Monad, a cryptocurrency project, is under scrutiny after KOL manya criticized it for being a poor project despite raising $500 million from venture capitalists and spending four years in development. The MON token has plummeted 90% from its all-time high, sparking debate on Crypto Twitter. Some argue that price action alone doesn't define a project's quality, citing similar declines of 80-95% experienced by Solana, Avalanche, Near, Aptos, and Arbitrum post-launch. Critics also note that venture capital funding does not guarantee token performance, and hype often outpaces fundamental development.