19h ago
Probably the biggest L I’ve taken in crypto
Not in terms of $ — but in commitment
During Wormhole’s TGE, Monad received a substantial allocation: roughly 8,000 tokens each to about 1,000 Nads, totaling $10–20M in value at that time
The purple network made up of Pike (rugged), Pyth, Monad, and Wormhole was heavily promoted and hyped (tweets deleted now?)
W is now down ~95%, and the only reason most people didn’t sell at -70% was the expectation of a Monad airdrop for staked W
No airdrop now
$15K → $1K
Disclaimer: I’m still grateful for the Wormhole airdrop. It was one of my bigger ones (sold ~75%) but there’s definitely a bitter aftertaste after all this
54.66K
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