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.
Every single person in here is in it to make money just like any stock whether you love the company or not. I can admit I am a bit of a alt coin junkie with 80 different types now.
So what do you think the best and worst case scenario is with this one? Or most likely scenario ? Seems like they have some solid development despite screwing people on the dividends.