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8 Under The Radar Cryptos That Could EXPLODE In 2024Tech startup Monad Labs, founded by the former team from traditional finance (TradFi) giant Jump Trading, raised $19 million in seed funding. Monad Labs released technical documents for its upcoming proof-of-stake blockchain, which detail that its native token will be called mon. Monad is an ultra-performant smart contract platform that scales Ethereum by x through parallelized execution and superscalar pipelining of the Ethereum.