$MON monad really might be the funniest “next big chain” we’ve seen in a while.
• raised $244M
• somehow needed another $187M
→ $431M for a chain that isn’t even outperforming a normal L2
then they dropped tokenomics so bad it made celestia look reasonable and tried to PR-spin it by saying locked tokens “won’t be staked” like that was ever a flex.
their “ecosystem”? a recycle bin of EVM forks and dot-fun experiments.
their team? farming bots on X and calling it “growth.”
their founders? pushing memecoins that nuke to zero on day one.
even the US-open ICO didn’t instantly fill… and that was th