Over Half of Monad Airdrop Tokens Sold, Impacting Market Stability

A significant portion of Monad’s airdropped tokens has been sold following the launch of its mainnet. This rapid liquidity injection has led to a notable impact on market prices, affecting the token’s stability. PANews reported that over half of wallets allocated in the airdrop have already chosen to sell or transfer their tokens, signifying strong early liquidity and selling pressure. This large-scale sale is typical for airdrops, particularly impacting Monad’s token prices as its network gains early adoption and attracts substantial market activity.