Follow UsMonad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
Neutral-28.73%
18 Aug, 05:18
Source: CoinDesk
AI Summary
Monad offered early investors up to $60 million to cash out before token unlocks, but most declined despite MON trading below its public-sale price, signaling investor confidence amid weak price performance.
The program came three months before investor unlocks begin, with MON trading below its public-sale price and most of the token supply still outside circulation.