Wise Monkey (MONKY) isn't just another meme coin with a monkey emoji and a wild price chart. It’s a crypto project built on a simple idea: what if the ancient warning - "See No Evil, Hear No Evil, Speak No Evil" - could be turned into a smarter way to trade crypto?
Launched on December 12, 2024, on the BNB Chain as a BEP-20 token, MONKY tries to stand out by flipping the script on typical meme coins. Instead of just chasing hype, it claims to promote transparency, critical thinking, and responsible communication in crypto. That means: "See No FUD," "Hear No Rumors," and "Speak No Hype." It sounds like a slogan, but it’s meant to be the foundation of its community.
How MONKY works: Tokenomics and supply
MONKY has a fixed supply of 10 trillion tokens. That’s a huge number - but unlike Dogecoin, which has no cap, or Shiba Inu, which has multiple tokens, MONKY’s supply is locked. Every single token is accounted for in its distribution plan.
- 25% (2.5 trillion) goes to liquidity - meaning it’s locked in trading pools to help stabilize price movements.
- 35% (3.5 trillion) is reserved for FLOKI token holders as a reward - tying MONKY’s success to an existing community.
- 10% (1 trillion) is set aside for ApeCoin holders, another established project in the space.
- 10% goes to the foundation, 5% to treasury, 5% to market making, 9.5% to community growth, and 0.5% to Grafun holders.
This structure isn’t random. It’s designed to give early supporters of other projects (like FLOKI and ApeCoin) a reason to jump in. It’s not just about attracting new buyers - it’s about borrowing credibility from existing ecosystems.
Price and market performance: What’s the real value?
As of early December 2024, MONKY traded around $0.00000046. That sounds tiny - and it is. To own $10 worth of MONKY, you’d need to buy over 21 billion tokens. That’s not a typo. You need billions just to have a few dollars’ worth.
Its market cap hovered near $4,000 at launch. Compare that to Dogecoin’s $14.5 billion or Shiba Inu’s $8.7 billion. MONKY is a drop in the ocean. Even among the 1,200+ meme coins tracked by CoinGecko, it’s statistically invisible - making up just 0.00001% of the total meme coin market.
Price movements have been wild. In its first week, it dropped 15.2% over seven days. Some prediction models (from LiteFinance, TradingBeasts, Wallet Investor) suggest it might reach $0.00000070-$0.00000072 by the end of 2024. But those numbers are based on tiny price changes - a 50% jump from $0.00000046 to $0.00000070 still means you’d need over 14 billion tokens to make $10.
Technical indicators like RSI and MACD show "NaN" - meaning there’s not enough trading data to calculate them. That’s a red flag. It suggests low volume, low interest, and high risk of manipulation.
Who backs MONKY? Credibility or just branding?
MONKY isn’t a solo project. It’s backed by Ape Accelerator and the Floki ecosystem. DWF Labs, a known crypto venture firm, is listed as a Tier 2 investor. That gives it more credibility than most meme coins that pop up overnight with no team.
But here’s the catch: backing doesn’t equal safety. Many rug pulls have had “partnerships” or “investors” listed on their websites. The real test is whether the project delivers on its promises - and right now, there’s no roadmap, no whitepaper, no developer updates, and no public team.
The connection to FLOKI and ApeCoin is smart. It gives MONKY instant access to existing communities. But those communities aren’t necessarily excited about it. Reddit threads from early December 2024 were filled with skepticism: “Another rug pull?” “Why should I trust this?” “Looks like a copy-paste job.”
Why it’s risky - and why people still buy
MONKY’s biggest weakness? Liquidity. With a market cap under $4,000, it’s easy for one big trader to move the price up or down by 20% in minutes. Exchanges can delist it anytime if trading volume stays low. And if that happens, your tokens become worthless.
There’s no customer support. No help desk. No official Discord with active admins. You’re on your own. If you buy it, you’re gambling on hype, not fundamentals.
So why do people still buy it?
- Because it’s cheap - you can buy billions of tokens for a few dollars.
- Because it has a story - the "Three Wise Monkeys" idea is memorable.
- Because it’s linked to bigger names - Floki and ApeCoin give it a halo effect.
- Because crypto is full of people hoping to find the next 100x coin.
But history shows that 87% of micro-cap meme coins fail within six months. MONKY’s odds aren’t good - even with its backing.
How to buy MONKY (if you still want to)
You can’t buy MONKY on Coinbase or Binance. It’s only available on smaller exchanges like Gate.io and Bitget - and even there, it’s listed as a low-volume token.
To buy it:
- Get a wallet compatible with BNB Chain - like MetaMask or Trust Wallet.
- Buy BNB on a major exchange like Binance.
- Send BNB to your wallet.
- Go to Gate.io or Bitget and trade BNB for MONKY.
- Withdraw MONKY to your wallet for safekeeping.
But here’s the warning: never invest more than you can afford to lose. This isn’t an investment. It’s a speculative bet on a coin with no proven track record, no team, and no roadmap.
What’s next for MONKY?
No one knows. There are no announced updates. No planned features. No development milestones. The project’s website and socials are bare. It’s all marketing and zero substance - for now.
If MONKY wants to survive, it needs to do something no other meme coin has done: build real community value. That means regular updates, transparent communication, maybe even a token utility - like access to a platform, a game, or a reward system.
Right now, it’s just a symbol. A monkey emoji with a slogan. And in crypto, symbols fade fast without substance.
If you’re curious, you can buy a few tokens for fun. But treat it like buying a lottery ticket - not a stock.
