DAY 19: Why you SHOULD bid Monad public sale
The Monad public sale on Coinbase at 2.5B fdv doesn't look bad as $MON trades at around 5B fdv on Pre-Markets, but nothing crazy.
The sale fills up from the bottom, so probably not getting a very high bid filled.
IMPORTANT: Even if you don't like the sale I would definitely recommend bidding at least the minimum ($100) and hold for at least 30 days (only if you bid the minimum or an amount you would hold).
Why? According to the sale conditions if you dump your position before those 30 days, your next allocation could be way smaller or restricted. This could be very important for the next sales (hint: $BASE? 👀) and remember this is just the first Coinbase token sale!
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