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Arthur Hayes responds to Monad co-founder: Unlock all tokens now, and you will definitely succeed.
On November 30, Arthur Hayes engaged in a verbal battle with Monad co-founder Keone Hon regarding “Monad as a high FDV low Circulating Supply VC coin.” In response to Keone Hon's invitation for Arthur Hayes to experience the Monad Mainnet, Arthur Hayes responded again, saying: “Unlock all tokens now, and you will be completely different from all the so-called Ethereum killers before. I bet you will definitely succeed.” Previous reports indicated that Arthur Hayes stated in an interview that Monad (MON) is “another high FDV (Fully Diluted Valuation), low Circulating Supply VC coin.” This token structure itself poses significant risks for retail investors, as it could experience a big dump of 99%. Typically, there will be an early pump, followed by a brutal dumping after insiders' tokens are unlocked. It will become another “bear chain.” Arthur Hayes believes that most new Layer-1 networks will ultimately fail, with only a few able to survive in the long term.