Nollars Network token presale Explodes, Whale buys 24000 Tokens

A Crypto whale alert has been generated from the Ethereum (ERC-20) network. A crypto whale has just decided to go in big on the token presale for Nollars Network.

The trader whose expenditures put them at the top of the crypto hierarchy, decided to buy 24,000 NOLA tokens; roughly $12000 (USD).

The initial coin offering (ICO) purchase successfully concluded at approximately 6:47 PM Eastern Standard Time (EST) on Tuesday, as confirmed by the transaction hash data.

Notably, a substantial investor, often referred to as a “whale” in cryptocurrency circles, executed the transaction using a total of 3.55 Ethereum (ETH) coins. This particular investment reflects the whale’s significant involvement in the market and highlights the ongoing interest in the ICO.

The Biggest Crypto Whale?

This transaction ranks the crypto whale as the second biggest investor of the Nollars Network project to date.  While the massive amount is more than most have in their bank accounts in the United States of America, it’s still not enough to top the holdings of another investor that bought into the Nollars Network token presale.  The top holder invested US$13,674 in December of last year (2024) per report.

The ERC-20 token is scheduled to launch on cryptocurrency exchanges at the end of May. The brand’s developers, who are actively engaging with their audience on their X (formerly Twitter) profile, are anticipated to share details about which exchanges will list the token as the presale approaches its conclusion.

What is Nollars Network in layman’s terms?

Nollars Network operates as a layer-2 blockchain and plans to introduce a decentralized cryptocurrency exchange following the centralized exchange (CEX) listings, targeted for later in 2025.

The combination of these initiatives is expected to enhance the speed of altcoin and memecoin trading for informed investors while also reducing transaction fees associated with buying and selling.

The presale of the $NOLA token has exceeded 82,000 tokens sold. The total USD raised by the ICo is slightly over US$41,000.

How much does it cost to invest in presale?

The $NOLA token serves as the native currency for the Nollars Network, a layer-2 blockchain. Currently, it is being offered in a presale at a price of US$0.50 per token.   There is no minimum.

This initial coin offering (ICO) is designed to unfold over a series of ten distinct rounds, each with its own pricing structure. The first round will continue until a total of 400,000 tokens have been sold.

Once this threshold is reached, the price per token will increase, signaling the commencement of the second fundraising round. This progressive pricing model is intended to incentivize early participation and drive demand as the offering moves forward through each subsequent round.

Is this token presale legit?

Per verification from AscendEX, the NOLA token presale is not a rug pull. It will be listed on the popular crypto exchange in May, after theICO ends.  This adds security for investors, fearful the token will not make CEXES.

Like Hedera (HBAR) or Kaspa (KAS), this blockchain platform is a useful technology that will likely become a major part of conversations after its token presale ends and its Noladex.io project materializes.

The creator of the project, Richard Dedekind, is active on X regularly (link).  He’s recently tweeted that he will be doing an Ask Me Anything session with BeInCrypto.com in the near future, showing a willingness to be transparent and communicative with presale investors.

The AMA would also suggest the project’s creator has a firm relationship with top cryptocurrency media influencers; a major positive when building crypto brand value.

The $NOLA token will be quite unique in terms of its token structure. Though it has utility and could be a viable tool in digital-commerce in the future, the total token supply is still very low.

Only 15-million Nollars Network tokens will be generated  of this rapid trading tool, which makes it somewhat a deflationary device in a failing economy. If the popularity of Nollars grows, a small amount of buying pressure could drive prices up quickly.

Top Memecoin ROIs of All-Time

Shiba Inu (SHIB) token, one of the first memecoins that will utilize the Noladex of Nollars Network ecosystem, has a total token supply of 4-trillion.

If the Shibarmy audience were to migrate over to the Nollars Network ecosystem and buy millions of tokens, the price could easily escalate to over US$20.

Or if comparing a token value based on usership and similar utility, Hedera (HBAR) could be of a parallel course.  The Hedera mainnet has a reported 1.2-million users.   Diving the current token price per 100,000 users, means the token goes up in price 3-cents per 100k mainnet users on average.  

If Nollars Network’s $NOLA token takes same path Hedera’s $HBAR Coin

If Nollars Network layer-2 blockchain were to follow an equal path, the pricing outcome would be far different due to total token supply.

Hedera (HBAR) has a max supply of 50-billion which is 3333x the max supply of the $NOLA token.   Therefore, the pricing per 100k users registered should be approximately $100.   

Based on those averages, If 1.2-million-users were to register for the Nollars Network (NOLA)  the price of the token could increase toward the range of $1200.83  from its price of $0.50 (cents) today.

A Spectacular +240,066% Return on Investment

The increase in value would be an absolutely fantastic return on investment of 240,066%.   For each $1 invested, $2401.66 would be returned.  An investor who skips a weekend going out and invests $200 in Nollars Network, would see their portfolio increase in value to US$480,000.  

In prior years, several tokens have seen such returns.  In a post on reddit, traders discuss successful presale buyers have managed to turn thousands of dollars into millions or billions in profits, simply by holding for an all-time high in value.

Nollars Network could be the next major ‘crypto moon shot’ but if not, at least presale buyers can settle for +66% ROI if this presale hits its ceiling.