So glad that I entered in MONA on time, as some of you predicted, now we are really almost hitting the $20 mark in the short term. I really didnt expect it this fast, but cant complain, Im really happy with my investment in MONA! What are your predictions for 2018?
All investors rushed to BTC to get free tokens from the hard forks due to happen this month.
Once it's done, I expect people will switch back to MONA.
Yeah seems like it, its scary to see how fast MONA pulled back again, seems like this recent pump some kind of P&D. I am now kicking myself for not selling at $18 and buying back now. But who could have known that the price will retrace this much and this fast.
Hopefully we will come back to the previous levels (and reach new heights) as soon as those Bitcoin forks are over.
Agree, nothing more than simple profit taking and moving funds around to take advantage of forks. This coin is coming back to $20 plus ( IMO this week). Since this is a store of value coin not depending upon events to happen there will be a flow back into MONA for another leg up. The only downside from here would be Japan banning crypto currency and that's not going to happen. Its just the opposite, the whole country is full steam ahead with Monacoin.
All targets were hit in the first two months of this campaign with 1000 yen ( $8.90 USD) being a main goal as retailers think of it as a $10 bill. The response has been so good from consumers not only has 2000 yen been hit but expected to be the next store of value level. Monacoin IMO is Asia's LTC to BTC and was the first coin to use Segwit, keeping that in mind and how LTC is doing this is by far my top long term hold for 2018.
best of luck !!