MON faces short-term pressure and weak sentiment. In the short term, the effectiveness of the 0.02500–0.03000 USDT support zone should be monitored. If it fails, there might be further downside risks. Whale holdings remain stable, providing implicit support for bottom building. In the medium to long term, the project team and ecosystem iteration are progressing, supporting the fundamental growth logic. Strategy advice: Control positions in the short term, watch for stabilization signals in key support areas, accumulate on dips for mid- to long-term value holding, and initially focus on resistance in the 0.03000–0.03500 USDT range on the upside.

Since April 24, MON price has declined from 0.03068 USDT to 0.02701 USDT on April 29, accompanied by a significant increase in daily trading volume, reflecting short-term profit-taking by market funds. Meanwhile, the project’s official social media account was suspended without warning, intensifying market panic and leading to rapid exits by bulls. As a result, short-term sentiment is noticeably weak.

Monad (MON) price dropped about 5% on April 24 due to profit-taking and capital rotation into Bitcoin, trading near $0.03099 with a market cap of $366.5 million. Despite a 24% gain over the past 30 days, the token faces bearish pressure after failing to break resistance between $0.035 and $0.041. Technical indicators show a short-term bearish trend, but ongoing protocol updates and partnerships signal long-term growth amid cautious market sentiment following a related DeFi security breach.

Monad (MON) Price Nears $0.0309 Amid Profit Taking

X suspended Monad’s official account without explanation, causing its native coin $MON to drop about 9% to $0.029 in 24 hours, despite a 29% gain over the past month. Monad, a layer 1 blockchain by former Jump Trading engineers, follows a pattern of crypto account suspensions on X, which previously targeted Solana ecosystem accounts. Monad launched its mainnet in November 2025, backed by $225 million funding.

X suspends Monad’s account, MON drops

On-chain data shows that well-known large addresses continue to hold tens of millions of MON, and despite increasing positions in other assets, they have not significantly reduced their MON holdings. This indicates that major institutional investors have a strong willingness to support within the current price range. Such stable whale holdings help form bottom support during pullbacks, preventing disorderly declines.

According to Lookonchain, the largest on-chain ASTER long address 0x1527 is currently long on CHIP while also holding long positions in MON and TAO. The total positions include 24.93 million ASTER ($16.72 million), 36.18 million CHIP ($3.43 million), 81.55 million MON ($2.52 million), and 9,026 TAO ($2.22 million), totaling approximately $24.89 million.

The largest on-chain ASTER long address is also long on tokens such as CHIP, with a total position of $24.89 million.

The largest on-chain ASTER whale "0x1527" has started accumulating CHIP, currently holding 36.18 million CHIP valued at approximately $3.43 million. The whale's total portfolio includes 24.93 million ASTER (~$16.72 million), 81.55 million MON (~$2.52 million), and 9,026 TAO (~$2.22 million), with a total value exceeding $28 million.

The largest on-chain ASTER bull whale has started positioning in CHIP, with a position value of approximately $3.43 million.

From the daily chart, MON has broken below the 20-day moving average over the past month and is now approaching the key support area of 0.02500–0.03000 USDT. This area has seen multiple buying attempts. Whether MON can stabilize here in the short term will determine if it can regain the 0.03000–0.03500 USDT resistance zone. If lost, a deeper bottom may be tested; otherwise, a technical rebound is likely.

Despite short-term impacts from sentiment and events, the project team continues to steadily advance protocol iterations and ecosystem collaborations. The team has a strong background and continues to receive external funding support. In the medium to long term, these base infrastructure and partnership efforts will gradually unlock value, maintaining the project’s competitiveness and growth potential in the Layer1 sector.

Moneybyte

Reminder: Please pay special attention to the following (all times are in Beijing time).

Morgan Stanley: Expects the Federal Reserve to keep interest rates unchanged in 2026 and cut rates in 2027.

Bitcoin Slips to $75K as Federal Reserve Holds Rates, Dimming Warsh “Pivot Party” Hopes

SoSo Macro | Powell Remains Governor, Three Fed Voters Oppose Rate Cuts; Big Tech Cloud Revenue Growth Accelerates

CITIC Securities: The Market Guidance Role of the Federal Reserve Chairman's Speech Declines

The Federal Reserve's next interest rate cut may be delayed until the fourth quarter.

The Federal Reserve maintained interest rates as expected, with internal divisions reaching the highest level since 1992.

Wall Street Breakfast | April 30, 2026.

Bank of England set to hold rates as Iran war clouds outlook

Gold held losses after the US Federal Reserve kept interest rates steady and said the war in Iran was clouding the economic outlook.

Bybit-ge

Live chart for Moneybyte to USD conversion. Check out MON to USD prices in real time. Convert, buy, sell, and trade Moneybyte on Bybit-ge.

Moneybyte Price: MON Live Price Today | MON Market Cap &amp; Chart Analysis | Bybit-ge

current_price

price_change_24h

high_24h

low_24h

volume_24h

market_cap

circulating_supply

max_supply

ath_price

atl_price

MON price today is 0.06, with a live price change of 0.00 in the last 24 hours. Convert, buy, sell and trade MON on Bybit-ge.

Track Moneybyte live price, market cap, 24-hour trading range, and real-time chart data on Bybit-ge.

Moneybyte Price

Price Statistics

Moneybyte News

Price History (USD)

Moneybyte Resources

Moneybyte Price

Price Statistics

Moneybyte News

Price History (USD)

Moneybyte Resources

Scan to Download App

Follow Us on Social Media