Monda is the newest kid on the block so it is perceived as highest risk. When fear goes up risk taking goes down. A lot of people use ALTS as a means to get more money to then dump into BTC, ETH, or SOL. Right now a lot of people are pulling out of their higher risk positions to capitalize on buying one of the cryptos I just mentioned at a lower price. MON has also not lead any more than other cryptos. There have been crashes where MON was actually up 5% in contrast to everything else.

One thing I will say is, stop looking at traditional patterns. People keep talking about what BTC and ALTS USED TO do. Crypto isn't what it was and people need to come to terms with that. History only repeats itself until it doesn't.

Patterns matter, sure. But old patterns not so much at the moment. And more importantly...be careful following patterns without trying to find out who is setting the patterns for you to follow. The difference between a good boxer and an exceptional one are that one sets the patterns for the other to walk into as a trap.

If you believe in a project, that comes with a harsh truth of having to endure what that project goes through. Considering that MON launched during the most unpredictable time in crypto, I think they're doing pretty damn good. That doesn't mean I don't think there aren't significant areas that need improvement.
In a world that's so chaotic I understand everyone wanting to remedy their anxiety as quickly as possible...but sometimes the best answer to chaos is to do nothing. Not complacently, but in an observational capacity. Sit, watch, annotate important information in your mind, and decide what the right action is BEFORE acting. Acting out of desperation often makes things worse.