1/ $MON just dropped below its listing price. @monad
If you want to know where it is actually trading right now, check the live trading pairs here:
https://t.co/JdIh2yhjAI
See which exchanges have it listed and how liquidity is shifting in real time. #Mon#SoSoValue
Now a simple question for the crowd:
Will Binance list $MON next? Poll👇
Why is Bitcoin dropping today?
There’s been a lot of noise trying to link the move to MSCI’s DAT rules.
But pinning today’s selloff on that is just retroactive storytelling.
A price drop does not trigger forced BTC liquidation for these companies, and the proposal itself came out in October.
What actually stands out is the last few months: DAT stocks have been sliding while their mNAV keeps getting squeezed.
The premium these vehicles used to carry is being erased
and the pattern has little correlation with BTC’s own trend.
SoSoValue researchers broke this disconnect down in detail.
Join the discussion on TokenBar: 👇
https://t.co/4OBZjxEmpK
#BTC #Bitcoin #SoSoValue
Why is Bitcoin dropping today?
There’s been a lot of noise trying to link the move to MSCI’s DAT rules.
But pinning today’s selloff on that is just retroactive storytelling.
A price drop does not trigger forced BTC liquidation for these companies, and the proposal itself came out in October.
What actually stands out is the last few months: DAT stocks have been sliding while their mNAV keeps getting squeezed.
The premium these vehicles used to carry is being erased
and the pattern has little correlation with BTC’s own trend.
SoSoValue researchers broke this disconnect down in detail.
Join the discussion on TokenBar: 👇
https://t.co/4OBZjxEmpK
#BTC #Bitcoin #SoSoValue
1/ MONAD’s token sale exploded at launch… then slowed to a crawl. We’re now halfway through the sale window — and it’s nowhere near full. @monad
https://t.co/GN92Wf2zSR
What do you think happens next? 👇 Poll below
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