What is Wrapped Monad?

Wrapped Monad (WMON) is an altcoin currently ranked 434th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.0277, Wrapped Monad carries a market capitalization of $2.73M. Daily trading volume across exchanges sits at roughly $4.20M. That works out to a 24-hour turnover of about 153.64% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, Wrapped Monad has moved -5.86%; over the past week, Wrapped Monad has moved -5.73%.

Cycle position

Wrapped Monad is currently trading well below its all-time high (all-time high of $0.0487, -43.1% from peak). .

Supply & dilution

The circulating supply stands at 171,475,456 WMON. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Wrapped Monad in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities.

How to evaluate Wrapped Monad

A balanced read on WMON typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is WMON performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Wrapped Monad (WMON) is a token that represents a wrapped version of the Monad cryptocurrency, allowing for increased interoperability and utility within decentralized finance ecosystems. It enables users to utilize Monad's value across multiple platforms without compromising security or integrity. Source: CoinPaprika.com