autorenew
Monad Mainnet Launch on November 24: Phantom Wallet's Waiting Room Sparks Meme Token Hype

Monad Mainnet Launch on November 24: Phantom Wallet's Waiting Room Sparks Meme Token Hype

Phantom wallet just dropped a bombshell on X: Monad's mainnet is set to go live on November 24, and they've opened up a waiting room for what promises to be an epic event. If you're into meme tokens, this could be the next big playground, much like Solana's explosive meme scene. Let's break it down step by step, keeping things simple and straightforward.

What Is Monad and Why Should Meme Token Fans Care?

Monad is a layer-1 blockchain designed to supercharge the Ethereum Virtual Machine (EVM). Think of the EVM as the engine that powers smart contracts on Ethereum—Monad keeps that compatibility but cranks up the speed to handle up to 10,000 transactions per second (TPS). That's way faster than Ethereum's current setup, making it ideal for high-volume activities like trading meme tokens without the lag or sky-high fees.

For meme token enthusiasts, this means smoother launches, quicker trades, and potentially massive pumps. On testnet, we've already seen activity buzzing with platforms like Nad.fun, a dedicated memecoin launchpad. Guides are popping up everywhere on spotting the next 10,000x gem, like this Monad Meme Handbook from Bitget, emphasizing early discovery tools to avoid scams and maximize gains.

The Phantom Announcement: Waiting Room Now Open

In their X post, Phantom shared: "Monad mainnet goes live on November 24th. The waiting room is now open 👻" along with a link to a live Spaces broadcast. Phantom, best known as a user-friendly wallet for Solana, is expanding its support to include Monad. This integration could make it easier for Solana meme degens to jump into Monad's ecosystem without switching apps.

The timing aligns with Monad's official reveal of the MON token launch and airdrop on the same day at 9 a.m. ET. According to CoinDesk, the airdrop targets ecosystem users, adding extra incentive for early adopters. If past launches like Solana's are any indication, this could kick off a frenzy of new meme tokens vying for attention.

Community Buzz and Meme Token Potential

The replies to Phantom's post are lighting up with excitement. Users are dropping "GMonad" chants, claiming airdrops, and even promoting related memes like $GHOSTI—a ghostly token that ties into Phantom's branding. Check out this cosmic vibe from the community:

Cosmic ghost meme token image for $GHOSTI

On testnet, meme coins are already racking up thousands of transactions, as tracked by GeckoTerminal. With mainnet imminent, expect launchpads to flood with cat-themed, AI-inspired, and celebrity-backed tokens. Monad's high throughput could rival Solana's meme boom, where tokens like $BONK or $WIF went viral overnight.

How to Prepare for Monad's Meme Wave

If you're gearing up, start by grabbing Phantom wallet if you haven't already—it's free and supports multiple chains. Keep an eye on Monad's official site for updates, and dive into resources like KuCoin's Meme Guide for spotting winners. Remember, meme tokens are volatile: do your research, manage risks, and never invest more than you can afford to lose.

Monad's launch isn't just another mainnet—it's a potential catalyst for the next generation of meme tokens. With Phantom's backing and community hype building, November 24 could mark the start of something huge. Stay tuned, and happy hunting!

You might be interested