Monad is the safest place to hide right now.
Current valuation = $1.7B.
But ~40% of that is unallocated token held by Category and the Monad Foundation. Also, they have ~$400M cash on hand.
Valuation - unallocated tokens - cash = $600M. Pretty good price.
And most of that is of course locked. Vesting doesn't begin until November.
If you believe in the old fashioned crypto ethos of decentralization and neutrality, and you think crypto has any sort of future at all - Monad is a good place to be.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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