The development prospects of the MONACO coin project will be good. Currently, the prices are relatively low and investors can buy it on a bargain basis.
Actually, the price is still high considering they have no working product yet. But once they start releasing card I think the price will go much higher.
It's the traders and the investors are dictating the price of MONACO.
You are right, the price is still high considering some of the altcoins decrease their volume and the price are down more than 10 times of the all time high.