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Tin foil hat time
It’s tempting to short $MON
You have $180M+ of sell pressure from the public raise
You have sell pressure from all the airdrop recipients
You have terrible market conditions
However, the Monad team has literally had years to prepare for mainnet/TGE. I would be surprised if they don’t have something up their sleeves. More importantly, the market has already stripped away a good chunk of the froth as well.
Personally too afraid to long or short tbh
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