MON Plunges to $0.0205 on Coinbase, 18% Drop from ICO Price of $0.025 (FDV $25B)
COINOTAG News reported on November 24 that MON experienced a pronounced retracement on Coinbase. The token traded down to roughly $0.0205 after testing the ICO price of $0.025, translating to about an 18% decline from the initial offering. Market data also shows a stated fully diluted valuation near $25 billion FDV, signaling sizable investor exposure despite the move in the spot market.
As of the latest snapshot, MON hovered around $0.02176, illustrating sustained volatility in the coin’s pricing on Coinbase. Traders are advised to follow liquidity conditions and intraday price action, as the asset remains prone to swings driven by macro liquidity shifts and exchange-specific flow. This report emphasizes keeping risk controls tight and basing decisions on verifiable data.
