moncrypto

MON Price Dips! Is It a Hidden Opportunity or High-Risk Play? 🚨
Crypto enthusiasts, watch MON from Monad as it experiences notable market action! The L1 chain slipped about 5% in the past 24 hours, hovering near $0.019, while traders eye key support levels. But with 10,000 TPS and full EVM support, MON might be positioning for a comeback in the scalability race.
Why MON Stands Out:
Can process 10,000 transactions per second, outperforming slower networks.
Minimal fees and 0.4-second blocks for smooth performance.
EVM-compatible, enabling fast project migration for developers.
Market Snapshot:
24-hour loss of 5.65%, with trading volume above $41M.
Market cap around $206M with 10.8B tokens circulating.
4-hour charts show bearish pressure; watch for potential reversal near $0.01881.
This dip may be shaking out weaker hands, but MON’s solid tech could favor long-term growth. STON.fi DEX offers instant, low-cost swaps—complementing MON’s L1 performance during this volatility.
Could MON turn bullish soon? Share your thoughts! 👇
Not financial advice—do your own research.
$MON
#MONCrypto #Layer1Blockchain #cryptotrading #ScalabilityRace #STONfi