Mono Protocol has achieved a significant milestone in its crypto presale, raising over $2.95 million, building on an initial $2 million private funding round. The token is currently priced at $0.0450, with a projected launch price of $0.500, representing an estimated 1011% profit potential for early investors.
The project stands out for its focus on real-world utility in Web3 and DeFi, emphasizing cross-chain interoperability to simplify blockchain interactions. Key reasons for its success include a modular design that allows developers to build DeFi apps without heavy coding, a security-first architecture ensuring transparency, a community-driven approach with task-based rewards, and strong early funding momentum.
Upcoming developments include a Launch Beta scheduled for November, offering early access to platform features, and a CEO AMA to discuss future upgrades and partnerships. Additionally, the Reward Hub enables users to earn bonus $MONO tokens through social, referral, and presale quests, with incentives like a welcome bonus of up to 200% for active participants.
Amidst this, the broader crypto market sees Bitcoin (BTC) consolidating around $109,000 (down 3% weekly) and Ethereum (ETH) near $3,850 (down 5% weekly), highlighting a shift in investor attention toward innovative presale projects like Mono Protocol.
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