I would like to read your thoughts on the possible development of MCO coin price in the following situation:
Bitcoin and total marketcap goes sideways for months..let's say that total crypto mcap is in the 400-450 B range as it is now.. (although I believe the market will start to grow significantly from March, but take stagnation as assumption for this story)
MCO launches app and cards according to schedule, or perhaps with maximum 1 month delay for Europe after Asia got cards on time...
many people lock their tockens to get cards..and MCO is considered the best and most legal compliant card.. nr. 1. in the market, although the competition will be fierce..
but if the whole market goes sideways... What could be the price of MCO in 4 months?
this is elaborated staff:
http://www.mco.life/#/supply-and-demandbut not including FOMO, Monaco invest, Monaco credit...
My opinion is that Monaco could steal some share of market from other (less succesful) cards and some exchanges..(even Coinbase for fiat to crypto exchange)..
and that within the same market cap it could make x4 ... due to low marketcap now (rank 140 at coinmarketcap.com at the moment at only $100,838,486 USD). That would bring it to rank 45-50 on coinmarketcap.com and the price of MCO to cca 30 USD.