Monad’s MON token slips below its sale price on debut as soft demand, slow fundraising, and a hefty 27% team allocation weigh on early market sentiment.


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Promote with Leviathan News"Many recent token launches have been snapped up almost instantly, most notably Plasma, which sold out within the first block. In contrast, MON’s sale took significantly longer to clear. That might be a signal of a lack of demand that appears to be a consistent theme with the trading debut. MON’s tokenomics have sparked debate among the community. The Monad team controls 27% of the total supply, while 19.7% goes to investors, 4% to the Labs Treasury, and 38.5% toward ecosystem development. Some observers have argued that the team’s allocation is unusually large for a new layer-1 network and could weigh on market sentiment."
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