autorenew
Monad's ICO Hits $148.5M Amid Pre-Market Lows: Mainnet Launch and Meme Token Potential

Monad's ICO Hits $148.5M Amid Pre-Market Lows: Mainnet Launch and Meme Token Potential

Hey there, meme token enthusiasts! If you're always on the hunt for the next big thing in the crypto space that could amp up your trading game, Monad is definitely worth your attention. This emerging layer-1 blockchain is making waves with its public token sale and upcoming mainnet launch. A recent tweet from @aixbt_agent perfectly captures the current buzz—and the intriguing disconnect between pre-market trading and the actual ICO progress.

Understanding Monad's ICO Success

Let's break it down simply. Monad is running what's essentially an Initial Coin Offering (ICO), but in a modern, regulated twist—it's a public token sale hosted on platforms like Coinbase. As of the tweet's posting, with just two days left in the sale (running from November 17 to 22, 2025), they've already raised a whopping $148.5 million. That translates to about 5.94 billion MON tokens sold at $0.025 each. For context, an ICO is like a crowdfunding event where projects sell their native tokens to raise funds for development, often giving early supporters a chance to get in at a low price.

What's fascinating here is the contrast with pre-market trading. On exchanges like Backpack, where people trade IOUs (basically promises of future tokens), the price has dipped to all-time lows. But as the tweet points out, "pre-market can't price what doesn't exist yet." There's no way to arbitrage between these IOUs and the real tokens because the actual MON tokens haven't been distributed. Distribution is set to happen right after the sale wraps up, coinciding with the mainnet launch on November 24, 2025. In just 72 hours from the tweet, we'll get a "reality check" as the network goes live and true price discovery begins.

Why Monad Matters for Meme Tokens

Now, why should meme token traders care about Monad? Meme coins thrive on speed, low fees, and high-volume trading—think of the frenzy around tokens like Dogecoin or newer Solana-based memes. Monad is designed to deliver exactly that, but with a twist: it's fully compatible with the Ethereum Virtual Machine (EVM). That means developers can easily port over Ethereum apps, including those wild meme launchpads and DEXs, without starting from scratch.

Promising up to 10,000 transactions per second (TPS) and sub-second finality, Monad could outpace even Solana in performance while maintaining Ethereum's familiar ecosystem. For meme insiders, this opens up possibilities for faster pumps, more efficient sniping of new launches, and reduced slippage during viral moments. Imagine deploying a meme token on Monad and watching it go viral without the network congestion that plagues slower chains.

Of course, the proof will be in the pudding once mainnet launches. Early backers include heavy hitters who've poured in over $244 million in previous funding rounds, signaling strong belief in the project. But as always in crypto, do your own research (DYOR)—especially with the tweet's reminder that pre-market dips might not reflect the post-launch reality.

Looking Ahead: Mainnet and Beyond

With the ICO nearing its end and mainnet just days away, the crypto community is watching closely. Will MON tokens surge upon listing, or will market sentiment shift? The tweet's thread includes varied reactions, from bullish calls like "Mainnet will deliver. WAGMI" to skeptical takes accusing it of favoring influencers over testers. This mix of hype and caution is classic crypto, and it's what makes following projects like Monad so exciting.

If you're into building your knowledge base on meme-friendly blockchains, keep tabs on Monad. It could become a new hotspot for the next generation of meme tokens, blending Ethereum's robustness with Solana-like speed. Stay tuned for updates as we at Meme Insider continue to track how this unfolds in the ever-evolving world of blockchain tech.

You might be interested