Those who were selling under emotions now what they have left to say or do except to buy less now with same amount of money. Monaco is still more advanced and advantageous than many projects running in the same field. In this market patience is the only key to get out with profit else you just loose.
Now Monaco tokens hold those who believe in the project and those who bought too expensive. They'll be lucky if in the near future will not appear a new competitor, otherwise they'll have to hold it a very long time.
There is almost a dozen of competitors around and the number will keep increasing. If they don't address the asset contract real soon they will lose a very significant amount of market share in the long run.
In this situation it is not clear why the price of the token may start to grow. Maybe due to the general growth of the market of altcoins. Even to 10 dollars grow will be very difficult. But everyone wants a lot more.
We can now actually see that MonaCo was one of the alts that had the weakest pump after SegWit2x was called off, and now it's one of the coins with the biggest dump.
Pretty clear that everybody who actually knows how to invest has lost faith in MCO after the initial announcement of how the asset contract will be canned with no proper replacement.
Even backpedaling on the ridiculous claim that it's mathematically pointless didn't seem to help restore faith much.
Leave it to the shills to keep spamming every channel with the usual empty baseless paroles though.
show the charts where its pumped much more less then average alt rise and dumped more than others, mr. BILLIONAIRE