Monaco Announce New Additions In Wake Of Market Cap Spike

Is Monaco the next big alt-coin to watch, is this Monaco growth set to continue? Probably questions we are all asking right now. Recently, we saw the market cap of Monaco take a huge jump up, actually breaching it’s highest ever recorded figure. Just before we get into the nitty gritty, at the time of writing, Monaco is currently valued at $12.99 and is up 0.17%. It has an overall market cap of $205,136,596. At present, Monaco is sitting at around half of its highest recorded value ($24.00) which actually occurred prior to the cryptocurrency boom at the start of 2018, instead, Monaco peaked in August 2017. The market cap spike which occurred a few days back saw the market cap of Monaco jump from $115,731,127 right up to $253,919,001, pretty significant all in all. According to a press release on PrNewsWire.com:

“Monaco, the pioneering payments and cryptocurrency platform, today announced a series of new appointments to its senior management team, with Jason Lau as Chief Information Security Officer, Eric Anziani as Senior Vice President of Group Strategy, and Maggie Ng as Senior Vice President, Head of Marketing.”

Kris Marszalek, the CEO of Monaco has said:

"The additions of Jason, Eric, and Maggie to our management team bring valuable expertise and skills that will help drive our vision of putting cryptocurrency in every wallet. In the short time they've been with our team we have experienced great progress, and I know they'll be instrumental in advancing Monaco's innovative products and services."

These additions to the team bring with them a wealth of expertise that promise to boost Monaco towards their ultimate goals, that are, the production and maintenance of a single cryptocurrency wallet and integrated visa card, combining both crypto and fiat currencies. As it stands, Monaco are in a great position. The markets are open and promising and the new team hope to really push the message of this currency into that. It is vital that Monaco latch on to any new surges that take place over the next few months. As its market cap continues to grow at such a high rate, more and more people will start to notice this currency and thus, in theory its value will climb too. If you’re interested in the introduction of the new team members specifically, each has a small profile as part of the press release, check it out for yourself, here- https://www.prnewswire.com/news-releases/monaco-adds-three-key-members-to-senior-management-team-680650961.html Featured Image Original Source: Pixabay