Good afternoon, dear readers! We continue a small cycle of articles about various coins.
MONACO — a project offering the issuance of VISA crypto-currency cards, which will be tied to the wallets in which bitcoin, Ethereum, etc. are stored.
Description of the project is very beautiful. In our opinion, the project that is the first to launch VISA work cards tied to crypto-currency wallets will blow up the market.
Thus, the idea of developers is very, very promising. But since the ICO, the company has not released a working product to the market. There is information about some test number of cards, pre-orders, etc, but we have not yet seen any actual examples of use. If one of the readers has such a card, we will gladly read his review of it.
The events around this coin in August-September 2017, which are well illustrated in the graph above, are very encouraging and alarming at the same time.
In August, representatives of the company made a number of loud statements that they practically agreed with the VISA company and the cards will soon go to mass production. This information injection has raised the value of coins more than 16 times in a few days. But at the subsequent press conference at the end of August, the company’s founders did not give any specifics and even apologized for premature mentioning of VISA, which naturally provoked the same sharp drop in value.
What was that? UNCLEAR. On the one hand, of course it’s like simply manipulating a news background in order to raise the coin and sell it to a gullible crowd at the peak.
But on the other hand, from VISA company there were no any big denials of cooperation. On the contrary, as RBC writes on its website: “At the same time, the Visa agency (Bloomberg) clarified that the option of concluding such an agreement with Monaco is still being considered.”
If this is still true, then the coin has a tremendous growth potential.
At the moment we have this coin in the waiting list, we are looking at it. First of all, we are interested in detailed information about those who stand behind this coin, as well as any mentioning of this project directly from the VISA company.
In any case, it is highly likely that the coin will be included in the portfolio. Only its share in the portfolio will depend on the news background and available information. The exception will be facts confirming that this is 100% scam, but so far it have not been found.
We advise you to look at all coins that promise cooperation with VISA. Of course, one or two project will shoot, but then this coin will multiply its value hundreds of times. After all, only rumors alone could raise the price by 16 times !!!
The cycle of articles will continue. Suggest the coins in the comments to review. Express your vision for coins — we are also interested in your opinion.
