I don't think the low-float, high-FDV playbook is working anymore. Monad ($MON) launched with 10% of the supply in circulation (excluding ecosystem tokens), and yet the price has only gone down. Not sure who's supposed to absorb all those tokens once they unlock.
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I don't think the low-float, high-FDV playbook is working anymore. Monad ($MON) launched with 10% of the supply in circulation (excluding ecosystem tokens), and yet the price has only gone down. Not sure who's supposed to absorb all those tokens once they unlock.