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The public sale fundraising amount of Monad has exceeded 90 million USD.
On November 18, according to The Block, the public sale of the Monad (MON) token on the CEX platform officially started at 10 PM Beijing time yesterday. Scott Shapiro, the CEX product director, stated that approximately six hours after the public sale began, the subscription rate reached 45%, with over 100 million dollars' worth of tokens still unsubscribed. Notably, nearly half of the subscription amount was generated within the first half hour of the sale. Currently, the amount raised in the Monad public sale has reached 90.05 million USD, accounting for about 48% of the total issuance. Monad plans to raise approximately 187 million USDC, with a maximum bid of 100,000 USDC and a minimum bid of 100 USDC.