Monad Crumbles: The Price Plunges, FDV Sparks Feuds & Traders Seek Salvation

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Ah, the glorious saga of Monad-like a ship caught in a storm, bravely sailing towards the icy abyss, only to discover that the waters are far colder and more treacherous than anticipated. After a heroic rally, our digital hero has now retreated, a battered warrior retreating to the supportive sands of $0.024, as if clutching at a life raft in a sea of skepticism. 😅

The Crystal Ball of Cryptic Chaos

  • Monad’s price hath stumbled, shuffling closer to the sacred threshold of $0.024-a support line as fragile as a politician’s promise.
  • Lo and behold! A public brawl-Arthur Hayes versus Monad’s CEO-over FDV and token structure, stirring the pot and rattling investor nerves during the first week of trading, much like a family quarrel at a holiday dinner.
  • Initial euphoria soared to $0.048, only to be dashed-like a soufflé collapsing-leaving $0.024 as the last bastion of hope amid the chaos.

Monad now trades at about $0.0242-down nearly a fifth in a day-reacting to a cooling-off period that rivals a long winter’s nap, fueled by an ongoing debate over its allegedly inflated valuation. Since its high-flying debut at almost $0.048, it has tumbled over 50%, hanging perilously close to the lower end of its weekly range. A dramatic decline, as if the token’s confidence was lost in a game of high-stakes poker. 🎲

Meanwhile, the market’s heartbeat continues-volume has surreptitiously climbed 35% to $525 million, suggesting traders still flicker with hope or perhaps just enjoy the thrill of the rollercoaster. Derivatives, however, have grown quiet-like a church during a thunderstorm-survivors clutching their positions during a cooldown. Futures volume rising 20% to $26.5 million, but open interest slipping 13%, as traders hurriedly retreat, saving their skin from the market’s wrath. 🎢

The Great Clash: Hayes vs. The CEO-Fury in the Digital Colosseum

A fiery exchange erupted-Arthur Hayes, formerly of formidable reputation, now painting Monad’s valuation as inflationary nonsense-a castle built on quicksand, perhaps. The CEO retorted, defending faith in funding, code, and dreams of future glory, waving the banner of long-term vision amidst the chaos.

Dear @CryptoHayes, your reputation precedes you-like a legend. Perps are a marvel, no doubt. Your influence is felt far and wide-like a fart in a crowded elevator. But enough with the soap opera; this isn’t a telenovela, even if it seems so. The market’s mood? Like a cat on a hot tin roof-jumpy and unpredictable. 😜

– Keone Hon (@keoneHD) November 29, 2025

This verbal duel, shared across the digital ether, sent ripples-some early investors, clutching their courage, used it as an excuse to trim their holdings. A subtle tremor, not a collapse, but enough to mark a turning point in the saga of this ambitious token.

Monad’s ascent was meteoric-rising from the initial listing zone to flirt with $0.05, fueled by eager demand and liquidity’s swift expansion. But the tide turned, and now the FDV debate looms like a specter over its promising future, casting doubt where hope once reigned.

Technical Analysis: The Fall and the Wall of Support

Since rebuffing itself around $0.048, Monad has been sliding downward-a slick slide, glued to the lower Bollinger Band, like a fish caught in a net, moving only one way. The RSI, shy and timid, hovers in the low thirties, with room for sellers to dance a little further before the market screams “oversold.” 🐟

Volume charts-like the heartbeat of a dying star-show spikes on red candles, especially when minor supports are broken, while green volumes are weak and reactive, like a dog chasing its tail. Every attempt to hold the $0.03 line has failed-an admirable effort, but reminiscent of a hopeful romeo in a tragedy. The ADX above 50 whispers one thing: the trend is as strong as a gorilla on espresso.

The mighty $0.024 mark stands firm-if broken, the downtrend’s victory march continues, possibly revisiting those liquidity deserts from the launch day, where hopes once bloomed but now lie buried under skepticism.

Hold on, brave trader. The journey is treacherous, and the path fraught with peril. But as long as the support holds, maybe-just maybe-we can stumble back towards something resembling recovery. Or we can watch our digital dreams evaporate like morning mist. Either way, the saga unfolds. 😉

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2025-12-01 09:33