#MON High FDV and low Circulating Supply, the project party and internal investment institutions monopolize the majority of the coins, artificially restricting the Circulating Supply, leading to high prices in the early stages and price pumps, followed by years of continuous dumps, with retail investors acting as dumb buyers of garbage VC coins. The only beneficiaries are the project party and internal investors, hence it is called a scam trap of high FDV and low Circulating Supply! VC coins playing people for suckers have become an industry common problem, and we must eradicate these malpractices! The crypto world is not an ATM or harvesting machine for a few individuals, and we must eliminate them! Monad must drop to zero.
The main issue is that the project party is too ruthless and malicious. Users interacting on the Testnet are not given an Airdrop, and the project party along with investment institutions have almost monopolized the coins. They released a bit of supply but still at a high pre-sale price, with extremely low Circulating Supply, inflating the valuation, continuously dumping, while other community investors have nothing left to gain. The benefits have all been taken by this vicious project party and internal investors, leaving others as mere dumb buyers and helping them lift the burden! They should have exited early; this project is doomed to fail! Furthermore, its technology is not impressive; the Mainnet TPS is only 32.75.
Buying sei coin, after the sei public chain transforms into a pure EVM, it is expected that the ecosystem will undergo significant development after the Ether Virtual Machine in 2026.