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<100 subscribers


The Layer-1 blockchain, built for high performance, hit 5 million transactions in its first 18 hours. Its $MON token launched after a $269 million Coinbase sale, now trading around $0.040 with a $440 million market cap after an initial dip and rebound. Early adopters saw big gains, like one $10,000 investment turning into $1.3 million, while co-founder Keone Hon noted the strong start. Critics highlighted the high $4 billion fully diluted valuation compared to Ethereum's early days, but community activity continues with apps and giveaways.
The Layer-1 blockchain, built for high performance, hit 5 million transactions in its first 18 hours. Its $MON token launched after a $269 million Coinbase sale, now trading around $0.040 with a $440 million market cap after an initial dip and rebound. Early adopters saw big gains, like one $10,000 investment turning into $1.3 million, while co-founder Keone Hon noted the strong start. Critics highlighted the high $4 billion fully diluted valuation compared to Ethereum's early days, but community activity continues with apps and giveaways.
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good news $MONAD https://paragraph.com/@0xb598195b5c5a86eda509363ebe9bc718110cbf88/monad-mainnet-launches-with-high-speed-ethereum-compatibility