What is MONKE (MONKE)?

By CMC AI
20 July 2025 09:00PM (UTC+0)

TLDR

MONKE is a cryptocurrency with no publicly available documentation on its purpose, technology, or team, trading at $0.00142 with extreme volatility and a 97% price drop over 30 days.

  1. No clear utility – No whitepaper, roadmap, or use case identified.

  2. Speculative trading – 24h volume of $4.59M despite a 97% price crash in 30 days.

  3. High-risk profile – Self-reported $142K market cap and 100M total supply with no vesting or burn mechanisms disclosed.

Deep Dive

1. Tokenomics & governance

  • 100M total supply – Fully circulating, with no burns, locks, or inflation controls described.
  • Concentration risk – No on-chain holder data available, raising concerns about potential whale dominance.
  • Self-reported metrics – Market cap ($142K) and circulating supply are unverified by third parties (CoinMarketCap).

2. Price performance & market context

  • -97% monthly return – Underperforms the broader crypto market (+20.45% in 30 days) and altcoin sector (+178% season index).
  • High turnover (32.34) – Signals speculative trading despite crashing prices, with $4.59M 24h volume against a $142K market cap.
  • No news catalysts – Absence of partnerships, protocol upgrades, or community events in tracked sources.

Conclusion

MONKE exemplifies high-risk speculation lacking fundamental anchors, with price action detached from market-wide bullish trends.
What evidence exists that MONKE’s trading activity reflects organic demand rather than wash trading or manipulation?

CMC AI can make mistakes. Not financial advice.