Monad Tops Korean Trending Searches as November 24 Unlock Looms Over Falling MON

Published November 2, 2026, 9:56 PM PKT. Based on TokenPost's November 2, 2026 report on CoinMarketCap's most-viewed rankings, CoinGecko market data updated November 2, 2026, at 16:50 UTC, Tokenomist's Monad unlock schedule, DefiLlama chain data dated November 2, 2026, and CoinStats' November 2, 2026 Monad news summary.

Monad's MON token was the most-viewed cryptocurrency among South Korean users on November 2, 2026, according to TokenPost's report on CoinMarketCap's most-viewed rankings, even as the token kept falling. TokenPost put MON at $0.01839 in its November 2 snapshot, down 6.13% in 24 hours and 14.40% in seven days, and noted that MON led a Korean top 10 that also included Cash Cat, AKEDO, Axis Robotics and Kinetiq. CoinGecko's market data, updated at 16:50 UTC on November 2, told the same story with slightly fresher numbers: MON at $0.01825, down 6.19% in 24 hours, down 17.69% in seven days and down 42.49% in 30 days, with a market capitalisation of $215.75 million at rank 157 and 24 hour trading volume of $10.94 million. The trending label, in other words, is not a rally story this time. It is a falling token drawing the most attention in one of crypto's most active retail markets, three weeks before a token unlock that could reshape its supply.

Korea's most-viewed token, falling anyway

The TokenPost snapshot, published at 13:11 UTC on November 2, draws a sharp contrast between Korean and global attention. Globally, ZIG Finance led CoinMarketCap's most-viewed rankings at $0.04158, down 0.62% in 24 hours, followed by Ethereum and AriaAI, TokenPost reported. In Korea, MON led outright, and five of Korea's top 10 tokens, MON, Kinetiq, DATA, PEARL and DOS, did not appear in the global top 100 at all. Only two tokens, AKEDO and LYN, appeared on both lists. The Korean list around MON underlines the mood: Cash Cat rose 4.80% to $0.09957, while AKEDO fell 33.59% to $0.006044, Axis Robotics fell 6.15% to $0.1240 and Kinetiq fell 14.60% to $0.4814, TokenPost reported. MABOnChain covered AKEDO's slide earlier on November 2 and Kinetiq's surge on November 1, so the Korean trending board has now produced three site stories in two days, each with a different direction. For MON specifically, the CoinGecko snapshot adds context that the rankings alone do not: only 11.825 billion of MON's 100.68 billion total supply is in circulation, about 11.7%, so the token's $1.837 billion fully diluted valuation is roughly eight and a half times its current market capitalisation. That gap is the backdrop for everything that follows.

The November 24 unlock traders are watching

Tokenomist lists Monad's next unlock for November 24, 2026, allocated to the Category Labs Treasury, and notes that most of Monad's allocations are released through cliff mechanisms, with the full schedule extending into 2050. The size of the November 24 release is where published sources disagree, and the disagreement itself is worth stating plainly. CoinStats' November 2 summary cites about 10.7 billion team tokens, roughly 90% of the current circulating supply, while also citing DefiLlama's figure of 17.105 billion MON, worth about $328.11 million at the October 31, 2026 price and equal to 144.65% of circulating supply, across team, investor and Category Labs Treasury allocations. TradingView's cited figure sits between the two, at 16.8 billion tokens. The sources appear to count different allocations, and this article does not reconcile them into a single number. But the conclusion is the same on any of the three figures: the November 24 release is enormous relative to the 11.825 billion MON now circulating, and even the smallest cited figure would nearly double the effective supply if all of it reached the market. CoinStats also notes that traders have called MON short-friendly below a $0.033 supply zone, and that the token has fallen 21.3% since October 5. That framing, not a price prediction, is the honest way to read the trending interest: attention is rising because a supply event is approaching, not because buyers have already arrived.

What Monad has running today

Monad is a high performance, EVM-compatible Layer 1 blockchain built for scalable financial applications, according to the project descriptions carried by payments and market data sources, and its chain data shows real usage beneath the token's slide. DefiLlama data dated November 2, 2026, puts Monad's total value locked at $913.94 million, with $636.49 million in stablecoins on the chain, $10.4 million in 24 hour decentralised exchange volume and $6,581 in 24 hour chain fees. The most recent confirmed product development is a payments integration: payments firm Reap announced on October 22, 2026, that it will add support for Monad, with Meru, a financial application serving users in Latin America, as the first company to launch a card programme on the integration, which runs exclusively on the Monad network, CoinStats reported. No widely reported Monad announcement falls within the last 24 hours, CoinStats added, so the Reap integration stands as the freshest confirmed development rather than a same-day catalyst. One practical note for readers checking prices: Binance lists no MON spot pair, as a check of its market data API on November 2 returned an invalid symbol for both MONUSDT and MONUSDC, so this article's price figures come from CoinGecko, with futures listings recorded on Bybit and HTX in November 2025, according to Tokenomist.

Eleven percent above the February low

The level that gives the unlock story its urgency is how little room MON has left above its floor. CoinGecko's recorded low for MON is $0.01637, set on February 5, 2026, which puts the current $0.01825 only about 11% above that low, while the token sits about 63% below its CoinGecko-recorded high of $0.04883. Technical sentiment readings point the same way: a November 2 price prediction page put MON's technical sentiment at 90% strongly bearish, with a Fear and Greed Index score of 37, in Fear territory. None of that makes the November 24 unlock a certain sell event. Unlocks release tokens to holders who may hold, stake or sell, and Tokenomist notes that Monad has historically shown only medium volatility in the seven days after past unlocks. But the combination is now fixed in the calendar: a token at the top of Korea's attention rankings, down 42% in a month, about 11% above its February low, with a release larger than its circulating supply due in 22 days. The next dated facts to watch are any Monad or Category Labs statement clarifying the November 24 allocation, the first on chain movements of unlocked tokens, and whether Korean trading volumes, which TokenPost's rankings only imply, rise into the event or fade first.

This article is news reporting and is not investment advice.

Sources

• TokenPost, ZIG leads global rankings, MON tops Korea as top 10 share just two tokens (November 2, 2026, secondary source: CoinMarketCap most-viewed rankings, MON most-viewed in Korea at $0.01839, down 6.13% in 24 hours and 14.40% in seven days, ZIG global leader at $0.04158, down 0.62%, Korea top 10 including Cash Cat at $0.09957, up 4.80%, AKEDO at $0.006044, down 33.59%, Axis Robotics at $0.1240, down 6.15%, Kinetiq at $0.4814, down 14.60%, five Korean tokens absent from the global top 100, AKEDO and LYN the only shared tokens)
• CoinGecko market data for Monad, updated November 2, 2026, at 16:50 UTC (primary source: MON $0.01825, down 6.19% in 24 hours, down 17.69% in seven days, down 42.49% in 30 days, market capitalisation $215.75 million, rank 157, fully diluted valuation $1.837 billion, 24 hour volume $10.94 million, circulating supply 11.825 billion, total supply 100.68 billion, recorded high $0.04883, recorded low $0.01637 on February 5, 2026)
• Tokenomist, Monad unlock schedule (secondary source: next unlock November 24, 2026, to Category Labs Treasury, about 11.825 billion MON unlocked at 11.83% of total supply, cliff vesting for most allocations, full schedule extending into 2050, futures listings on Bybit and HTX in November 2025)
• CoinStats, Monad news summary (November 2, 2026, secondary source: Reap integration announced October 22, 2026, Meru first card programme in Latin America running exclusively on Monad, no widely reported Monad announcement in the last 24 hours, unlock estimates of about 10.7 billion team tokens and 17.105 billion tokens across allocations per DefiLlama, TradingView figure of 16.8 billion tokens, short-friendly framing below the $0.033 zone, 21.3% fall since October 5)
• DefiLlama, Monad chain data (November 2, 2026, secondary source: total value locked $913.94 million, stablecoins $636.49 million, 24 hour decentralised exchange volume $10.4 million, 24 hour chain fees $6,581)