🐳 Monad｜Locked Value vs. Token Price
On-chain value locked: +27.05% in 24 hours ($999 million)
$MON : +1.44% over the same period
The amount locked has gone up, but whether the price follows is another matter: the locked assets aren’t necessarily $MON . Even if there are new deposits, they may not be buying $MON . What do you think?
#MON
Just my personal observation, not investment advice.
On-chain value locked: +27.05% in 24 hours ($999 million)
$MON : +1.44% over the same period
The amount locked has gone up, but whether the price follows is another matter: the locked assets aren’t necessarily $MON . Even if there are new deposits, they may not be buying $MON . What do you think?
#MON
Just my personal observation, not investment advice.