{"id":68365,"date":"2026-02-17T18:50:35","date_gmt":"2026-02-17T18:50:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance\/"},"modified":"2026-02-17T18:50:35","modified_gmt":"2026-02-17T18:50:35","slug":"monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance\/","title":{"rendered":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Monad price moved within the $0.020 and $0.23 range on Tuesday.<\/li>\n<li>The layer 1 project eyes traction as $100 million in private credit becomes verifiable on-chain.<\/li>\n<li>MON price could retest resistance at $0.030.<\/li>\n<\/ul>\n<p>Monad\u2019s native token, MON, was trading near $0.021 after falling about 7% over the past 24 hours.<\/p>\n<p>Data from CoinMarketCap showed the decline followed renewed profit-taking after prices revisited the $0.025 level.<\/p>\n<p>Continued weakness in Bitcoin and other major altcoins could add further pressure on MON in the near term.<\/p>\n<p>However, some analysts see potential for a rebound as Monad positions itself as a platform for institutional-grade decentralised finance.<\/p>\n<p>Recent developments include a network milestone that enables $100 million in private credit to be fully verifiable on-chain, as well as leadership changes at the Monad Foundation, which have renewed interest in the project\u2019s longer-term prospects.<\/p>\n<h2>Monad\u2019s growth amid Valos $100 million private credit launch<\/h2>\n<p>Monad\u2019s public mainnet went live in November 2025, with the team unveiling a token sale on Coinbase.<\/p>\n<p>In the few months since, the L1 project has seen nearly $480 million in stablecoin market cap, and DeFiLlama shows total value locked (TVL) currently sits at over $250 million.<\/p>\n<p>Growth along these metrics suggests the native MON token could benefit as adoption ramps up.<\/p>\n<p>On Tuesday, Valos <a href=\"https:\/\/x.com\/monad\/status\/2023765603975393578\" target=\"_blank\" rel=\"noopener\">announced<\/a> the launch of a $100 million private\u2011credit vault on Accountable\u2019s Yield App.<\/p>\n<p>Notably, the private credit is now fully verifiable on\u2011chain via Monad. On-chain private credit effectively bridges traditional finance and DeFi, adding to adoption potential.<\/p>\n<p>In parallel, the Monad Foundation has strengthened its institutional\u2011facing leadership by appointing three senior executives.<\/p>\n<p>Urvit Goel joins from the Optimism Foundation as VP of go-to market, Joanita Titan assumes the role of head of institutional growth from FalconX, and Sagar Sarbhai, formerly of BVNK, is the new head of institutions for Asia\u2011Pacific.<\/p>\n<p>The hires target institutional investors of the L1, which in turn could support higher demand for MON within an expanding ecosystem.<\/p>\n<h2>Monad price forecast<\/h2>\n<p>At the time of writing, MON trades in the $0.020-$0.023 range, with daily trading volume down 30% to suggest seller dominance is waning.<\/p>\n<figure id=\"attachment_361608\" aria-describedby=\"caption-attachment-361608\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361608\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/MON_7D_graph_coinmarketcap.png\" alt=\"Monad Price Chart\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-361608\" class=\"wp-caption-text\">Monad price chart by CoinMarketCap<\/figcaption><\/figure>\n<p>From a short\u2011term perspective, protocol adoption and shifts in macro conditions could help bulls hold $0.020 as they target a breakout to $0.030.<\/p>\n<p>This outlook has been helped by the bounce from all-time lows of $0.016 in early February.<\/p>\n<p>If momentum flips bullish, the all-time high near $0.05 will be a fresh short-term target.<\/p>\n<p>On the downside, negative sentiment around new layer 1 tokens could scuttle bulls\u2019 ambitions.<\/p>\n<p>That outlook has hindered ZetaChain, Berachain, and Aster in recent weeks. Monad\u2019s token could thus revisit lows of $0.016-$0.010 as support levels.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Monad price moved within the $0.020 and $0.23 range on Tuesday. The layer 1 project eyes traction as $100 million in private credit becomes verifiable on-chain. MON price could retest resistance at $0.030. Monad\u2019s native token, MON, was trading near $0.021 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68365"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68365"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68366"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}