🚨 Price Prediction & Future of $MON 🚨
→ First ICO on Coinbase
→ Is $MON overvalued?
→ $MON > $MEGA?
Let’s dive in 👇
@monad 3/ Where the Sale Happens
$MON ICO is the first sale to be hosted exclusively on the @Coinbase Token Sales platform!
Sale Window:
→ Opens Nov 17, 9:00 AM ET
→ Closes Nov 22, 9:00 PM ET
@monad 5/ $MON Tokenomics:
• Airdrop: 3.3B $MON
• Ecosystem: 38.5B $MON
• Team: 27B $MON
• Investors: 19.7B $MON
• Public Sale: 7.5B $MON
→ 49% of supply unlocked at launch!
Validator staking rewards: 2% inflation yearly
6/ Who are the main $MON competitors?
It is hard to compare $MON with other L1 chains
Most emerging L1s:
- don’t have Monad’s distribution
- don’t offer a unique architecture
- aren’t EVM-compatible
But let’s take $SUI, $APT, and $SEI as reference points
7/ If $MON mirrors competitors valuations:
• If FDV of $MON = $SEI → $MON = $0.016
• If FDV of $MON = $SUI → $MON = $0.18
• If FDV of $MON = $APT → $MON = $0.034
• If IMC of $MON = $SEI → $MON = $0.020
• If IMC of $MON = $SUI → $MON = $0.135
• If IMC of $MON = $APT → $MON = $0.043
@monad 7. 1/ Disclaimer
→ From a distribution and market-positioning standpoint, $MON looks similar to $SUI
8/ Pre-market price:
$MON is currently trading on @WhalesMarket at $0.046-0.05
→ Sitting well above the public sale price!
@monad 9/ Price scenarios:
• Bullish → $MON = $0.10
• Neutral → $MON = $0.05
• Bearish → $MON = $0.03
10/ My take:
From a distribution and market-positioning standpoint, $MON looks similar to $SUI:
- US centric approach
- Active community
- Big marketing budgets
My main scenario at TGE: Neutral → $MON = $0.05
Market is red. I don't expect fast recovery before Nov 24.
TLDR
Easy x2 for ICO participants
I'm joining the sale
$MON has real potential to become a TOP-5 L1 contender
Long-term targets: $MON = $0.075–0.1
Are you joining the $MON public sale?
Or waiting for mainnet listing? 👇
Shout-out to:
@monad
@keoneHD
@0x_eunice
@_jhunsaker
@intern
@qedk_
@Defi_Warhol
@ViktorDefi
@0xFastLife
@zerokn0wledge_
@BitKing_1
@monad_eco
@FitzYap
@BobtheBuildooor
@Deebs_DeFi
@MaransCrypto
@asedd72
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