⌘ Apriori: What Happened Behind the Scenes
[click to read better]
When I heard about what happened with
@aPriori, I decided to collect some data and today, I finally finished the analysis.
You can find the links to the .csv and .xlsx files in the comment section.
In this analysis, I reviewed the top 200 holders of
$APR and their on-chain activity.
Here’s what we can understand from the data:
- Almost all of these wallets were created 18–19 days ago (between 2025-10-05 and 2025-10-06).
- Nearly all of them have no on-chain activity other than
$APR tokens.
- Some wallets made trades on
@naddotfun, where the memecoins they traded show very similar chart patterns.
❗️To me, this suggests that the Apriori team opened
nad.fun and made a few token purchases just to make the transaction lists of certain wallets look more active.
- Almost all of the top 200
$APR holders have no NFT activity.
❗️None of them hold 1M NADS, Cipher Games P.O.G., or any testnet NFTs. This is a major red flag, considering Monad has a vibrant NFT ecosystem.
- Only Three wallets were seem like a real user.
I highlighted these wallets with green color in the .xlsx file. Here are these wallets
1. 0x0A114a08938D0EFA353edD70DAbEe4b61539Ab62
- Active since 107 days ago, 187 Trxs, has NFT trades
2. 0xfb0522AC77CF4080AA021BeAB120092dd5d1cEf2
- Active since 247 days ago, 347 Trxs, has NFT trades
3. 0xFd1e5BDc31EcF8069d797Bde25284b9301b520c7
- Active since 207 days ago, 7824 Trxs, has NFT trades
Putting all of this together, it becomes clear that all those top wallets, which were also eligible for the airdrop, belonged to the team.
Forget about the airdrop itself; this level of betrayal and dishonesty toward their own community, and even more so toward the Monad community, is truly disgusting.
This chain has been in development for almost three years, and right as it’s preparing for its mainnet launch, a native ecosystem project chose to do this, to both its own supporters and the broader Monad.
I don’t know what kind of perks Apriori has received, but first and foremost, if they are part of the Monad Momentum program, their submission should be terminated immediately.