coinbase presale buyers are now up +2% W
$MON TGE in 2 hours Here’s what I think we can expect: ▫️ Opening Price I think the current pre-market price is mostly priced in and will reflect the opening FDV. Even though open interest has increased recently, I don’t see a strong reason for Monad to open much higher or lower. Either would likely be a reason to sell... ▫️ Price Prediction I’m not expecting crazy volatility at launch — we'll probably stay somewhere between a $3B–$4B FDV for a while. Even though I still think Monad is undervalued, unless the broader market turns more bullish, every small pump will probably get shorted quickly. ▫️ My Plan I’m bridging funds to Solana via @debridge and will use them to farm some airdrops (Bulk, Hylo, Loopscale, etc.). I’ll also try to provide liquidity after a few minutes (and the expected early sell-off) on @LFJ_gg and @MeteoraAG. ▫️ What else can You do New chain launches usually attract a ton of volume — and volume fuels memes. We saw the same thing with XPL, where several meme coins hit multi-million market caps. You can use gmgn, Dexscreener, or Kuru Exchange to trade new launches. If you’re bullish on Monad, I’d recommend liquid staking your MON (earn APY + farm airdrops) instead of letting the tokens sit idle. Good options are Magma and Kintsu.
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