[MON] Monad Speculation

[shinratensei_]

^  Looking at MON right now...  Looks like the guys who got a little hopeful that it will start going up above the public ICO price lost hope.    They started selling it down taking what they could get while the price was at a decent range.  Guys who bought at the local bottom got a little profit while some of the guys who got in the ICO got out at break even or just a little loss.

And talking about their ecosystem, be sure you haven't connected any wallets holding huge amounts of coins and stables.  And if you did, move your coins to a new wallet.  You just never know...

Some of their core team resigned. Head of defi, interns, etc... It's the classic playbook. With that much funding I would expect them to be able to at the very least incentivize liquidity in their blockchain to stimulate activities but nah, where all the money go . The entire blockchain is just very weird.
It's like they get so much investment yet only able to churn out very low effort result.

[tokeweed]

^  Lmao yeah...  And the 'intern' you're prolly talking about is 'Intern'.  He's head of growth in Monad.  Well, was.    He's a respected CT vet and was CMS's intern back in the day.  CMS is a respected VC in crypto who made a lot of money during the 2020 bull run and established itself as one of the big boys.

Anyway, things aren't looking that great for the project.  And I really thought this one was gonna be the biggest airdrop of them all.