Monad (MON crypto), which many believed was a highly anticipated presale taking place on Coinbase, has struggled to sell out its allocation, with over $180 million worth of tokens still available for purchase. The lack of appetite for Monad has spooked whales, and they are now eyeing another new presale to buy in November.

With MON presale tokens struggling to sell via the Coinbase presale, Bitcoin Hyper (HYPER) is quickly emerging as the top ICO play, having already secured nearly $28M in funding, with $30M looking increasingly certain with each passing day.

Monad Presale Struggling: Is MON Still a Blue-Chip Buy?

Monad is a brand-new Layer 1 blockchain fully compatible with the Ethereum Virtual Machine (EVM). It aims to solve scalability issues by using parallel and asynchronous execution, targeting 10,000 transactions per second (TPS) with low latency.

The platform enables developers to migrate existing Ethereum decentralized applications (dApps) with no code changes, a key, innovative feature. The native token, MON, will be used for gas fees and to secure the network through staking.

Taking place on Coinbase, the first presale on the US-based exchange, the team announced that they will sell 7.5% of the total supply, which equates to 100Bn MON tokens. It is priced at $0.025 per token, with a minimum allocation of $100 and a maximum allocation of $100,000. 100% of the tokens will be unlocked at the token generation event (TGE).

The MON presale operates on a “Filling up from the bottom” basis, which means that smaller participants (those who contributed less) receive their allocations first, before larger ones.

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Dumping MON Tokens Could Affect Future Coinbase Presale Allocations

Unlocked tokens at TGE will be 49.4%, with 38.5% allocated to Ecosystem Development. It’s unlikely these tokens will be dumped. Therefore, the circulating supply for normal investors is 10.9%, which could prove crucial for Monad.

This is the first Coinbase presale, but many more, such as BASE and FAR, are likely to follow and will be modeled after the MON presale, with long-term holders being rewarded with larger future allocations.

For those who dump their MON tokens, future allocations may be smaller, which could prove costly, given that a BASE token presale would be one of the most highly anticipated launches in crypto history.

However, despite all this, the Monad presale is currently struggling, likely due to bearish price action and market uncertainty.

One presale that isn’t struggling right now is Bitcoin Hyper (HYPER), which has raised nearly $28M and is quickly becoming the top new presale to buy in November.

Is Bitcoin Hyper (HYPER) a Better Pick than Monad as the Best New Presale to Buy in November?

While Monad is struggling to sell out its presale, even with the support of a juggernaut in Coinbase, Bitcoin Hyper (HYPER) is going strong, with over $27.8M in ICO funding, and the end is in sight before the HYPER TGE.

The Bitcoin Hyper team is building the first-ever Layer 2 protocol for the BTC core layer, aiming to bring DeFi, AI, NFTs, GameFi, and more to the world’s most valuable digital asset.

To achieve this, HYPER is utilizing ZK rollup technology and the Solana Virtual Machine (SVM), which will enable lightning-fast transactions at a fraction of a penny, addressing two key roadblocks that have hindered Bitcoin’s expansion of utility over the years.

Especially when compared to the overly saturated Ethereum Layer-2 space, with its handful of protocols worth over $1Bn vying for the same market share, while HYPER is alone in its lofty goals of bringing a fully functioning Layer-2 to Bitcoin.

Head to the Bitcoin Hyper website to follow the whales and join the presale. You can purchase using ETH, USDT, BNB, or even a credit card.

For the latest updates on all things HYPER, join the community on Telegram and X.

Visit HYPER Here

EXPLORE: Best Meme Coin ICOs to Invest in 2026

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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