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Cryptocurrency News Articles
New Blockchain Token’s Presale Prediction: 500x Higher Returns Than Hedera (HBAR) Gains
Jan 15, 2025 at 06:00 pm
A recent alert from the Ethereum (ERC-20) network has indicated a significant transaction involving a crypto whale
A recent development in the Ethereum (ERC-20) network has brought to light a substantial transaction involving a crypto whale, who has made a noteworthy investment in the presale of Nollars Network’s native token, $NOLA. The investor, well-known within cryptocurrency circles for their large financial commitments, purchased an impressive total of 24,000 NOLA tokens.
The transaction, for roughly $12,000 [USD], was successfully finalized at around 6:47 PM Eastern Standard Time (EST) on Tuesday, with confirmation available through the transaction hash data. This notable investment was executed using a total of 3.55 Ethereum (ETH), illustrating the investor’s deep involvement in the evolving cryptocurrency landscape and underscoring the growing interest surrounding this particular Initial Coin Offering (ICO).
This transaction elevates the whale to a remarkable position as the second-largest holder in the Nollars Network project to date. While the financial commitment is considerable, equating to more than what many individuals in the United States may have in their personal bank accounts, it does not surpass the investment made by the top holder, who contributed US$13,674 back in December of the previous year (2024), according to reports.
The $NOLA ERC-20 token is slated for launch on various cryptocurrency exchanges by the end of May. The development team behind Nollars Network is actively engaging with their community through their social media platform, X (formerly Twitter), where they are expected to announce which exchanges will facilitate trading of the token as the presale approaches its conclusion.
Nollars Network functions as a layer-2 blockchain and has plans to roll out a decentralized cryptocurrency exchange following the listings on centralized exchanges (CEX), which are targeted for later in 2025. This dual approach is anticipated to substantially enhance the trading experience for altcoin and memecoin enthusiasts by increasing transaction speed and minimizing the fees typically associated with buying and selling these digital assets.
Currently, the presale for the $NOLA token has surpassed 82,000 tokens sold, leading to total funds raised exceeding US$41,000. The $NOLA token, which acts as the native currency for the Nollars Network, is being offered in the presale at a price point of US$0.50 per token, with no minimum purchase requirement, allowing broad participation from interested investors.
This ICO is structured to be conducted over ten distinct rounds, each featuring its own pricing regime. The first round will remain open until a total of 400,000 tokens are sold. Upon reaching this sales benchmark, the price per token will increase, signaling the initiation of the second fundraising round. This tiered pricing strategy is strategically designed to encourage early investment and stimulate demand as the presale progresses through the various rounds.
According to a verification from AscendEX, the presale for the NOLA token is confirmed to be legitimate and is not a rug pull, addressing concerns from potential investors. The token is scheduled to launch on this prominent cryptocurrency exchange in May, following the completion of its initial coin offering (ICO). This upcoming listing offers a reassuring layer of security for investors who are apprehensive about the possibility of the token not being listed on centralized exchanges (CEXes).
NOLA is the native cryptocurrency of a promising layer-2 blockchain platform that has begun to garner attention comparable to that of well-established cryptocurrencies like Hedera (HBAR) and Kaspa (KAS). This innovative technology is expected to become a central topic of discussion as its token presale concludes and the Noladex.io project evolves, thereby further solidifying its presence in the cryptocurrency landscape.
Richard Dedekind, the founder of the project, has been actively engaging with the community on the social media platform X, providing consistent updates and insights. He recently announced plans to host an Ask Me Anything (AMA) session with BeInCrypto.com in the near future. This initiative reflects his commitment to transparency and his willingness to communicate openly with presale investors, fostering trust and engagement.
The forthcoming AMA also indicates that Dedekind has developed strong relationships with key influencers in the cryptocurrency media, which is a valuable asset in enhancing the project’s brand visibility and credibility in a competitive market.
The $NOLA token boasts a distinctive tokenomics structure. While it has clear utility and the potential to serve as a useful instrument in the digital commerce arena, it also features a limited total supply of just 15 million tokens. This scarcity positions it as a relatively deflationary asset, particularly beneficial in times of economic instability. If the popularity of Nollars increases, even a modest surge in buying activity could result in significant price appreciation, underscoring the token’s growth potential.
The Shiba Inu token, a trailblazer among memecoins, is poised to make waves in the Noladex of the Nollars Network ecosystem, which presents a unique opportunity for
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