MON Debuts Below Presale, Triggering Immediate Investor Panic
Monad’s highly anticipated token launch has quickly shifted from excitement to frustration as MON opened below its pre-sale price and immediately pushed early buyers into the red.
The token debuted around $0.026 to $0.028 depending on the platform, only to drift even lower within hours of trading. A short-lived spike to $0.035 briefly raised hopes, but the rally collapsed just as quickly, reinforcing fears of aggressive insider selling.
Those concerns intensified as investors highlighted that 50% of the total MON supply is allocated to the team and insiders, a concentration many say creates structural sell pressure. Confidence eroded further when active participants who contributed to the Monad ecosystem for months found themselves receiving minimal rewards from the long-expected airdrop.
The sentiment swing was swift, driving the hashtag #MonadScam across social platforms and drawing comparisons to troubled launches like Berachain (BERA), another hyped Layer-1 that faced accusations of insider advantage and poor distribution.
Coinbase’s First ICO Sparks Debate
What makes the fallout even more notable is that Monad became Coinbase’s first ICO-style launch, an unusual move that even allowed U.S. investors to participate.
For many, Coinbase’s involvement initially felt like a stamp of credibility—one that implied a smoother debut and stronger price stability. That confidence has rapidly faded as MON continued trading below its pre-sale range, leaving early supporters questioning whether the exchange’s brand was enough to offset flawed tokenomics.
Fueling the debate further is the coordinated support from major crypto players. Solana, Uniswap, and MetaMask all promoted Monad’s launch with branded visuals and public endorsements.
While some see this as validation that the project has serious backing, skeptics argue that the marketing push looked more like strategic positioning than genuine belief in the technology.
With the token’s fundamentals still unclear and price action failing to stabilize, many investors remain unsure whether this support reflects insider familiarity—or merely an attempt to ride the hype cycle.
MON’s Recovery Depends on Utility, Trust, and Market Patience
As MON attempts to find its footing, its future remains uncertain. A recovery is possible—other tokens such as Pump.Fun eventually rebounded from shaky debuts and built meaningful ecosystems with real revenue and user activity.
However, whether Monad can replicate that trajectory is far from guaranteed. The project has yet to demonstrate strong fundamentals or consistent usage, leaving the token’s value largely driven by speculation.
For now, Monad sits among the year’s most volatile and divisive launches. With early price weakness, community distrust over token distribution, and lingering doubts about insider concentration, the project must rebuild credibility before the market will give it a second look.
MON could rise to become one of 2025’s standout performers, but it could just as easily fade into the long list of hyped tokens that never lived up to expectations. Until clearer signals emerge, caution—not optimism—remains the market’s dominant stance.