Monad launches mainnet, details 1B MON tokenomics and Momentum incentives after $105M airdrop — MON trades near $0.02 amid heavy sell pressure, analysts warn risk to $0.01

Monad distributed 3.33 billion MON to about 76,000 wallets in an airdrop worth roughly $105.2M (about 3% of total supply and 30% of circulating supply). A prior public sale also distributed 7.5 billion MON sold at $0.025, and MON was trading near $0.0316 after distributions. Recipients reported mixed reactions—some sold immediately, others disappointed by allocations—while Monad has raised $431M to date (including $244M in funding rounds and $187M from public sales).
AI Analysis
A large airdrop (3.33B MON, ~$105.2M) and concurrent distribution of public-sale tokens increased available supply (30% of circulating). MON traded near the public sale price (~$0.0316 vs $0.025 sale price) and recipients reported immediate selling and allocation disappointment, which supports a neutral-to-slightly-bearish view and only modest short-term market impact.