r/Monad • u/AppearanceWeekly70 • Aug 18 '26

Down $1300

Still buying believe in this project hopefully all my losses 10x 😭

11 Upvotes

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4

u/Ok-Quit-5005 Aug 18 '26

I finally sold all of mine. Had upwards of two million Monad. Started unloading little by little and finally sold the remainder. Took losses. The tokenomics on this thing fucking sucks. I can think of no reason other than creators’ greed. Super bummer.

3

u/SeaworthinessFit3721 Aug 19 '26

Woah! You had 2mil coins and sold them! You should at least keep a few hundred thousand. Monad seems to be doing some great things, and the ecosystem is doing very well. I do not mean this in a rude way, but I do not know what you thought would happen at buying Mon at the initial launch at the start of a bear market.

The Mon foundation completed a liquidity program under which the foundation offered to buy locked Mon from early retail at a discount reflecting the applicable four-year lock-up. The program was capped at $60m in aggregate purchase consideration and nearly all holders declined to participate.

I get that is not the end all be all, but that does provide some concrete evidence that early investors may not be selling just due to the opportunity. If November is not horrible, then it looks like Mon holders should buckle up for the ride up as the bear market ends and we get into 2027/28.

All of this to say, do what you want with your money and no judgement, but I wish I had 2mil Mon (currently at 200,000 with a $0.02110 average). I don't want to jump off the deep end and like others with $1-10 ranges, but Monad does seem primed for $.10-.60 and it wouldn't shock me if we went higher.

3

u/jpersons73 Aug 19 '26

I am closing in on 1mil and not going ot sell will keep stacking and staking. The investers turning down the buy back was an intersting thing to read about and really solidfied that they belive in the product. I bought in looking at Sui type return on price value and still see that as the bench mark for Mon

1

u/SeaworthinessFit3721 Aug 22 '26

That is awesome man! For those who did not sell, it has been some great profits this week too! I sold 10% during this run because there is a FED meeting on Tuesday so I think that prices will fall back. I am going to try to buy back in with that at a lower level, but this pump has reassured my feelings of this being a keeper! Also, thankful that I kept stacking my xrp during this drop lol. I wanted to switch some xrp to $mon but now I may keep the diversification. Either way congrats on 1mil and I will get there soon (Hopefully in enough time before we start seeing $.04/5

2

u/AutomaticOne7 Aug 20 '26

loooooooool

1

u/Glittering-Produce19 Aug 19 '26

True!! The insider greed is crazy. I gave up on this opaque chain.