Have had a very small amount of these I bought a while ago. I just decided to buy 2K worth seeing the ATH was 4X where it is now and the fact they have a VISA Card now. Isnt that a pretty big deal to have a card you can use anywhere? I would think price would really surge after such an announcement.
It would've surged if they didn't can the asset contract, which was the only reason a lot of investors joined in the first place.
Still think this has any legs ? Saw a recent pump. Seems like hitting 2X would be pretty doable if not more over time.
Probably. Most people don't care about honesty or good products in crypto. If MonaCo was a company on the stock market it would plummet into the ground after its announcement of dropping dividends without even trying to find a replacement until investors complained about it. But in crypto it will probably go back up soon, because people don't even know what they are buying. They see big names like "VISA" and think they'll get rich if they buy it. Complete and utter lunacy if you ask me.
Doesn't matter anyway bcos the MCO still be converted into fiat before being used as a legal tender.
The way u r posting is like saying MCO token is useless.
Perhaps you should go thru their twitter again on the uses of the MCO tokens other than to reserve the cards.
Once the company started to lock in the tokens, then, the price will surge slowly which will happen soon.
Ur hatred towards the company decision on abandoning their initial plan ain't gonna influence anybody's decision, homie.