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Reading: Monad Value Soars 30% Regardless of Pretend Switch Scare
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Blockchain

Monad Value Soars 30% Regardless of Pretend Switch Scare

Editor
Last updated: November 27, 2025 11:06 am
Editor
Published: November 27, 2025
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Monad Value Soars 30% Regardless of Pretend Switch Scare


Contents
  • Monad Value Reveals Renewed Momentum After Holding Key Assist
  • Associated Articles:

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The Monad value has soared 30% within the final 24 hours to commerce at $0.04373 as of three.50 a.m. EST on a 77% pump in buying and selling quantity to $1.32 billion

The MON value improve comes regardless of scams focusing on new customers with faux “vainness deal with” transactions that mimic actual wallets.

Scammers despatched zero-value or spoofed transfers, hoping customers copied them when sending tokens.

“Warning—there are faux ERC-20 transfers pretending to be from my pockets,” stated co-founder James Hunsaker in a submit on X. ”You possibly can see the txs usually are not despatched by me.”

warning – there are faux ERC-20 transfers pretending to be from my pocketshttps://t.co/TCZTfDfoTQ

instance:https://t.co/wA1I8RFTdQ

you possibly can see the txs usually are not despatched by me

ERC-20 is only a token interface normal, it is easy to jot down a sensible contract that meets that normal…

— James (mainnet arc) (@_jhunsaker) November 25, 2025

On EVM-based chains, attackers can create faux switch occasions and swap calls utilizing sensible contracts, making it appear like actual buying and selling regardless that no tokens moved.

Monad goals to compete with Ethereum and Solana, providing quick, EVM-compatible transactions.

Monad Value Reveals Renewed Momentum After Holding Key Assist

The MON/USDT value chart on the 3-day timeframe exhibits a market that spent many months in a powerful downtrend earlier than lastly discovering assist and attempting to maneuver upward once more.

For a interval, the worth adopted a transparent bearish curve, with sellers pushing the coin decrease and decrease. This continued till MON reached the consolidation zone between $0.015 and $0.022, the place the worth stopped falling and started to maneuver sideways. This space acted as a powerful assist as a result of patrons at all times stepped in every time the worth touched this degree.

Throughout this sideways motion, the market grew to become quiet and secure. Volatility dropped, and candles grew to become smaller, displaying that promoting stress was weakening. On the similar time, the 50-day SMA (inexperienced) and the 200-day SMA (purple) began getting nearer.

This setup creates the possibility for a possible SMA cross, which is a crucial sign that the long-term development could also be altering from bearish to bullish.

Monad price

MONUSDT Evaluation Supply: Tradingview

Not too long ago, MON broke above the highest of the consolidation zone with robust momentum. This bullish breakout exhibits that patrons have taken management and need to push the worth increased. The breakout candle is giant and clear, that means patrons entered aggressively.

If this momentum continues, MON could begin forming a brand new upward development after months of weak point.

The RSI is at the moment round 80, which exhibits robust shopping for stress. Nevertheless, this degree additionally means the market is overbought.

Overbought situations don’t at all times trigger an instantaneous reversal, however they usually result in small pullbacks so the market can calm down earlier than shifting increased once more. Merchants ought to anticipate some short-term corrections if the worth turns into too stretched.

If MON stays above the breakout zone round $0.03–$0.04, the following potential targets are $0.06 and later $0.10, primarily based on previous value conduct. Holding above the 50-day SMA can even assist this bullish view.

But when the worth drops again beneath the breakout degree, MON could return to the consolidation zone and take a look at the decrease assist at $0.015 once more. This degree stays crucial assist for the bulls.

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Reading: Monad Value Soars 30% Regardless of Pretend Switch Scare
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