Coinbase Initial Public Offering MON: This is truly worth paying attention to

Major Event — Truly Worth Noting. @coinbase announced that its first public sale project @monad ( $MON ) will launch on the Launchpad platform from November 17 to 22. This marks the first time since 2018 that US investors can legally participate in a token public sale on a mainstream exchange.

Why This Time Is Different

Unlike many rushed projects in the past, public sales conducted through well-known exchange Coinbase’s Launchpad typically involve stricter due diligence and user protection mechanisms. Exchanges are unlikely to risk damaging their reputation, especially for an international platform like Coinbase. Although early airdrop distributions for Monad have sparked some discussion, the official public sale process is expected to be more standardized and transparent.

Key Sale Parameters at a Glance

Sale Size and Pricing:

• Total Token Supply: 100 billion tokens
• Public Sale Size: 7.5 billion MON, accounting for 7.5%
• Fully Diluted Market Cap Target: $1.99 billion
• Public Sale Price: $0.025/MON
• Target Fundraising Amount: approximately $187.5 million

Participation Conditions:

• Minimum Investment: $100
• Maximum Investment: $100,000
• Sale Period: November 17, 22:00 - November 23, 10:00 (UTC+8)

Innovative Allocation Mechanism: Using a “bottom-up” allocation algorithm that prioritizes small real users to prevent monopolization by large holders. Notably, users who sell tokens within 30 days after TGE will have their allocation weight reduced in subsequent rounds—this design encourages long-term holding and discourages short-term arbitrage.

Market Status and Trading Dynamics

$MON has begun preliminary trading on a certain exchange, with the current price around $0.05, doubling the public sale price of $0.025. While the increase looks promising, the arbitrage space is limited, so caution is advised regarding early locking of tokens. The market has historically shown high volatility in new token prices, so maintaining rational expectations is crucial.

Participation Tips and Strategies

Multiple Accounts for Small-Amount Participation: Use multiple accounts to diversify investments, ensuring sufficient quota and reducing the risk of restrictions on a single account.

Holding Strategy: After acquiring tokens, try to hold for at least 30 days to maintain higher participation weight and allocation advantage in subsequent projects.

Flexible Lock-up: Post-TGE, you can choose to lock in profits flexibly based on market conditions, but there’s no need to rush into immediate selling.

New Account Rotation: For long-term participants, consider using new accounts to participate in subsequent similar sales to obtain optimal allocation weight.

Overall, participating in the public sale via Coinbase’s official Launchpad is a relatively safe and legitimate investment approach. Compared to other informal channels, projects here undergo stricter review, and user rights are better protected.