Monad (MON) Price Surge: What’s Behind the 16.34% Increase?
Monad $MON has experienced a 16.34% price increase in the last 24 hours, now trading at $0.02611. With a market cap of $282.79M, the surge is driven by a strong 76.94% rise in trading volume, reaching $192.97M, signaling increased investor interest and market activity.
The circulating supply of MON stands at 10.83B out of a total supply of 100B, with a max supply of 100B, indicating room for long-term growth. The volume-to-market cap ratio of 68.16% highlights healthy liquidity and a strong level of market participation.
The fully diluted valuation (FDV) is $2.6B, indicating significant potential for future growth as demand for Monad continues to rise. With 8.74K holders, the token's community is expanding, contributing to its growing presence in the market.
The recent price surge reflects positive sentiment around Monad’s development and potential, positioning it for continued growth in the crypto ecosystem.
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