Hayes exits Monad two days after $10 MON forecast
Hayes exits Monad two days after $10 MON forecast
Two days after a joking forecast that MON would reach $10, CryptoHayes said he fully sold his MON position and urged others to abandon the token.
Earlier remarks and initial position
A few days prior, CryptoHayes posted on X that he had bought MON largely to ride the bull market, while characterizing the project in critical terms.
«a useless L1 with a low float and an inflated FDV»
In that post he framed his purchase as motivated by market momentum rather than conviction in fundamentals, noting limited circulating supply and a high fully diluted valuation.
Full exit and call to action
In a subsequent message on X, CryptoHayes announced he had completely exited MON and called for a decisive market response to the token.
«send the token to zero»
His short series of posts moves from a half-serious price target to an outright divestment appeal, illustrating a rapid shift in his stance over a forty-eight hour period.
Context for traders
The episode reflects how social-media commentary can quickly alter sentiment around small-cap tokens, especially those with constrained circulating supply and elevated FDV metrics.