In the fast-paced world of crypto, where exchange listings can make or break a token, Monad's $MON is charting a different course. A recent tweet from Simon Dedic, founder of Moonrock Capital, highlights why $MON is performing so well without a Binance listing. He points out that by not handing over large portions of supply to major exchanges, projects avoid massive dumps that tank prices.
Dedic praises the Monad team for standing firm, suggesting this could inspire other founders to resist pressure from big players like Binance. Over time, he envisions a "flippening" where exchanges bend to founders, not the other way around, fostering a healthier ecosystem.
Looking at the chart shared in the tweet, $MON has seen impressive gains, trading around $0.044 with a market cap nearing $487 million as of late November 2025. This organic growth contrasts with tokens that spike on listings only to crash later due to sell-offs from exchange allocations.
For those new to the space, Monad is a high-performance layer-1 blockchain aiming to scale Ethereum-compatible apps with faster transactions. Its native token, $MON, powers the network. Tokenomics—the design of a token's supply, distribution, and incentives—play a huge role here. By controlling supply tightly, Monad minimizes dilution and aligns incentives with long-term holders.
The thread sparked discussions in replies. One user speculated that Coinbase's involvement might be behind the no-Binance strategy, as they're building their own ecosystem with Base. Another noted Monad's hefty $187 million funding round, giving them resources to manage price without relying on exchanges. Questions arose about volatility without big market makers and whether other projects will follow suit.
This resonates in the meme token world too, where hype-driven pumps often lead to rugs or dumps. Meme projects on chains like Solana or Base could learn from Monad: prioritize community and tech over quick listings. Avoiding "value extractors" might mean slower starts but sustainable growth, reducing the rug-pull risks that plague memes.
As Dedic puts it, this could heal the space. For blockchain practitioners, it's a reminder to focus on solid fundamentals. Check out the full thread on X for more insights, and keep an eye on $MON—it's proving that independence pays off.
If you're diving into meme tokens or DeFi, explore Monad's ecosystem via their official site. Tools like CoinGecko provide real-time data to track performance.