The price of Monad’s native cryptocurrency rose on Tuesday following the initially expected airdrop. overwhelmed numerous speculators.
The token, which can be used to pay transaction fees and secure Layer 1 networks through staking, was recently traded at $0.042, an increase of 19% from the previous day, according to the crypto data provider. CoinGecko.
MON's recent price has registered a 68% increase from Monday's opening price of $0.025. This is the current rate of tokens during a recent public sale. MON price had risen to $0.045 early Tuesday.
The rise in MON comes as cryptocurrency prices continue to cool and fall again. one week patterneven though there are green shoots on Monday. Bitcoin The gain disappeared, falling 1.8% to $87,199. Ethereum The price fell slightly to $2,939, down 0.6% from the previous day.
Monday, some onlookers expressed surprise MON's price reflected a public sale conducted on the platform Coinbase introduced for the fledgling token. Some argued that the price fluctuations were evidence that the system was working as intended.
Monad promotes itself as a high-performance blockchain, solving limitations faced by other networks by processing transactions in parallel, such as: Solana Now you are.
Arthur Hayes, co-founder and former CEO of BitMEX, said the token could rise to $10 as animal spirits return to the crypto market, despite taking issue with the asset's low circulating supply (only about 10% of the existing MON tokens are currently in circulation).
“Exactly what this bull market needs, another low float, high FDV, useless L1,” he says. said “But (obviously) I copied it. It's a bull market.”
Airdrops are typically used as a way to reward early adopters in a cryptocurrency project, distributing tokens for free to community members and developers. Many recipients, including individuals who do NikkiSixx7 at X, often sell their airdrops and lock in profits.
This bull market needs another low float, high FDV useless L1. But obviously I copied. That's bull market complaining! Mon dollar to $10 pic.twitter.com/UMSDWWmp5a
— Arthur Hayes (@CryptoHayes) November 25, 2025
the person himself said decryption They said they had “no regrets” parting with their MON tokens on Monday for $0.031 each, claiming the network's team “gave almost nothing to their community.”
For NikkiSix7, airdrop as a result on a payday of $238. The 10,600 MON tokens received by an individual would be worth approximately $445 today, based on current prices.
In the past day, Monad has generated $400 million in trading volume on South Korean cryptocurrency exchange Upbit. Meanwhile, $233 million worth of MON was traded on Coinbase, followed by $160 million on Dubai-based Bybit.
