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Travis Teo
23 Aug 2020
Head of Business Development at Tokenize Xchange
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MCO token is limited to 31m supply and currently around 50% are in circulation.
MCO token is mainly for the use of crypto.com debit visa card which already achieved 2m users.
The next 2m users may hodler the remaining 50% supply.
What next?
To meet the ever increasing userbase of crypto.com the next 2m will likely push up the price to higher and sustainable level in the future due to scacity and reducing MCO in circulation/Supply.
crypto.com is targetting 100m users in the next 5years but MCO tokens supply will still remains at 31m coins!
In the long term, MCO tokens will pays off more dearly than CRO, which is only 17% in circulation.
20 Jun 2020
MCO price $4.80 (up 2% only in 3mths)
CRO $0.116 (already up 200% in 3mths)
With current prices, I deemed
MCO as a low risk investment with hugh potential.
CRO as a high risk investment with low upside left.
In investment, the easier way to make money is to buy low and sell high (think MCO).
Sure some could buy high and sell higher price (think CRO) ie. Follow the Wind.
Dydd.
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MCO is gone now due to the swap. CRO is the only token left in their ecosystem