Monad Public Sale has raised over $90 million

BlockBeats News, November 18th, according to The Block, the public sale of the Monad (MON) token on the Coinbase platform officially started at 22:00 Beijing time yesterday. Scott Shapiro, Product Director at Coinbase, stated that approximately six hours after the start of the Monad token sale, the subscription rate reached 45%, with over $100 million worth of tokens still unallocated. Within the first half hour of the sale, nearly half of the total subscription amount was generated.

Currently, the Monad public sale has raised a total of $90.05 million, accounting for approximately 48% of the total issuance. Monad plans to raise the value of around 187 million USDC, with a highest bid of 100,000 USDC and a lowest bid of 100 USDC.