Will Coinbase Pump Monad Crypto? Monad Crypto Price Prediction As Traders Dump Hard

Core Insights - Monad crypto has experienced a 25% increase since its launch, following an initial sell-off that dropped its price to $0.022 [1][3] - The project is an EVM Layer-1 network that raised over $430 million through multiple funding rounds, including a public sale on Coinbase [2] Trading Activity - The trading volume for Monad crypto exceeded $800 million in spot trading and over $1.5 billion in futures within the first 24 hours [4][6] - Initially, the majority of trading volume was on the sell side, leading Coinbase to temporarily disable selling and withdrawals for MON [4][5] - After the initial sell-off, the price rebounded to $0.0322, indicating a recovery in market sentiment [5][6] Market Dynamics - Monad's market cap is approximately $322 million, with trading volume surpassing the market cap by more than two times, suggesting strong demand for the asset [6][7] - The increase in trading volume and the price stabilization above $0.03 indicate a potential bullish trend, with speculation that the price could reach $0.1 [6][7]