Monad Price Crash: What’s MON Price Prediction If Binance Joins?

Monad Price Crash Hit Mainnet: $MON Price Prediction If Binance Lists

Today was a huge and exciting day for a new project called $MON. It was officially launched on many crypto exchanges, like Coinbase, Bybit, Kraken, Orca, Bitget, Kucoin, MEXC, Upbit, and more. Everyone expected a massive increase in price, but instead the market saw a massive Monad price crash of around 10% in just a few hours of launch.

The price went up like a rocket right after monad mainnet launch today, and then dropped like a stone, surprising thousands of people. So, why did this happen and will Mon price surge again? Let's look at the simple reasons behind the price crash.

4 Reasons Behind the Monad Price Crash on Mainnet Day

The main reasons why is Monad price going down so quickly today are a combination of eager sellers and general market fear.

1. Too Much Selling From Early Owners

The biggest reason behind the Monad Price Crash was that too many people tried to sell their tokens at the exact same time. These were usually early investors who got the assets through airdrop. As soon as trading started, they all rushed to take profit immediately resulting increased trading volume of around 6156641.98%.

The selling pressure was so heavy that the exchange Coinbase actually had to stop MON selling for a short time. When sellers are much stronger than buyers, the price has to fall.

2. High Price Hype Caused Fear

Another big reason why the price analysis showed a quick drop is that the asset was launched with a very high expected future value, called FDV of $2.96B, even though circulating supply was very low at only 10.83B coins.

Many smart traders felt that it was priced way too high on the $MON mainnet launch. This created fear that the price couldn't possibly stay up there for long, which made more people sell fast, speeding up the price crash.

3. Too Many Exchanges Caused Dumping

Fast trading bots quickly bought the token where it was cheapest and immediately sold it where it was most expensive. This rapid buying and selling across different places is called arbitrage, and it causes rapid dumping, making the price going down sharply.

4. Crypto Market Momentum Caused Crash

The whole crypto market was already feeling weak today. Bitcoin dropped below $87,000, and when Bitcoin falls, it usually drags down most other riskier coins, including new ones. This general market fear added extra pressure.

Will Binance Listing Fuel $MON Price Prediction?

Even though the Monad Price Crash was severe, it might not last long. As per CoinMarketCap, the price is now at $0.025, crashing around 10% since its listing price of $0.0329. But, its charts shows that a small recovery might be near forming v-pattern while turning red candles into green. 

• Short-Term Prediction (Next 1–7 days): The expected range is $0.050 – $0.085 range. We should see a small bounce as the aggressive selling slows down.

• Long-Term Prediction: Monad price prediction is still strong because it has a high potential. If any positive $MON news approaches the industry, then the price could easily climb to $0.35 – $0.50. However, if the marketplace remains scared, support could fall to $0.015 – $0.020.

Conclusion

Today’s Monad price crash on its launch day is not new; similar things happened to Sui, Aptos, and Celestia. The $MON mainnet failed because of several reasons, but majorly because early investors took profit.  

However the project's long-term future remains promising if it delivers on its technology. Traders should keep an eye on upcoming updates, and its support and resistance levels to break down where the price will go next.