Arthur Hayes: 99% bearish on Monad, it is a high-risk VC coin.

Foresight News reports that Cointelegraph stated that Arthur Hayes referred to the Monad Token model as “high FDV, low Circulating Supply,” which essentially is a structure dominated by VCs and early investors, posing extremely high risks. This issuance structure often accompanies a brief pump due to hype and extremely low Liquidity in the early stages, but once the internal Tokens are unlocked, the selling pressure will suddenly explode, turning it into another “bear chain.” Hayes stated that although he had a small involvement in MON previously, he is now “99% bearish” on the project, bluntly saying, “Send this dogshit to ZERO!” He also clearly pointed out that most emerging L1 projects, except for a few foundational chains (like Bitcoin, Ethereum, Solana, Zcash), struggle to survive, including Monad.