] and has increased in sales weekly by over 2500% & surging upward.

The new cryptocurrency will be  a way to save Ethereum blockchain tokens’ holders money if looking for a store-of-value (SOV) asset like $BTC.  Traders will no longer have to absorb the expense of crossing onto Bitcoin’s blockchain to get a decentralized asset with a limited supply.

Mollars Token Is The Solution For High Bitcoin Fees 

The dollars will be saved by Mollars beginning in 2024. The $BTC fees have been egregious to $ETH and ERC-20 token holders’ wallets,  alongside everyone else in cryptos.  While the Ethereum blockchain has been cutting down costs on trading, Bitcoin’s been going up.  The solution is $MOLLARS, a store of value token the ERC-20 network

The total supply of Mollars tokens being minted is 10 million.  Four million or 40% of the max supply will be sold during the pre-sale.   Part of the ICO funds will be used to create proper infrastructure, branding and demand, and a web3 application that’s going to catalyze token usage by requiring the use of $MOLLARS.  A majority portion will go into the liquidity pool to stabilize the future of the new ERC-20 token.

10-Million tokens is an extremely low amount of tokens when compared to brands like XRP which has a max supply of 100 billion coins. This is part of the reason the Mollars value is expected to increase to $1000 faster than XRP.   

Before it’s even being traded on a public crypto exchange [CEX], investors have already acquired 33,000 tokens in recent days. At $0.32 cents per token, this amassed to over US$10,700 that’s been put into the cryptocurrency.

Confirmed 100% ROI When Mollars is Listed On A Crypto Exchange

Once all 4 million ICO tokens have been sold, Mollars will go live on its first public CEX at nearly double the current price of US$0.62. As confirmed by the crypto’s whitepapers, this is a full 100% ROI for first-round investors that have acted fast on this New Bitcoin’s presale.

However, this price is only a hint at where the end price could be upon launch. With 40% of the token supply sold before launch Mollars could create a feverish demand. No one wants to miss out on the next Bitcoin rush. No one wants to miss the opportunity to own a whole token of a cryptocurrency that’s likely to be sold in fractions due to a low max supply being minted.

Once Mollars tokens are on the public market, that is exactly what could happen!

With only 6 million tokens being left, once the initial coin offering reaches the hard cap, the token value is predicted to soar into double or possibly triple digits. The CEX listing price of 62 cents is only a beginning.  In a more lengthy time frame, $MOLLARS is predicted to sell out and prices should soar to $1000 or higher.

How Many $MOLLARS Would An Investor Need to Buy At Today’s Price ($0.32) To Be a Millionaire When It Reaches $1000 in Value?

To be a millionaire from an investment made today into the Mollars token ICO, when it reaches a value of $1000, one would need approximately 1,001 tokens in their wallet.  Today’s cost of the 1,001 tokens at the current 32¢ [cents] price is $320.32 or about the price of a Nike tech suit. 

While some may prefer a Nike Tech suit or some Ferragamo drivers, the wiser would take a risk on a hot ICO token since it has a chance to change that person’s life and financial status.  Even in a worst-case scenario of just selling at the CEX listing price, $MOLLARS tokens are projected to double in value.  The vanity items will only decline in value.

And even if selling for short-term profits, investors would also be wise to save at least 100 mollars tokens for the future. With half the max supply being minted of Bitcoin, today $BTC token’s value of $45,000 should encourage users to think, “What if $Mollars reaches half of that” without doubt.

Probably Shouldn’t Sell All Your $Mollars At $1000 Price

Some were eager to sell all their Bitcoin at $1000 due to it originally being sold for less than a penny. However great the feeling of the short-term cash out was, those original risk-takers in crypto must be sick today to see the $BTC being worth up to US$60,000 at times.

Mollars token could potentially see astounding heights in value. With half the minted supply of Bitcoin, perhaps $1000 is a low-ball estimate and the ICO token could one day be worth $10,000 instead.

Regardless of the investment choice, analysts project both are great cryptocurrencies to have in portfolios. The $XRP coin will likely be a slow and steady gain from a point that’s far from its ICO days.  Mollars on the other hand offers users the opportunity to make massive gains from investing in the initial coin offering while it’s still on the private exchange and official website – Mollars.com.

All traders should do their research but the numbers analysis suggests both the $XRP coin and  $MOLLARS, the new Bitcoin for the Ethereum Blockchain tokens’ holders,  will be big winners for returns on relatively small investments.