Monad public sale total commitments: More than $1B, bet: NO at 58c. Easiest would be to compare it with MegaETH which raised $1,4b at a $1b val, and we have to remember that the valuation is higher, and that the sentiment was better at that time of MegaETH + that the whole Europe is banned from this sale. So far $87m has been raised, and the goal is $187.5m. It will definitely be oversubscribed, but the question is just by how much. The ICO price is closer to the pre-market price, and I think people will be more skeptical about apeing hard. On the bull side for Monad, though they have Coinbase in their back + the sale lasts for 5 more days. Absolutely not a sure bet at all, but IMO it could be worth a try. Would I have joined the sale myself if I could? Yeah, because I still think it has upside potential compared to $2.5b. Unfortunately, I am in Europe and not qualified.
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