Monad Mainnet Shockwave — Is This the Next Solana or the Next VC Trap?

$MON #Monad

Monad launched its mainnet this week and instantly became the most chaotic L1 debut of the month.

• Price dipped -15% at launch

• Then exploded +35% within 24 hours

• Arthur Hayes tweeted “$MON to $10” (then reversed himself 48 hours later)

• 4.7M transactions processed in the first 2 days

People are split:

Some say Monad = “Solana speed + EVM devs.”

Others say “low float, high FDV… classic VC trap.”

Do YOU think $MON becomes a real competitor… or will it dump 90% like every high-FDV L1? #Monad #L1 #altcoins

Bullish
60%
Bearish
40%
131 votes • Voting closed