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The ERC-20 token, Nollars Network (NOLA), has officially secured its first listing on a crypto exchange. AscendEX, a prominent platform in the digital asset space, announced this exciting development via a tweet to its 256K followers. This marks a significant milestone for the Nollars Network layer-2 blockchain & ecosystem. It establishes a foothold in the bustling world of public crypto exchanges. This announcement comes just before the conclusion of the presale on Nollars.com, which is set to wrap up in May, hinting that additional exchange listings may be on the horizon.
Google data reports AscendEX boasts a robust user base of over 1 million customers, creating a solid foundation for potential trading activity surrounding the NOLA token.
What is the Nollars Network project?
The Nollars Network isn’t just a token; it aims to create a comprehensive crypto ecosystem encompassing the development of its IES layer-2 blockchain and a related dAPP called Noladex. The latter will function as a decentralized crypto exchange and the Layer-2 will accelerate transactions of various digital currencies.
This integration of services may enhance the utility and value of the NOLA token within the wider crypto landscape.
With the confirmation of its initial exchange listing and subsequent assignment to a liquidity pool, this news positions $NOLA as a promising and secure investment choice for potential buyers. Recent trends in the presale indicate a robust interest from the crypto community, with an impressive average of over 6,000 tokens being sold daily, as evidenced by analyses of ICO transactions. Additionally, the project has attracted the attention of significant investors, with two notable crypto whales purchasing substantial stakes, the latest of whom joined in during the first week of 2025.
Positive Outlook on the Tokenomics
Should the audience of AscendEX engage heavily with the NOLA token, it could ignite a surge in buying pressure, potentially driving the price upward. With a total token supply capped at 15,000,000 NOLA tokens, and 8 million of those being allocated for the active presale, early investors have already acquired 70,000 tokens.
The project provides transparent information regarding its token management for public consumption on the official website, Nollars.com. The total supply of tokens is outlined clearly, offering crucial details on how they will be allocated for stakeholders:
- Total Token Supply: 15,000,000
- 8,000,000 (53%)** allocated for presale
- 4,000,000** designated for NollarsDAO
- 1,560,000** reserved for centralized exchange (CEX) listings
- 1,440,000** set aside for other purposes
The Nollars Network has established a capped total supply of 15,000,000 tokens, suggesting that the development team anticipates a limited demand for its layer-2 ecosystem initially and associated exchange platform. This intentional limitation on token availability helps stabilize price and presents a unique opportunity for potential investors, as even modest buying activity could lead to substantial price increases over time. Additionally, notable increases in the token’s value often create significant interest and excitement in the cryptocurrency market, drawing attention from both experienced investors and newcomers.
Currently, investors have the opportunity to purchase the NOLA token at an introductory price of $0.50 during the first round of the presale. However, this price is set to escalate once 400,000 tokens are sold, marking the completion of this initial fundraising effort aimed at advancing the layer-2 blockchain and broader project objectives.
Forecasts from artificial intelligence tools have been notably optimistic for the Nollars Network since its inception. Analytical tools like ChatGPT predict that if the token successfully lists on four different crypto exchanges, its value could potentially multiply over 16 times, reaching a remarkable $8.14.
NollarsDAO
The Nollars Network ecosystem is designed to function as a decentralized autonomous organization (DAO), which means it will be governed and controlled collectively by its community members. This structure empowers users to have a direct say in the decision-making processes, promoting transparency and collaboration among participants.
In this model, akin to established cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the original founder will voluntarily relinquish ownership and control over the network. This shift in governance allows the cryptocurrency to evolve and thrive based on the collective input and engagement of its user community. By decentralizing authority, the Nollars Network seeks to harness the ingenuity, creativity, and strength of the crypto community, ultimately cultivating a robust ecosystem that prioritizes the needs and interests of its users.
The announcement from AscendEX signaling the listing of the Nollars Network (NOLA) token underscores the project’s advancing trajectory in the competitive cryptocurrency landscape, with expectations of further exchange listings to follow.
