Honestly, I'm usually looking for the next hot coin. Got in earlier on Antshares. I don't know if Monacoin is "it" but the signs look pretty good.
1) Great chart growth
2) 1m-3m volume on Japanese exchange https://zaif.jp/trade_mona_jpy 3) It's halving in about 15 days and Japanese have accepted it in their ATM machines w/ Bitcoin https://steemit.com/cryptocurrency/@dawidrams/mona-coin-is-halving-today-nad-jpanese-shops-are-starting-to-accept-is-as-they-did-with-bitcoin 4) http://imgur.com/a/HAXAr 5) Lots of Potential https://steemit.com/cryptocurrency/@claritypavilion/cryptos-with-potential-mona-monacoin-japanese-meme-power Being added to another Japanese Exchange soon https://bitbank.cc/blog/monacoin-will-be-added/ 6) Lightning/segwit activation https://www.reddit.com/r/Bitcoin/comments/66cukc/monacoin_activated_segwit/
7)Zaif ATMS all over Japan where Japanese can withdraw and use Bitcoin/Monacoin funds
8) Japan today removed 8% tax to use Bitcoin. That will increase Bitcoin usage and have Japan look into alt coins.
So overall, looks pretty good. I don't know if it will MOOOON right away, but it's been growing slowly and nice. And people ACTUALLY use it in it's country, as opposed to now where a lot of products are speculated.
The downside is, it's in Japan. So I don't think global adoption will occur. So it probably won't reach Ethereum market cap. However, if HOLDed, could see some nice 2x-3x gains within this year I'm hoping.