{"id":91366,"date":"2025-11-25T10:30:35","date_gmt":"2025-11-25T07:30:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91366"},"modified":"2025-11-25T10:36:59","modified_gmt":"2025-11-25T07:36:59","slug":"monads-market-cap-tops-365m-within-a-day-of-launch","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/monads-market-cap-tops-365m-within-a-day-of-launch\/","title":{"rendered":"Monad\u2019s market cap tops $365m within a day of launch"},"content":{"rendered":"<p>On 24 November, the <a href=\"https:\/\/forklog.com\/en\/news\/how-monad-works-an-ethereum-and-solana-rival-with-10000-tps\">Monad<\/a> mainnet and the MON token went live. At the time of writing, the coin\u2019s market capitalisation stands at $365.8m, with a price of ~ $0.033.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"603\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587-1024x603.png\" alt=\"image\" class=\"wp-image-270404\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587-1024x603.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587-300x177.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587-768x452.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587-1536x904.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-f5819bba4afbf1f1-10448347919502587.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute MON\/USDT chart on Bybit. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BYBIT%3AMONUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The coin debuted at $0.025 \u2014 the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-an-ico-and-can-you-profit-from-it\">ICO<\/a> price on Coinbase, through which the project raised $269m from 86,000 participants. Minutes later, prices drifted lower, prompting some <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-airdrop\">airdrop<\/a> recipients to offload tokens.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Airdrop wallet 0x676a, which received 5.61M <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> ($184K), panic-dumped 5.5M <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> for 131K <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> at $0.0239 after <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> fell below its public sale price of $0.025.<a href=\"https:\/\/t.co\/scEg2AaqXu\">https:\/\/t.co\/scEg2AaqXu<\/a> <a href=\"https:\/\/t.co\/sieLHnXDfF\">pic.twitter.com\/sieLHnXDfF<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1993177815538450451?ref_src=twsrc%5Etfw\">November 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cA wallet that received 5.6m MON panic-dumped 5.5m coins for $131,000 in <\/em><a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\"><em>USDC<\/em><\/a><em> at $0.0239 after the price fell below the ICO level of $0.025,\u201d Lookonchain analysts wrote.<\/em><\/p>\n<\/blockquote>\n<p>Others chose to sell as soon as the free MON hit their wallets, pressuring the price.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"tr\" dir=\"ltr\">Monad Airdrop&#8217;tan ald\u0131\u011f\u0131m 71K adet <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> tokeni MEXC \u00fczerinden $0.031&#8217;e satt\u0131m \u2705<\/p>\n<p>Anl\u0131k fiyat $0.025! Yar\u0131n fiyat y\u00fckselse de \u00fcz\u00fclmem. Ekosistemde de do\u011fru d\u00fczg\u00fcn bir f\u0131rsat g\u00f6remiyorum. Do\u011fru hamleyi yapt\u0131\u011f\u0131ma inan\u0131yorum kendimce. Siz ne yapt\u0131n\u0131z?<a href=\"https:\/\/twitter.com\/monad?ref_src=twsrc%5Etfw\">@monad<\/a> <a href=\"https:\/\/t.co\/zpWOxyISw9\">https:\/\/t.co\/zpWOxyISw9<\/a> <a href=\"https:\/\/t.co\/xXb74aP1sj\">pic.twitter.com\/xXb74aP1sj<\/a><\/p>\n<p>\u2014 NikkiSixx7 (@NikkiSixx_7) <a href=\"https:\/\/twitter.com\/NikkiSixx_7\/status\/1993003849976799620?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cSold 71,000 MON I received via the airdrop at $0.031 on MEXC,\u201d a user going by NikkiSixx7 shared.<\/em><\/p>\n<\/blockquote>\n<p>Some large investors, by contrast, succumbed to <span data-descr=\"Fear of Missing Out \u2014 'fear of missing out'\" class=\"old_tooltip\">FOMO<\/span> and put millions into the Monad asset. One user spent $1.3m in USDC to buy 37m MON at $0.0364.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Whale 0x755b spent 1.35M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to FOMO buy 37.04M <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> at $0.0364 six hours ago.<a href=\"https:\/\/t.co\/RLDh40nVv7\">https:\/\/t.co\/RLDh40nVv7<\/a> <a href=\"https:\/\/t.co\/AFCCFtSxca\">pic.twitter.com\/AFCCFtSxca<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1993133532500353241?ref_src=twsrc%5Etfw\">November 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another whale <a href=\"https:\/\/x.com\/lookonchain\/status\/1993184541750780191\">opened<\/a> a 3x leveraged long on 171.6m MON ($5.6m). The unrealised profit amounted to $654,000. According to analysts, the liquidation price is $0.022.<\/p>\n<p>Daily trading volume in Monad exceeded $496m, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/monad\">CoinGecko<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Tokenomics<\/h2>\n<p>Total supply of MON is 100bn coins. An initial 10.8bn entered circulation. The allocation is as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li>ecosystem growth \u2014 38bn MON;<\/li>\n<li>team \u2014 26.9bn MON;<\/li>\n<li>investors \u2014 19.6bn MON;<\/li>\n<li>public sale \u2014 7.5bn MON;<\/li>\n<li>Gategory Labs treasury \u2013 3.9bn MON;<\/li>\n<li>airdrop \u2014 3.3bn MON.<\/li>\n<\/ul>\n<p>At launch, tokens for investors, the team and the Category Labs treasury are locked for at least one year.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a1da5fd04ace65d7-10448407364051212-1024x580.png\" alt=\"image\" class=\"wp-image-270405\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a1da5fd04ace65d7-10448407364051212-1024x580.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-a1da5fd04ace65d7-10448407364051212-300x170.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-a1da5fd04ace65d7-10448407364051212-768x435.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-a1da5fd04ace65d7-10448407364051212.png 1300w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Quarterly MON unlock schedule. Source: <a href=\"https:\/\/www.monad.xyz\/announcements\/mon-tokenomics-overview\">Monad blog<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Grievances<\/h2>\n<p>According to the airdrop <a href=\"https:\/\/forklog.com\/en\/news\/monad-team-launches-mon-token-claim-for-230000-users-2\">criteria<\/a>, the Monad team distributed coins to active community participants, high-volume traders, holders of certain NFT collections, and so on.<\/p>\n<p>A total of 235,000 wallets took part, after screening for <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-sybil-attack\">sybils<\/a>. At the current rate, the airdrop\u2019s value came to $108.9m. Some users complained they received rewards disproportionate to their contribution.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I just received my third 3 figure airdrop of the year \ud83e\udd73<\/p>\n<p>I spent over six months contributing consistently through my comics, so I honestly expected a bit more. Still, I\u2019m grateful. It might not be a huge amount, but it\u2019s honest work. <\/p>\n<p>Thank you <a href=\"https:\/\/twitter.com\/monad?ref_src=twsrc%5Etfw\">@monad<\/a> for the airdrop. I\u2019ll\u2026 <a href=\"https:\/\/t.co\/GqTiQsoZ3A\">https:\/\/t.co\/GqTiQsoZ3A<\/a> <a href=\"https:\/\/t.co\/eKnBvdH7pE\">pic.twitter.com\/eKnBvdH7pE<\/a><\/p>\n<p>\u2014 Barnabas (@GbiayeB) <a href=\"https:\/\/twitter.com\/GbiayeB\/status\/1992991358588481708?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI just received my third three-figure airdrop of the year. I spent over six months contributing consistently through my comics, so I honestly expected a bit more,\u201d wrote a community member going by Barnabas.<\/em><\/p>\n<\/blockquote>\n<p>Another user said they received $124 from the drop and jokingly invited everyone to McDonald\u2019s at their expense.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Just claimed my Monad <a href=\"https:\/\/twitter.com\/search?q=%24MON&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MON<\/a> airdrop <\/p>\n<p>Anybody wants some McDonalds? I&#8217;m paying <a href=\"https:\/\/t.co\/JVlkmnzIZu\">pic.twitter.com\/JVlkmnzIZu<\/a><\/p>\n<p>\u2014 Jeremy (@Jeremybtc) <a href=\"https:\/\/twitter.com\/Jeremybtc\/status\/1992960459956429015?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Others were satisfied with the airdrop.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I guess I should have sold my monad card for $60k on the arbitrum otc marketplace instead of waiting for the airdrop<\/p>\n<p>Still free money for tweeting so I\u2019m grateful<\/p>\n<p>You live and you learn <a href=\"https:\/\/t.co\/G1E0kTEDjk\">pic.twitter.com\/G1E0kTEDjk<\/a><\/p>\n<p>\u2014 david \ud83d\udd1b\u26d3\ufe0f (@davidonchainx) <a href=\"https:\/\/twitter.com\/davidonchainx\/status\/1992998704211546123?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Technology<\/h2>\n<p>At launch, several well-known crypto projects were live on Monad, including the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-metamask\">MetaMask<\/a> and Phantom wallets and the decentralised exchanges <a href=\"https:\/\/forklog.com\/en\/news\/what-is-curve-lend-and-how-does-its-liquidation-protection-mechanism-work\">Curve<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-uniswap-uni\">Uniswap<\/a>. The stablecoins USDC, <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">USDT<\/a> and AUSD are also available.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">All of these apps have already deployed on Mainnet \ud83e\uddf5<\/p>\n<p>\u2014 Monad (mainnet arc) (@monad) <a href=\"https:\/\/twitter.com\/monad\/status\/1993071361426587966?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The network is compatible with the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-ethereum-virtual-machine-evm\">EVM<\/a>, allowing developers to port Ethereum-based apps with ease. The stated throughput is 10,000 <span data-descr=\"transactions per second\" class=\"old_tooltip\">TPS<\/span>.<\/p>\n<p>Analysts at Nansen noted that less than a day after launch, Monad had processed 3.7m transactions. They also pointed to 153,000 active addresses and 18,000 contract deployments.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/monad?ref_src=twsrc%5Etfw\">@Monad<\/a> went live less than 24 hours ago<\/p>\n<p>It already cleared:<br \/>\u2014 3.7M daily txns<br \/>\u2014 153K active addresses<br \/>\u2014 18K contract deployments<\/p>\n<p>That\u2019s higher day-one activity than most chains in their first year<\/p>\n<p>\ud83e\uddf5 \ud83d\udc47 <a href=\"https:\/\/t.co\/ggUwfOyjx7\">pic.twitter.com\/ggUwfOyjx7<\/a><\/p>\n<p>\u2014 Nansen \ud83e\udded (@nansen_ai) <a href=\"https:\/\/twitter.com\/nansen_ai\/status\/1993197735009473014?ref_src=twsrc%5Etfw\">November 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIn just 24 hours, the network showed a level of activity that most blockchains take a whole year to reach,\u201d the experts said.<\/em><\/p>\n<\/blockquote>\n<p>In November, the team of the aPriori project on Monad was <a href=\"https:\/\/forklog.com\/en\/news\/apriori-team-vanishes-amid-airdrop-misappropriation-allegations\">suspected<\/a> of misappropriating the airdrop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 24 November, the Monad mainnet and the MON token went live. Market capitalisation is $365.8m; price ~ $0.033.<\/p>\n","protected":false},"author":1,"featured_media":91367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Monad launches mainnet and MON; market cap around $365.8m, price ~ $0.033.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1712,1138],"class_list":["post-91366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-monad","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"270","promo_type":"1","layout_type":"1","short_excerpt":"Monad launches mainnet and MON; market cap around $365.8m, price ~ $0.033.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91366"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91366\/revisions"}],"predecessor-version":[{"id":91368,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91366\/revisions\/91368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91367"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}