Crypto.com, the pioneering payments and cryptocurrency platform, seeks to accelerate the world’s transition to cryptocurrency. On July 6th, 2018, Monaco announced a rebrand to CRYPTO.com and its consumer services (including MCO Visa Card and MCO Wallet App) have been rebranded as MCO. MCO is redefining how money is being moved, spent and invested. It has a market cap of $115 million, a circulating supply of 15.7 million and has traded over $67.3 million in the past 24 hours according to CryptoSlate.com.
MCO/BTC broke out of a symmetrical triangle formation today and is looking to retest its April high near 0.0099200. A close above 0.00082950 is a strong indication of this possibility. A potential stop could be placed below the support at 0.00077300.
No. 1 Commodity Stock to Buy in 2020
Hint: It’s not silver, platinum or any other precious metal. It’s not aluminum, nickel, iron ore or lithium, either.
But without it, we couldn’t make airplanes, automobiles, batteries, boats, cosmetics, computers, surgical tools or smartphones.
Yet this metal could soon experience the greatest supply crunch in history … which could launch its price to levels never seen before.