Monad (MON) Public Sale on Coinbase – Today’s Update
Monad just pulled off one of the biggest token sales of the year on Coinbase – and it didn’t end up a flop like people feared in the middle of the sale. This is a quick no-BS update on what actually happened, where the numbers landed, and what’s next. --- 🧾 Quick Context - Project: Monad – next-gen, Ethereum-compatible L1 - Token: MON - Platform: Coinbase Token Sales (retail-friendly) - Sale window: Nov 17, 2025 – Nov 22, 2025 (US time) - Price: $0.025 per MON - Total initial supply: 100,000,000,000 MON - Public sale allocation: 7.5% (7.5B MON) So this wasn’t a random launchpad; this was the first big L1 sale on Coinbase’s new token sale platform. --- 📊 Final Sale Numbers (as of today) The important part: how did the sale actually end? - 🎯 Target raise: $187M - ✅ Final raised: around $269M - 👥 Participants: ~85,820 wallets joined the sale - 📈 Status: clearly oversubscribed, not underfilled Early in the week it looked weak (only ~45% of target after day one), but in the last stretch money poured in, and the sale flipped from “hmm is this dead?” to fully sold out with a big buffer. --- 🧩 Token Sale Structure (Simple Version) Here’s the high-level tokenomics around the sale: - 7.5% – Public sale via Coinbase - ~3.3% – Airdrop to early users & community - 38.5% – Ecosystem development - 27% – Team - 19.7% – Investors - 4% – Treasury Public sale price + supply implies an FDV of about $25B at launch. Heavy numbers for a new L1. --- 🎯 What’s Happening Today Today’s status in plain words: - The token sale is already finished – no more new commitments. - The team has confirmed the final amount (~$269M, 85k+ participants) and called the sale a success. - Mainnet launch is scheduled for Nov 24, 2025, and that’s when: - MON tokens from the sale will be distributed - MON airdrop escrow will unlock to eligible wallets - Some exchanges are preparing listings – for example, in Indonesia: - INDODAX MON/IDR: deposit opened on Nov 23, trading starts Nov 24 (local time). So today is basically “calm before the listing/mainnet” – sale done, money locked, everyone waiting for tokens to hit wallets and order books. --- ⚠️ Things Degens Should Watch Not financial advice, but if you’re watching MON, these are the key points: 1. Small free float at launch Only a limited % of supply will be liquid early. → This can mean high volatility both up and down. 2. Big allocations to team & investors A lot of tokens are locked for team, VCs, and ecosystem. → Unlock schedule becomes super important later. 3. Market conditions The sale was big in dollar terms, but the overall crypto market is still shaky. → Even a “successful sale” can trade badly if macro is heavy. 4. Actual L1 performance Hype is cool, but long term it all comes down to: - how fast / cheap the chain is in real usage - how many devs ship on Monad - whether real users show up (not just airdrop farmers) ---
