NOLA Token Presale Surpasses 100K Sold, Sparking Speculation
The NOLA token presale at Nollars.com has surpassed the milestone of 100K sold, igniting new speculation that could potentially intensify buyer activity this week. Crypto traders are discussing the potential for the Nollars Network to play a pivotal role in the upcoming "Money" payment system, which is being developed for the X social media platform by Elon Musk.
X Payment System 'MONEY' Launch Timeline
The MONEY application is anticipated to launch sometime in 2025. The primary cryptocurrency option within the system is projected to be Dogecoin (DOGE). Analysts predict that Dogecoin's value could rise significantly, potentially exceeding $1 from its current price of 36 cents by the time "MONEY" launches.
Nollars Network's Role in Dogecoin Utilization
Speculation suggests that the upcoming Nollars Network IES Layer-2 blockchain may influence the utility of Dogecoin within the X platform. This speculation stems from Elon Musk's rationale for choosing Dogecoin:
- Non-deflationary currency
- Ample token supply for psychological appeal
- Fast transactions and app development on its own blockchain
Nollars Network's Contribution to Cross-Chain Capabilities
Despite Dogecoin's advantages, it lacks cross-chain capabilities. The Nollars Network (NOLA) is expected to fill this gap:
- IES (Ineffable Exchange System) Layer 2 technology provides a solution for multi-blockchain swaps of memecoins
- Mainnet will facilitate decentralized applications and cost-effective Dogecoin transactions
NOLA Token Presale and Investor Activity
The $NOLA token is crucial for these transactions and has gained increasing interest during the presale phase. Notably:
- Large crypto investors have acquired substantial amounts of NOLA
- Smaller investors are consistently dollar cost averaging (DCA) into the project
Presale Opportunity and Exchange Listing
The presale currently offers the $NOLA token at a discounted price of $0.50. The token is confirmed to launch on crypto exchanges in May at a listing price projected to be 66% higher, at 83 cents.
Speculation on Dogecoin's Role in X Platform
Rumors indicate that the Money application on X may go live within the second to third quarters of this year, further fueling speculation that Dogecoin will be the preferred choice for peer-to-peer payments within this new ecosystem.