Monad co-founder responds to Arthur Hayes' criticism: Sending you some MON for a personal experience

Monad co-founder Keone Hon responded to "Arthur Hayes saying Monad may plummet 99%," saying that he highly respects everything you have done for this industry, and I have seen you mention Monad many times in the past few days. Although I believe some of the comments may be taken out of context, I thought you might be interested in learning what makes Monad different and why it's more than just "another L1." Monad has adopted a lot of innovation and the team is highly motivated. The ecosystem has just begun, but a large number of young, extremely hungry builders are developing new applications.

If you want to get some $MON to experience the network yourself, let me know and I'd be happy to send you some. Thanks again for your great contribution to the industry, see you on-chain!

According to previous reports, Arthur Hayes said in an interview that Monad ($MON) is "another VC coin with high FDV (fully diluted valuation) and low circulation." This token structure itself puts retail investors at great risk and may plummet 99%. There is usually an early pump, followed by a brutal sell-off after insider tokens are unlocked. It will become another "bear chain." Arthur Hayes believes that most new Layer-1 networks will eventually fail, and only a very few will survive in the long run.

[BlockBeats]