Monad Price Drops 12%: Is MON’s Breakout Already Falling Apart?
Monad dropped 12% below $0.03 following profit-taking after a late-September rally. Traders are closely watching the $0.027 support level to determine if the pullback is a correction or a trend reversal.
Monad experienced a sharp decline since mid-September, and its price dropped below $0.03 on October 6. According to CoinMarketCap, MON price was $0.029 as of the latest data, down about 11% in the past 24 hours after multiple days of declines.
Monad Crypto Price Falls 12%: What Happened to MON’s Breakout?
The recent Monad price drop has erased part of the token’s late-September gains. Historical CoinGecko data indicate that MON prices increased from $0.0240 on September 23 to $0.0337 on October 1, with declining prices after that date.
MON Drops Below $0.03 After Recent Rally
MON price today is under the key psychological level of $0.03 per token. According to CoinMarketCap, the current MON price is about $0.0289. The daily reference rate for MON on October 4 was about $0.0333.
That reversal occurred after a period of price volatility, with MON stock trading between $0.03 and $0.05. Failure to establish prices above $0.03 signals a lack of momentum in the near term but does not confirm a long-term MON downtrend.
Profit-Taking Hits MON After a 30%+ Weekly Rally
One factor explaining why is Monad price falling is profit-taking after the token’s strong previous gains. According to a CoinMarketCap article published October 5, key factors in MON’s recent sell-off include profit-taking and other effects of previous strong gains
That sequence helps explain why is MON price down now: traders had locked in large short-term profits from recent gains and were likely looking to sell during periods when the price was flat or falling.
This also helps explain why is MON crypto down despite the absence of any apparent downside-specific news about the MON token as of October 6.
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Is the Current Pullback a Correction or a Trend Reversal?
For traders asking what is happening with MON crypto, current market information suggests that the recent price action is a correction rather than a confirmed trend reversal.
Market commentaries recently explained the recent price action as a correction following an uptrend but noted risks of further declines if key support levels are breached.
MON price analysis will depend on traders’ ability to support the token price following its move below $0.03. Further declines and MON sales will support bearish arguments for the token, while a rebound above recent lows will help technical arguments for a short-term rebound.
Can MON Hold the Key $0.027 Support Level?
MON is approaching an important price level from the recent rally. MON price data as of October 6 indicates that the price was approximately $0.029, down from $0.03394 on October 3, with prior price resistance at approximately $0.027 before a breakout in late September.
That price range is common for previous MON support levels. The token’s ability to hold within or near this price range following multiple sessions of lower prices can be significant.
Why $0.027 Became the Most Important Level for MON
The importance of $0.027 stems from recent price developments. On September 29, MON was priced at or near $0.027 and rose 18.19% on September 30 to $0.03178. Media reports at the time identified the move through $0.027 as a Monad breakout above resistance, with that area subsequently becoming support.
This resistance-to-support transition puts $0.027 among the most closely watched Monad key support levels following the rally. A return to the area would effectively bring MON back toward the base of its latest breakout.
What Happens If Monad Price Falls Below $0.027?
A prolonged dip below $0.027 would negatively impact the September 30 breakout setup. Previous market data indicate that MON’s lowest price on the breakout day was $0.02649. The price for the prior day was $0.02689.
Such a decision would likely return MON’s price to its prebreakout range instead of projecting any particular downside price. Information suggests that $0.027 is a significant MON price level but not a minimum price.
The Next Support Levels to Watch for MON
Below $0.027, traders may find historical trading levels from previous late-September sessions that could provide support. Historical MON prices show that it traded at $0.025-0.026 prior to the breakout, so these levels are likely to attract interest from traders.
Other Monad price analysis should be separate from historical price information. While past price information can show areas of MON buying interest, it is not a reliable predictor of future buying interest at those prices. Market sentiment about MON is currently mixed, and CryptoSlate gives MON a neutral technical outlook.
Monad Privacy Upgrade: Can It Revive MON Price Momentum?
Privacy is listed as a possible Monad benefit, though details shared by the project don’t match the market excitement. Before an event in Singapore scheduled for October 6, Monad shared a social media post saying, “Privacy is coming,” and other ecosystem news reported that Category Labs will announce new privacy-related products at the event.
Monad privacy upgrade is coming as MON is trading at lower levels following the recent price increase. As of October 6, the price was about $0.03, the price was about 8% lower after 24 hours but 9% higher than the price a week earlier.
What Monad Revealed About Its Privacy Plans
Public information about the project is scarce. Advance reports indicate that Monad’s goals include reducing incentives for private on-chain transactions and addressing fragmentation of market liquidity due to privacy concerns that lead institutions to use private systems. Details about the technology behind Monad’s privacy features and plans for broader deployment are not publicly available.
Updates about other ecosystem research efforts offer more details, including research into technologies to help keep orders hidden in the order book until they are filled. These other efforts are not evidence about what product Monad will release.
Why the Privacy Upgrade Initially Sent MON Higher
The announcement was followed by a spike in MON price. Market data showed that MON traded more than 17% higher on October 1 from the prior day, closing the day around $0.0324, according to traders’ anticipations of the October 6 announcement.
The transaction boosted a recent MON breakout, which previously helped lift the token’s price above $0.027. Reports do not confirm that the rise in MON’s price was entirely due to the privacy announcement, so it is more accurate to describe the price increase as coinciding with increased expectations about the pending privacy announcement.
Can the New Catalyst Offset the Current Selling Pressure?
The privacy project has attracted attention, but monetization opportunities may be limited by the details of the project. Details of the project’s planned services and timeline were not fully disclosed before a project presentation on October 6, so it is unclear how widely the project’s services will be adopted or valued in the market.
At the same time, MON price has fallen from last week’s highs, and the current MON price is below last week’s high of $0.033.
MON price catalyst remains unconfirmed. More information about the product might encourage investors, but there is insufficient evidence to conclude that privacy features will help reverse the recent price decline and lead to future price increases in MON.
| Factor | Current Status | Potential MON Price Impact |
| Privacy initiative | Announced, full details pending | Potentially bullish |
| MON reaction | Rose over 17% on October 1 | Positive initial response |
| Key breakout level | MON moved above $0.027 | Strengthened short-term momentum |
| Recent price action | MON fell back below $0.033 | Selling pressure remains |
| Product details | Scope and timeline unclear | Impact remains uncertain |
| Adoption | Not yet measurable | Key factor for future momentum |
Monad’s Stablecoin Expansion Adds Another Bullish Catalyst
Monad is growing its stablecoin offering in an ecosystem where other dollar-denominated tokens are already widely used. On-chain metrics show Monad’s stablecoin market capitalization of around $711 million, a 3.5% increase in the last week, and over $1 billion in total value locked in DeFi applications.
New Monad stablecoin plans include additional regulated Singapore and U.S. dollar-denominated assets. On October 1, StraitsX announced plans to launch native XSGD and XUSD stablecoins on Monad in early 2027, pending technology and regulatory approvals.
How Stablecoins Could Increase Activity on Monad
Stablecoins offer settlement and payment liquidity benefits to users without exposing them to price risk in MON. StraitsX noted opportunities to use XSGD and XUSD stablecoins for cross-border payments and settlement and card programs on Monad. These uses of XSGD and XUSD on Monad are hypothetical at this time.
Monad currently has significant chain activity, with recent data indicating that about 5.65 million transactions and 12,800 unique addresses have interacted with Monad in the past 24 hours.
New native stablecoins on Monad could provide more payment and other financial services options for users, but adoption of new stablecoins on Monad is unknown.
StraitsX Plans XSGD and XUSD Deployment on Monad
Under the agreement, XSGD will be the first stablecoin pegged to the Singapore dollar to be issued directly on Monad. XUSD will be a stablecoin pegged to the U.S. dollar. XSGD and XUSD issuers, StraitsX companies, are licensed as Major Payment Institutions under Singapore’s Payment Services Act.
The deployment is scheduled to occur in early 2027, not right now. StraitsX claims its infrastructure processes nearly $70 billion per year in stablecoin transactions, though this is volume for the company’s overall infrastructure and not expected Monad volume.
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Does Growing Network Activity Translate Into Higher MON Demand?
Higher stablecoin adoption does not guarantee increased demand or MON price . Monad has 24-hour DEX trading volume and chain fees of $30 million and $16,600 per day, respectively, and a stablecoin market cap of over $700 million. Both numbers indicate stablecoin demand on Monad, but stablecoin demand and MON price are not directly correlated.
The StraitsX integration may increase demand for Monad crypto if the planned payment and settlement services offered through the integration gain traction with users and investors. Potential Monad crypto use cases may include increased demand for stablecoins. The StraitsX integration is a potential long-term growth opportunity but not proof that increased stablecoin demand will be sustained.
MON Faces a Major Token Unlock in November
Monad is approaching its largest scheduled supply event since launch. Vesting trackers currently show the next major MON token unlock on November 24, 2026, when approximately 16.61 billion MON are due to become unlocked.
The event is unusually large compared to the existing token supply. As of this writing, the circulating supply is about 11.83 billion MON, greater than the number of tokens to be issued in this event.
$500M+ of MON Tokens Are Scheduled for Release
At current MON market prices, the November unlock is worth over $500 million in value but will change as the value of the token changes. DeFiLlama currently estimates the value at around $495 million. Other sources have estimated the value of the cliff unlock to be over $520 million recently.
Monad November token unlock includes mostly previously vested allocations. Estimates based on vesting schedules suggest 10.7 billion MON allocated to the team, 5.3 billion to investors, and 1.07 billion to the Category Labs Treasury.
Why the November 24 Unlock Could Pressure MON Price
The main risk is the additional supply coming to the market. The November 24 token release accounts for about 16.6% to 16.8% of the total token supply across several major token vesting tools. It is a larger percentage of the total token supply than is currently in circulation.
However, an unlock is not the same as a sale in the open market. An unlock eliminates lockup provisions on tokens, but there is no information about actual sales by token holders. Monad token unlock could lead to increased supply in the market, but it does not necessarily mean the price will fall.
Can Monad Absorb the Additional Supply?
MON recently had approximately $53-55 million in daily spot-market trading volume and a market capitalization of about $342-360 million. The planned November launch is much greater than a single day’s trading volume in MON spot market and other indicators of its size.
Whether the market takes these tokens will depend on various factors, including the amount that becomes available to trade on exchanges and market interest at that time. These factors cannot be estimated using current information about MON vesting and other market activity, so it is impossible to predict the effect on MON crypto market.
| Metric | Current Estimate | Why It Matters |
| Unlock date | November 24, 2026 | Next major MON supply event |
| Tokens unlocking | 16.61B MON | Exceeds current circulating supply |
| Share of total supply | 16.6%-16.8% | Large one-time supply release |
| Team allocation | ~10.7B MON | Largest unlock allocation |
| Investor allocation | ~5.3B MON | Potential source of market supply |
| Category Labs Treasury | ~1.07B MON | Smaller scheduled allocation |
| Estimated unlock value | -405M-520M+ | Varies with MON price |
| Current circulating supply | ~11.83B MON | Smaller than scheduled unlock |
Monad Price Outlook: What Comes Next for MON?
MON is trading at around $0.029, down about 11% on the day, within a range bounded at the bottom by a recent breakout from around $0.027 and at the top by high levels seen in early October above $0.035. Available market data indicate that MON price is up about 8% from its September 29 price, even with the recent decline.
Short-term Monad price prediction depends on whether can MON recover above $0.03 or fall back to its pre-breakout price range.
Bullish Scenario: MON Reclaims $0.03 and Retests $0.037
A gain above $0.03 would return MON to its levels from the first few days of October. Highs in intraday trading on October 1 and 2 of $0.03524 and $0.03580, and $0.03549 on October 4, indicate a resistance level of $0.035-$0.036.
Technical pivot levels suggest $0.0357 as a MON resistance level. This supports other indications of resistance in that area. Breaking through to $0.037 would likely require MON to break through recent price highs. Thus, the MON price prediction of $0.037 remains a speculative scenario, not a guaranteed price level.
Bearish Scenario: MON Loses $0.027 Support
The bear case has a target price of $0.027, the previous resistance level broken during MON rally on September 30. On that day, MON opened at about $0.02686 and touched a daily low of $0.02649 before rising 18% to close at about $0.03178.
A move lower out of that region would take the price back to its original trading range before the breakout. Technical analysis also shows the $0.0277 level as a key area of deeper Monad support, suggesting the $0.027-0.028 range may be relevant to near-term Monad resistance levels and support configuration.
Why the November Unlock Could Decide MON’s Next Major Move
The November 24 supply event is a key factor, in addition to technology considerations. Records confirm 16.61 billion MON tokens will vest, or 16.6% of the total MON supply, which is higher than the current circulating supply of about 11.83 billion tokens.
The tokens are mainly issued to individuals and private investors, with a portion going to the foundation. The market value of the tokens is between $415 million and $495 million, based on live MON price movements.
This doesn’t necessarily mean that recipients will sell their tokens. However, because the upcoming supply change is so large, factors related to the November unlock are more important than usual in MON price analysis and may play a larger-than-normal role in determining MON future price.
The effect of the November unlock on MON’s price will depend on other factors, including the amount of newly unlocked MON sold into the market and MON demand.
| Scenario | Key MON Price Level | What to Watch |
| Bullish recovery | Above $0.030 | MON reclaims the key psychological level |
| Resistance test | $0.035-$0.036 | Recent highs and technical resistance |
| Bullish extension | Around $0.037 | Requires a break above recent resistance |
| Key support | $0.027-$0.028 | Important pre-breakout trading area |
| Bearish move | Below $0.027 | Return toward the pre-breakout range |
| November unlock | 16.61B MON | Potential increase in available token supply |
Is MON Crypto Still Set for a Recovery?
Recovery is possible, but there is no evidence of market recovery to date. MON’s price on October 6 is around $0.029 and has dropped by about 11% in the last 24 hours, though it is still about 8% higher than its price on September 29. The recent MON price drop followed a rally above $0.035, while a recovery above recently lost levels would improve the near-term setup.
Fundamentals may be positive for demand. The StraitsX project intends to launch XSGD and XUSD tokens on Monad in 2027, and a privacy-related development for the project provides another potential liquidity benefit.
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Information about the privacy-related program and its use within the community is scarce, and these fundamentals are not likely to increase demand for MON crypto.
The biggest risk is supply. Vesting information indicates a large unlock event on November 24. Approximately 11.83 billion MON are already unlocked.
This question about will Monad price recover involves both technical and ecosystem factors and market responses to an increased token supply. Current data suggest a possibility of Monad token price recovery but not a strong indication of a price trend reversal to the upside.
FAQ
01Why Is Monad (MON) Price Falling?
MON recently retreated following gains in late September, partly due to profit-taking. Levels below $0.03 have also been breached, potentially leaving the short-term chart picture for the token weaker.
02What Is the Most Important Support Level for MON?
The $0.027 level is key because it overlaps with the range that MON traded in before breaking out. Further declines through $0.027 could cause traders to focus on support at 0.025-0.026.
03What Could Help MON Price Recover?
A price recovery of more than $0.03 and increased demand would help near-term market conditions. Future developments in privacy features and stablecoins could provide long-term opportunities based on increased Monad network usage.
04When Is the Next Major MON Token Unlock?
A large unlock of 16.61 billion MON is expected on November 24, 2026. The price effects of this unlock will depend on how many of these MON are released and sold.
05Could MON Retest $0.037?
A price increase to $0.037 could be a bullish outcome if the coin first rises above $0.03 and its previous resistance levels of $0.035-$0.036. The $0.037 price level is an example of a potential technical outcome, not a guaranteed price level.
