Monad Mainnet Launched, Coinbase Spot Price Matches ICO Price

1 hours ago

On November 24th, as per official information, the Monad mainnet has officially gone live. According to the project's tokenomics, initially 50.6% of the total MON supply will be locked. This includes nearly 26.9 billion tokens allocated to the team, 19.6 billion tokens allocated to investors, and 3.9 billion tokens allocated to the Monad treasury. The unlocking process will commence in the second half of 2026 and will gradually increase on a quarterly basis according to a publicly available unlocking schedule until the end of 2029. At the launch of the Monad mainnet, several well-established crypto projects will be utilized, such as the MetaMask and Phantom wallets, Curve and Uniswap decentralized exchanges, as well as protocols like USDC, USDT0, and AUSD stablecoins. The network is EVM bytecode compatible, enabling developers to effortlessly redeploy Ethereum-compatible applications. As of the time of writing, the spot trading price on Coinbase is $0.0248, which is essentially the same as the public sale price.

Add to Favorites Download image Share x Copy link

Relevant content

「Buddy」 recharged about 500,000 U to open a 25x ETH long position and a 10x HYPE long position.

On November 24th, according to the monitoring of Hyperinsight, "Brother Ma" Huang Licheng once more deposited 499,680.56 USDC into Hyperliquid and initiated a 25x leverage long position in ETH as well as a 10x leverage long position in HYPE. The current value of the ETH long position is only $846,540 (300 ETH), and the value of the HYPE long position is only $91,962 (3000 HYPE).

11 minutes ago

Coinbase to Launch Monad (MON) Perpetual Contract Trading

On November 24th, as per official information, Coinbase is set to officially commence Monad (MON) perpetual contract trading on November 24, 2025. If liquidity requirements are fulfilled, the MON-PERP trading market will open in regions where trading is permitted at or after UTC 17:00. Retail traders in certain regions can participate in perpetual futures trading through the Coinbase Advanced platform. Institutional investors in some regions can directly engage in perpetual futures trading through the Coinbase International Exchange platform.

11 minutes ago

Equation Founder: Sold Bitcoin Bought During Previous Dip, Still “Fearful of Heights” in US Stocks

On November 24th, Vida, the founder of Formula News, announced on his personal channel that he had sold the Bitcoin he had purchased at a low point for $86,000. This sale was triggered by a fear of market peaks in the US stock market. He is prepared to accept the outcome if he sold too early.

11 minutes ago

Halfwood Summer: Bitcoin's Rebound Trend is Quite Weak, Increasing the Probability of Falling to a New Low

On November 24th, the Chinese cryptocurrency analyst Banmuxia stated on social media that the current rebound of Bitcoin is rather weak, which increases the probability of further reaching lower levels. Nevertheless, $85,000 still remains a strong long-term entry point. It is once again emphasized that the market in the next three to four months will be extremely complex, and only spot trading can avoid unnecessary liquidation emotions and trading losses. The bullish trading opportunity will only arrive when this bear market has completely ended.

11 minutes ago

Alphabet (GOOG) Rises to Touch $317.75, Reaching an All-Time High

On November 24th, based on market data, the stock price of Alphabet, the parent company of Google (GOOG), rose to $317.75, reaching a new all-time high, with a daily increase of 5.63%.