A Crypto Whale just made a huge splash on the transactions radar. One heavily pocketed XRP trader bought nearly 30,000 tokens from the $NOLA token presale. This is a major positive signal that the layer 2 blockchain, Nollars Network, will be of great use going into 2025 for arbitraging and serious traders seeking profits.
The new L2 Network is designed to speed up altcoin and memecoin trading to get more accurate spot prices. Hailed as the ‘Solana Killer,’ the L2-chain started out with a plan to fix some flaws that existed with trading on the Solana networks but project developers have since expanded to all altcoins and memecoins.
Why Nollars Network Is Releasing at the Perfect Time
The creator of the project came at the perfect time. Memecoins are set to rally in 2025, after the current altcoin boom that many believe will last through Christmas 2024. This ‘boom’ is unprecedented for tokens like Stellar (XLM) and Ripple Labs’ XRP coins.
Just as many doubted XRP would rally, due to years of ‘stable’ prices, it appears one trader who stuck with the cryptocurrency expected to change banking systems globally, is now betting big on Nollars.
The total amount of the purchase by this Crypto Whale in fiat currency is US$13,574.
How Many Presale Tokens Must Investors Buy To Become a Millionaire?
The NOLA token is in phase 1 of a 10 round token presale via Nollars.com. Tokens are being offered before listing on crypto exchanges at a price of $0.50 [cents]. The token is scheduled to be listed on crypto exchanges in May of 2025. The listing price will be $0.83 (cents).
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The price difference between today’s presale cost and the CEX listing day price is an ROI [profit] of +66%. This means any whale investment of US$602500 should return $1 million.
However, with the crypto trends of today, such tokens usually see much bigger gains than +66%. For example, XRP skyrocketed over +440% in the last month alone.
If the $NOLA token were to increase by similar percentages, each token would become valued at $2.70 (USD). That 4.4x in value would mean a much less investment is required to make a millionaire, approximately US$185,500.
The XRP crypto whale who just made the $13.4K purchase would see their investment turn into over $72,000 [USD] with an increase in value similar to Ripple’s burst this month.
Nollars Token Presale Schedule
NOLA token presale prices will increase over 10 rounds, as certain fundraising goals have been met. See the table below for details:
|
round |
price | Tokens available |
|---|---|---|
|
1 |
$0.50 |
400,000 |
|
2 |
$0.55 |
600000 |
| 3 | $0.58 |
1000000 |
|
4 |
$0.60 | 12000000 |
| 5 | $0.62 |
1400000 |
|
6 |
$0.65 |
1400000 |
|
7 |
$0.68 |
1200000 |
|
8 |
$0.70 |
800000 |
|
9 |
$0.75 |
600000 |
|
10 |
$0.80 |
400000 |
Funding of cryptocurrency projects such as Nollars Network, is used to pay the professionals that create the actual cryptocurrency platform, blockchains, and other technologies millions use across the world.
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Operating on a decentralized system, the Nollars project has a creator who directs its construction but will release the native token and Layer-2 blockchain to the public without ownership; everything run autonomously after that point with the public interests fueling price hikes and fear usually driving drop-offs.
$NOLA is currently in a privy presale stage, and the token is not yet distributed to public crypto exchanges. Per the etherscan ICO transaction address, there are at least 50 unique crypto traders/wallets that have acquired $NOLA.
Once the token does list on CEXES, millions more people will have access to the developing cryptocurrency with its utility being key to the Nollars Network technology, the ‘ineffable l2-blockchain.’
