jakiro
Author: Haotian; Source: X, @tmel0211
Things that can be interpreted from Monad TGE:
1) The world-renowned high-performance public chain has not been listed by the largest chain in the world. Everyone speculates that the listing fee has not been settled. However,The fact that Alpha and Holder were not given chips made people happy after hearing it.;
It turns out that so many xxx debuts are the result of the so-called chip allocation game for top projects. As for Monad’s choice not to compromise, is it a noble act or a mistake?The market will eventually provide the answer;
2) It has been building momentum for two months, from the Monad Card to the ceremonial airdrop box opening, to the first release of new products on Coinbase’s launchpad, which has almost raised market expectations to the ceiling.The result?We just happened to catch up with a shelf window where the market was severely weakened.
This incident once again confirms a cruel truth: TGE’s liquidity time window is ten thousand times more important than any carefully designed marketing strategy.But, if you think about it carefully, I’m afraid,On the contrary, we need TGE projects that don’t care about time windows. We need TGE projects that can bring success to the market by themselves., Confrontation?
3) The current price of around $MON 0.03 is far lower than Polymarket’s 8B expectation, and is even only the same as the valuation of the 225M round led by Paradigm.
In the last cycle, everyone could pat their chests and say that they were underestimated, but this round, they are shouting “another heaven-death-level” project, but in their hearts they are afraid. If such a top-tier VC and team deliver such an answer, how will the Crypto industry fare?
Monad’s TGE is not so much a project’s fate as it is a mirror for the entire industry.
