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Arthur Hayes: Monad (MON) could fall 99%, it is a high-risk VC coin.
According to Deep Tide TechFlow news on November 30, Cointelegraph reported that Arthur Hayes described the Monad token model as “high FDV, low Circulating Supply,” essentially a structure dominated by VCs and early investors, which carries extremely high risks. This issuance structure is often accompanied by a brief pump due to hype and extremely low liquidity in the early stages, but once the internal tokens are unlocked, the selling pressure will surge, turning it into another “bear chain.”
Hayes stated that despite his previous minor involvement in MON, he is now “99% bearish (99% bearish)” on the project, bluntly saying, “Send this dogshit to ZERO!” He also pointed out that most emerging L1 projects, including Monad, struggle to survive, with the exception of a few foundational chains (such as Bitcoin, Ethereum, Solana, Zcash).
According to previous news, on November 25, Arthur Hayes stated: MON will rise to 10 dollars.