MON Token Sale Nets $269M on Coinbase Pre-Mainnet Launch

Published: 2025-11-23 03:24:17 |

MON token sale on Coinbase concluded with $269 million raised from 85,820 participants, selling 7.5% of total supply at 0.025 USDC per token. This MON token sale implies a fully diluted valuation (FDV) of $2.5 billion and reflects strong market demand. The public sale wrapped up just before Monad’s mainnet launch on Monday, offering traders seamless access to MON tokens. Coinbase’s role in token offerings underscores its influence and could affect USDC liquidity in the market. With the mainnet live, MON tokens will list on exchanges, presenting trading opportunities; traders should monitor liquidity, trading pairs and initial price movements closely.

Bullish

The concluded MON token sale’s strong metrics—$269 million raised and 85,820 participants—highlight robust demand and trader confidence. Selling 7.5% of supply at 0.025 USDC values MON at a $2.5 billion FDV, which typically underpins a positive price outlook. Launching just before the mainnet go-live primes MON for immediate exchange listings, where initial liquidity injections and trading pairs can drive short-term price rallies. Long term, a successful mainnet fosters project adoption and network effects, supporting sustained growth. Combined, these elements justify a bullish impact on MON in both short-term trading and longer-term market stability.