People are speculating that once MCO goes live on Binance, the price will start to drop bcos of dump shit.
But little did they knew that Binance is the 1st ever China Exchange that will accept MCO's trading.
Plus it is being listed there due to numerous request from the China users.
PRC people can't easily invest their money on the foreign exchanges .
Thus, they will only focus on their own country's exchange due to withdrawal & deposit issue.
No doubt that this will shoot up the price to at least 0.01 by 24th August.
Demand > Supply
Total win !!
Exactly. What rajravind said.
It was a good run, wished i got in earlier.
But like OAX, this will drop like a brick when it comes on Binance, no news, only temporary hype so this will probably go back to 8$.
Long term, if they keep there word, and actually come up with the working card this will surely boom, but until than,..
I doubt it will drop much ! People will buy back in and it will consolidate. In the long run this is a 2.4 billion mkt cap coin (3 to 9 months) especially with the Chinese market. In the short term or the next few weeks, we're looking at a 400 million mkt cap like TenX. I see this coin at $125 in the short term. $250 mid to long term.
I completely agree with you commenter.
Hype on Binance will generate hype on Bittrex. As soon as Binance generates 100% profit in 1 day Bittrex users will get it to 200% and Binance users will get it to 300% and so on. It will be market supporting market. ETH Monaco market supporting BTC Monaco market on both exchangers.
Take a look at bittrex BTC volume of over 100,000 and ETH volume of over 100,000. It's going to be crazy!
I noticed that Monaco isn't on Poliniex yet ! That would bring huge trade volume. It looks like it's consolidating at the moment. I think it's a buy if it can be picked up between .0027-.0029. I wouldn't play with I would just buy it between .0027-.0029 and hold. Yes it looks like a good trade buying at .0027-.0029 and selling around .00345 but there is a risk of chasing on the way up it continues the uptrend which is highly likely bieng the Crypto markets are gaining steam daily and MCO hasn't passed TENX yet. This coin is still super cheap in comparison to TENX.