The price of Monaco has plummeted for two reasons. There is the obvious reason which is bitcoin of course. Then there is the not so obvious reason. It seems that Monaco investors are concerned that it could be a scam coin.
@pamm99, Very undervalued, fundamentally this is the most solid up and coming Visa token, and the ONLY one that Visa has directly acknowledged. They took a hit with changing their contract to remain in compliance with security regulation which will poise them to succeed long term where the competitors are pumping hype. In 6 months Monaco may be last man standing with a crypto Visa outside the EU market. Short term if they get their app out and some live cards in Singapore the floor will be 10-12 with some highs above 15.