In this market, it honestly doesn't seem very consistent for Monad to launch at a 2.5 Billion FDV and for $Mon to enter with a market cap of 130. Unless it's really going to create a Solana-like story—which I don't see the same fundamental narrative for—it's just going to be another overhyped coin that will make shorters happy.
I sold my $231 airdrop and moved on; nothing here for me.
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In this market, it honestly doesn't seem very consistent for Monad to launch at a 2.5 Billion FDV and for $Mon to enter with a market cap of 130. Unless it's really going to create a Solana-like story—which I don't see the same fundamental narrative for—it's just going to be another overhyped coin that will make shorters happy.
I sold my $231 airdrop and moved on; nothing here for me.