price move

Monad price slides 13% – Can $10.46M accumulation spark MON’s recovery?

0Importance
closedStatus
1News media
1Pieces
Published
Updated

MON closed at about 2.87 cents on Oct. 6, down from about 3.37 cents on Oct. 1. Another report said MON fell 13% and described $10.46 million of accumulation as a possible sign of interest from spot investors.

Key claims & sources

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One report described $10.46 million of accumulation alongside interest from spot investors.
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MON closed at about 2.87 cents on Oct. 6.
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That close was below MON’s Oct. 1 close of about 3.37 cents.

What it means

MON holders and traders would have seen the token finish Oct. 6 at about 2.87 cents, with the earlier Oct. 1 close at about 3.37 cents as the comparison point. That makes the latest quoted level lower than the earlier one for anyone tracking the token day to day.

In practice, the market snapshot is different from a simple static price note because one report pairs the 13% slide with $10.46 million of accumulation and mentions spot investors. The token can still trade and be accumulated, but the quoted movement and the accumulation are both part of the same picture.

Market reaction i

MonadMON the event is about this asset
first headline
-0.7% 2 h before
-5.2% 4 h after
$0.0284price at publication
11data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 7 00:00

Where this sits in the Monad series

WhenWhat happenedFigure
35 days ago MON at $0.0354 high today it sits -50.5% from there
today MON at $0.0167 low today it sits +4.7% from there

From what we have stored, starting 42 days ago.