@nasimmain
COINBASE TO LAUNCH PLATFORM FOR TOKEN SALES, FIRST ICO TO BE MONAD $MON NEXT WEEK
7.5% of the token supply is reserved for public sale. The price per token is $0.025, which is at $2.5B FDV. 3.3% of the supply was allocated for the Monad airdrop, which included the wider community. Airdrop and public sale tokens will be fully unlocked with no vesting period.
Currently, the pre-market Monad price is $0.05, which is 2x the ICO price. Now, the question is: why do people hold tokens if they are getting a 2x return? To understand this, you have to read Coinbase's ICO rules.
If you sell your ICO tokens within 30 days, you will receive a smaller allocation for subsequent ICOs.