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The progress of the Monad (MON) public offering is quite interesting—apparently, more than $130 million has been raised so far. It seems reasonable to say they’ve reached about 70% of the total target amount. Just looking at the past day alone, an additional $20 million has come in, so it looks like interest is continuing.
The Modnad token is currently available for public sale at a price of around 0.025 USDC, and 7.5% of the total tokens have been released. The current fully diluted valuation (FDV) is said to be around $2.5 billion. Personally, I think at this scale, it’s a fairly large project.
The deadline was said to be set for the end of November, but we’ll need to see what kind of results Monad actually delivers. I’ve heard it’s also a project that’s drawing a lot of attention in the blockchain community.