Monad Raises 24 Million in ICO Exceeding Expectations Aloud

Monad exceeds pre-ICO cap of $18 million by raising $24 million in its token sale. The project's Ethereum-based DEX has seen some traction, with over $1 billion traded on the platform. However, a recent EIP-7702 upgrade caused disruptions and decreased liquidity. This may be due to lack of adoption or hype deflation following initial ICO excitement. Investors are reevaluating their bets as the market cools down.