There’s a high probability that Monad’s price action will mirror Berachain’s. Why am I saying this? ▪️The real circulating supply isn’t 10.8%, it’s closer to 50% ▪️Founders are on X writing long epistles to convince OGs to buy the token. "Hilarious, because these are researchers who know exactly whether it’s worth holding or not." ▪️The community is still divided, even after 3 years of building. ▪️There’s no consumer-app driving actual chain adoption. ▪️No real revenue streams for buybacks or ecosystem support, which means more token sell pressure. ▪️Still pushing memecoins and NFTs in late 2025 [it screams a lack of originality.] ▪️Nobody is buying a token because of “10k TPS.” Retail is way smarter now. It might be too early to fully judge the ecosystem, but the weaknesses in the token design are already obvious. Token ≠ Ecosystem Growth. P.S. I’m actually a fan of Monad, I just don’t think it’s the play for this cycle. It probably competes with Sui and other L2s next cycle instead. Happy to change my bias if things changes