đĽ Monad Landing: Mainnet Launch Alongside Price Wave $MON Shakes the Crypto World!
## đ "Hot" Price Fluctuations Right After TGE
Token $MON just launched and immediately became the center of attention with a trading volume of 24 hours reaching **over 800 million USD**, indicating huge demand and attention from the community.
* **Initial Selling Pressure:** However, selling pressure also appeared right after, with a report noting that the price **dropped 15%** after the official launch of the Mainnet, and a wallet receiving the airdrop sold off up to **5.5 million MON tokens**.
This volatility reflects the battle between those who believe in Monad's long-term potential and those who received Airdrops/early buyers looking to take profits.
* **Surprising Price Surge:** Notably, some sources reported that the price of $MON **surged over 35%** on the very first day, challenging the common trend of "airdrop dumps" usually seen in the market. This indicates that actual demand was able to absorb a large amount of tokens unlocked from the Airdrop and the public sale on Coinbase (raising $269 million).
