Arthur Hayes Says $MON (monad) Might Drop 99% 🧵 > Yesterday Hayes goes on Altcoin Daily. > Describes Monad as a "high FDV, low-float VC coin." > FDV equals the price if all tokens are unlocked. > Raised $225M from Paradigm in 2024. > The mainnet and the token were launched on November 24. Public sale: > $269M from 85K buyers. > Only ~20% tokens unlocked Hayes’ Warning: > says, MON can drop up to 99% once unlocks are hit. > He refers to it as "another bear chain." > Predicts only BTC, ETH, SOL, ZEC survive long term.
- 0 replies
- 0 recasts
- 0 reactions
Base airdrop soon
- 0 replies
- 0 recasts
- 0 reactions
$INJ: launched on-chain Pre-IPO perpetual markets $AERO: programmatic buybacks and max-locks; Aero–Velodrome merger; frontend DNS incident resolved $LINK: announced Confidential Compute and Chainlink Runtime Environment $MON: Mainnet launch $ONDO: Secures EU regulatory approval $ICP: unveiled Caffeine, an AI app-builder platform $FET: ASI Chain testnet and migration-finalization milestones $TAO: ecosystem funding push via Yuma and TAO Synergies initiatives $RENDER: crossed 60M frames rendered on the network $SUI: announced USDsui, a native stablecoin $AVAX: announced Avalanche Treasury Co. via SPAC to build a large ecosystem treasury $CPOOL: KODA partnership for institutional custody integration $PLUME: SEC-registered transfer agent; Wormhole integration; part of Paxos USDG0 launch cohort $STRK: S-Two prover live on mainnet $ADA: brief chain split followed by emergency patch and network upgrade $SOL: validator performance gains with Firedancer/Frankendancer testing
- 0 replies
- 0 recasts
- 0 reactions