--- title: "Monad (MON) price and news" language: en canonical: "https://whycoinmoves.com/en/coins/monad" --- # Monad (MON) price and news Sampled market data; prices and returns do not verify news or establish causation. - Price: $0.01686; 24h: -9.83% - Market source / sampled at (UTC): Gate · USDT / Nov 3, 2026, 07:13 - Events received in 30 days: 0 ## What may be driving the move The market-wide decline is the clearest explanation, while the coin fell much more than Bitcoin and most tracked coins. A reported exchange security breach may have added broader market concern. The release of Monad tokens was also reported, but its timing and connection to this fall are unclear. - trigger · medium: Bitcoin and all three tracked coins fell over the measured 24 hours. Reports of a Mercado Bitcoin security breach were published Nov 2, 16:46 UTC, 19:05 UTC and 20:19 UTC; this may have added to wider market pressure. Evidence gap: The coin fell much more than Bitcoin, and the reports do not establish that the breach caused the wider market decline or this coin’s fall. Sources: [S5](), [S11](), [S12](), [S13]() - trigger · low: A report published Nov 2, 04:48 UTC said Monad had a token release scheduled for November. Anticipation of additional supply could have weighed on the price. Evidence gap: The report gives no exact release time, and the available information does not establish that the release occurred during the fall or caused selling. Sources: [S10]() Open question: It is unknown whether the reported token release or exchange breach materially contributed to the move; the available evidence does not establish when the fall began. Analysis generated: 2026-11-03T04:07:18.000Z; evidence window: 2026-11-02T04:06:57.000Z → 2026-11-03T04:06:57.000Z. ## Why is Monad down 9.8% today? Normal short-term fluctuation 5m: +0.30%; Few comparable core coins moved as far in the same direction; Gate · USDT; Nov 3, 2026, 07:13 UTC. - Versus Bitcoin: -10.13% / BTC -2.19% - Versus the past month: 1 of the past 24 days fell further; -10.13% in the 24 hours to Nov 3, 2026, 06:00 UTC, 4.4× a typical day (2.3%). - 30-day range: 39.1% below the high · 0.2% above the low; From hourly highs and lows on the same venue - Other tracked coins: 12 of 31 others also fell 3.4% or more; 4 rose that much - 24h volume: 0.8×; of its prior 30-day daily average - Where it traded: LBank 16% · Bybit 15% · Uniswap V4 (Monad) 14%; includes on-chain pools - Perpetual swap: funding near zero · open interest falling; OKX perpetual swap MON-USDT-SWAP Figures run to Nov 3, 2026, 06:00 UTC (OKX · USDT hourly candles). ## Other notable moves today - [THORChain (RUNE) +11.60%]() · Nov 3, 2026, 07:00 UTC - [Zcash (ZEC) -10.77%]() · Nov 3, 2026, 07:00 UTC - [NEAR Protocol (NEAR) -8.59%]() · Nov 3, 2026, 07:00 UTC - [Stellar (XLM) -3.85%]() · Nov 3, 2026, 07:00 UTC ## Prior 30-day hourly baseline - Coverage: 99.9% (719/720) - Median absolute hourly return: +0.56% - 99th percentile of absolute hourly returns: +3.72% - BTC beta: 2.00 - Source / cutoff (UTC): OKX · USDT / Nov 3, 2026, 07:14 Hourly statistics cannot be compared directly with minute moves. Missing or stale baselines are not estimated. ## Recent publication-ready events and observed returns Returns start after site detection. Each linked event records its actual sampled intervals, venue, quote currency and news sources. Missing windows remain unavailable; publisher coverage is not independent verification. | Event | Evidence | 5m | 1h | 24h | 5m difference from BTC | | --- | --- | --- | --- | --- | --- | [Complete paginated archive]() [Methods and limitations]()