Arthur Hayes responds to Monad co-founder: Unlock all tokens now, you will definitely succeed

On November 30, Arthur Hayes and Monad co-founder Keone Hon engaged in a verbal battle over "Monad being a high FDV, low circulation VC coin." In response to Keone Hon's invitation for Arthur Hayes to experience the Monad mainnet, Arthur Hayes responded again, saying, "Unlock all the tokens now, and you will be completely different from all the so-called Ethereum killers before. I bet you will definitely succeed."

Previously reported, Arthur Hayes stated in an interview that Monad ($MON) is "another high FDV (fully diluted valuation), low-circulation VC coin." This type of token structure inherently exposes retail investors to huge risks and may plummet by 99.00%. 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]