Monad fundraising surpasses $130 million in the first week, market demand is hot

The Monad token public sale is progressing at an unexpectedly rapid pace. According to reports sent to PANews in mid-November, the status of MON token sales on the Coinbase platform is being tracked in real-time through data dashboards of cryptocurrency analyst Swishi.eth, and at that time, it had achieved $130.7 million in fundraising.

Progress of MON Token Sales on the Coinbase Platform

The public sale of Monad has achieved 69.7% of its total target, demonstrating strong market enthusiasm. A total of 7.5% of the entire MON token supply was offered at a price of 0.025 USDC, with the fully diluted market cap (FDV) reaching $2.5 billion. This indicates the high level of market anticipation for Monad.

$29 Million Additional Fundraising in 24 Hours, Accelerating Fundraising

The fact that an additional $29 million was raised in just 24 hours during the sale process suggests active participation from investors. This fundraising speed reflects market confidence in Monad’s technology and project vision, and the total fundraising amount continued to trend upward during this period.

Countdown to the Final Closing of the MON Public Sale

The public sale of Monad was scheduled to close at 10:00 AM on November 23. The amount of additional investments during the remaining time until the final closing is attracting significant attention among Monad and interested investors. Based on the current fundraising trend, achieving the target amount seems highly likely, and the final results of the Monad token public sale are expected to send positive signals across the blockchain ecosystem.