Monad Surges 13% as Red Flags Stack Up

by

In the glow of the screen the market wears the tired face of a highwayman’s town-dusty, hopeful, and a little ridiculous. Monad lifts its head from the mud, a 13% spark in the dark, as if a stubborn weed decided to stand tall after a long drought.

CoinMarketCap data suggests that new tokens with a story draw folks like moths to a neon flame. In MON’s case, a chorus of community support and foundation backing has helped push the cart along, even if the horses aren’t entirely convinced.

What’s driving Monad’s price?

First, the rally came with volume jumping more than 140%-over $160 million. It looked like a handful of buyers had found a secret door and weren’t about to leave, crowding out the general wind of selling that blows through these parts.

Social chatter filled the air, reviving Monad in the ether. The Nitro accelerator burst into the talk, a shiny thing open to developers across chains, stirring up hope and skepticism in equal measure.

That accelerator would turn already-funded crypto projects into global products with real reach, and top venture capital firms would hand out about $500K to the teams that could grab it.

On-chain, the Total Value Locked has risen since Monad’s December 22 launch. TVL sits at $628 million, up more than 4%, as if the ground itself nodded in assent.

DEXs hum with activity, just under $100 million in volume, a steady drumbeat since late December. Perps’ volume, by contrast, is a quieter note at $3.32 million.

Beyond that, the altcoin finds companionship in the stablecoin crowd. MON’s stablecoin market cap has grown past the $444 million mark, a stubborn rumor that keeps telling the town everything is fine.

Yet the fundamentals and network activity stand steady as a farm in harvest time, while the price action points in two directions at once. The market’s compass wobbles and the road forks in a dozen places.

Is MON price weakening?

On the 4-hour chart, MON drifts in a sideways gait. A lone candle traces a path between $0.01679 and $0.01979, a sign that buying has some stubborn teeth.

But the retreat back into the range after the breakout whispers weakness. The rally may not last. MACD bars shrink in size and lose their color as of writing, and Chaikin Money Flow (CMF) sits at -0.09. Momentum wanes; capital slips away like rain through a roof.

So, is Monad heading toward the base of consolidation? Technically, MON inches toward the lower support at $0.01679.

However, breach of $0.01979 would signal a shift in market structure. Without it, MON wears a bearish coat, and today’s move looks half-hearted at best.

Final Thoughts

  • Monad was up 13% amid Nitro hype and renewed network activity, a tidy headline for the barroom gossip.
  • MON price briefly broke a range, then was swiftly rejected, a wink to momentum fading faster than a bargain at dusk.

Read More

2026-02-12 00:29