The Monad Foundation’s $60 million liquidity program has been concluded. Nearly all early investors rejected the opportunity to sell their MON at a discount, choosing instead to hold their tokens. These early investors hold approximately 19.7 billion MON, representing nearly 20% of the original supply, which could create significant selling pressure during the scheduled November unlocks. Technically, MON has been consolidating below $0.025 for over a month, with the key support zone at $0.019-$0.020. A break below this level could trigger another downward move for the token.
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