Monad Token Defies Market Rout With Sharp Post-Launch Rally
Monad’s MON token surged greater than 35% inside 24 hours of launch, defying each a chilly airdrop market and a deep November sell-off throughout digital property.
MON traded round $0.035 on Monday, rising from an early vary close to $0.025 as liquidity unfold throughout main exchanges.
Monad Shines Bright Amid the Bear Market
The transfer stands out towards a market the place most airdrops have struggled. Recent trade analysis reveals practically 90% of airdropped tokens decline within days, pushed by skinny liquidity, high FDVs, and aggressive promoting from recipients.
MON as an alternative climbed strongly regardless of greater than 10.8 billion tokens coming into circulation from airdrop claims and a public token sale.
The token launched on November 24 alongside Monad’s mainnet. Around 76,000 wallets claimed 3.33 billion MON from a 4.73 billion-token airdrop, whereas 7.5 billion extra unlocked from Coinbase’s token sale.
The airdrop alone was valued close to $105 million at early buying and selling costs.
MON’s efficiency additionally contrasts with the broader market downturn. Bitcoin fell beneath $90,000 final week after long-term holders offered greater than 815,000 BTC over 30 days.
Total crypto market worth has dropped by over $1 trillion since October, and sentiment sits in excessive concern territory.
However, MON’s buying and selling demand remained resilient. Its worth recovered from preliminary promoting strain and climbed steadily via the afternoon session.
Most large exchanges listed the token at launch, together with Coinbase, Kraken, Bybit, KuCoin, Bitget, Gate.io, and Upbit, supporting deeper liquidity.
Analysts attribute the transfer to pent-up curiosity in Monad’s high-performance L1 design and a launch construction that prevented the steep inflation seen in different airdrops this yr.
The undertaking delivered one in every of 2025’s largest distributions however stored actual circulating provide targeted on early customers and public sale members quite than speculative farmers.
MON’s rally comes as a uncommon outlier in November’s bear cycle. Its early power now positions the token as one of many few airdrops this yr to submit fast positive aspects as an alternative of sharp declines.
The submit Monad Token Defies Market Rout With Sharp Post-Launch Rally appeared first on BeInCrypto.
