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Monad’s listing illustrates how low-float launches can anchor valuation even when macro conditions point in the opposite direction, leaving traders mispricing outcomes that hinge more on supply than on sentiment.
Monad’s MON token today launched on Solana through Wormhole Labs’ newly introduced Sunrise platform, a...
Soft demand, low volume and concerns over token distribution weighed on early market sentiment.
The total supply of MON is 100 billion tokens, with 10.8% currently unlocked and in circulation.
The platform introduces a unified gateway that allows issuers and users to move tokens from any ecosystem into Solana.
Also: Monad Tokenomics Unveiled, Anchorage Dabbles in BTC DeFi and Injective’s Native EVM.
A public sale of the MON token will begin on Coinbase’s Token Sales platform on Nov. 17 for 7.5% of the initial supply.
The first token offered will be next week and from Blockchain startup Monad.
Coinbase is launching a platform that enables individual investors to purchase digital tokens prior to...
This comes after the Foundation opened its airdrop claim portal on October 14, inviting users to verify their eligibility.
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