Monad Airdrop Date Announced: Distribution Criteria Awaited

All eyes in the crypto world have once again focused on Monad (MON) following the recent announcement from the team. The long-awaited airdrop event has been finalized with a date. The Monad team announced that the airdrop will begin on October 14. However, there has been no information yet regarding the eligibility criteria and distribution details that investors are most curious about.

Monad introduces itself as a high-performance Layer-1 blockchain compatible with Ethereum. The team continues to make important announcements via X (Twitter) to keep the community informed before the airdrop. However, the community is still experiencing uncertainty regarding how the airdrop will happen and the criteria for distributing the tokens.

Additionally, before the airdrop news, the Hyperliquid exchange listed MON-USD futures, providing investors the opportunity to take positions before token distribution begins. Currently, the MON token is trading at approximately $0.12 on Hyperliquid. Based on this price, the expected total supply of Monad, which is 100 billion MON tokens, puts the total market value at around $12 billion.

As the airdrop event approaches, there are many factors that investors need to pay attention to. The announcement of distribution criteria and the following process will be critically important for crypto investors in terms of valuable information and potential gains. The Monad community should take steps to learn more about the project and prepare for potential gains.