Monad's MON slides 7% to $0.021; $0.030 test in view amid $100M on-chain credit

MON, the native token of Monad, traded near $0.021 after a 7% daily decline, according to CoinMarketCap. On Tuesday, traders focused on a potential move toward $0.030 as volume fell about 30% and the network spotlighted $100 million of on-chain verifiable private credit alongside new institutional hires.