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Monad token rebounds 46% as early investors receive allocations
11/24/2025, 22:36
AI SUMMARY
●• Monad token climbs 46% recovering from an initial dip during distribution
●• Market absorbs selling pressure as Coinbase sale buyers receive allocations
●• Tokens were distributed directly to wallets rather than via a claim page
The Monad token has rallied approximately 46% following an initial decline, as participants in the Coinbase sale began receiving their token allocations. Despite the potential sell pressure from these unlocks, the market has shown resilience with a strong rebound.
Community members noted that the distribution was executed directly on the Monad chain rather than through a manual claim process. This direct airdrop mechanism initially caused some confusion among recipients regarding the location of their assets.