[MON] Monad Speculation

[tokeweed]

^  Yeah that's what the L1 was valued at after the last seed round.  But if that translates post TGE and the circulating supply is 10.8 billion tokens then the market cap is just around 250m USD?  That's pretty cheap imho.  That would be good for the ICO participants and the airdrop recipients as that means there's a lot of room for MON to grow.

But yeah, I guess we'll just have to find out on Nov 24.  That's next week!  Can't wait to see how much my airdrop is worth.  Do I got a 5 fig one or peanuts... 

But I feel like it's gonna be decent.

[asriloni]

The monad is a greedy bastard. They will be conducting the public sale, which is looking to raise at least 170m++ usd. This is obvious the team is seeking liquidity to exit.

Not satisfied with the initial funding they are now doing a public sale --- I don't know Monad is doing this maybe they need funds to develop.

Kinda weird Monad team received like more than 225m by VCs, and it took so many years just to deliver a blockchain that may give them only three digits revenue in the future. I can only guess they used this as exit liquidity.

Beside that it seems participating in the sale is just involving bigger risk since the price in the pre future market is steadily moving down, which is not good.

I won't be surprised sale participants will be in the race with airdrop participants to sell their MON.

[tokeweed]

^  Wait what..?    'Exit liquidity'?  Who have you been listening to?  I rarely see those words thrown around in the forum and especially not on Monad.

The Monad devs made their own implementation of the EVM from scratch and they're trying to optimize everything for speed while still trying to keep the network to scale.

Now I'm not really sure that the project will be a success but one thing it's not is a scam.  If you don't like it then just stfu and ignore it.  Not trying to disrespect you but get your facts straight.

[$crypto$]

I can only guess they used this as exit liquidity.

Not sure they did a liquidity exit.

Beside that it seems participating in the sale is just involving bigger risk since the price in the pre future market is steadily moving down, which is not good.

The pre-market price is usually not a benchmark when listing later, but when the market is crashing, any coin will have an impact.

^  Wait what..?    'Exit liquidity'?  Who have you been listening to?  I rarely see those words thrown around in the forum and especially not on Monad.

Nothing --- maybe he's just expressing his frustration.

The Monad devs made their own implementation of the EVM from scratch and they're trying to optimize everything for speed while still trying to keep the network to scale.

Let's see how scalable the Monad network is? I believe this Monad network can be more optimized.

Now I'm not really sure that the project will be a success but one thing it's not is a scam.  If you don't like it then just stfu and ignore it.  Not trying to disrespect you but get your facts straight.

Successful in the sense that MON will not be able to go 5x or 10x?
Being a scam is impossible, but the sense of trust from the community is what may be in doubt.

[tokeweed]

Monad TGE and airdrop is finally happening tomorrow guys!  If the price stays at the current prelaunch price of 0.03 USD, I'd get a decent amount worth of MON tokens.  But then again, that also means MON market cap would just be around 300m USD which is very low for what it is imho.  At that price, I'll actually buy and add more to my holdings. 

It could be bought up to 1b USD market cap me thinks.  That's around .10 USD per MON which could give me a very good airdrop.