Ethereum (ETH) is the most popular altcoin in the world, with a market cap of $135 billion. The success of the decentralised blockchain platform has come as a result of its diverse ecosystem and impressive leadership. The crypto crash affected Ethereum (ETH) like many other altcoins, however, its remarkable following has sparked a huge increase in value over the weekend. Mehracki (MKI) is the new meme coin on the block. Looking to compete with Dogecoin (DOGE), Mehracki aims to make a footprint in the hospitality sector of crypto, something that has been neglected by many other blockchains.
Make money with Mehracki (MKI)
The feel-good meme coin, Mehracki (MKI), looks to separate itself from other meme coins that rely on general hype and buzz for success. Mehracki (MKI) aims to have a real-world utility that its users can take advantage of. It is built on the Solana (SOL) blockchain which is notorious for its fast transactions, with the ability to verify up to 50,000 per second.
Using memes and blockchain technology, Mehracki (MKI) looks to create a healthy and sustainable lifestyle culture for its users. It does this by encouraging its users to tour the world using blockchain technology. Mehracki (MKI) will take care of all the hassle involving conversion fees.
Incentivised adoption is often neglected by other meme coins. They tend to rely on community rallying to promote the adoption of the token. Mehracki (MKI) looks to change this by having several incentives for adoption. These include receiving rewards from business owners for holding the token or even NFTs, depending on the number of tokens you have.
Crypto experts believe that Mehracki (MKI) can compete or outperform meme coin giants like Dogecoin (DOGE) and Shiba Inu (SHIB). This is due to its real-world applications, incentivised adoption, and practical approach. Unaffected by the crypto crash, you should think about adding Mehracki (MKI) to your summer portfolio.
Ethereum (ETH) is bouncing back!
The most popular altcoin, Ethereum (ETH), was a victim of the crypto crash last week. However, the decentralised blockchain platform has seen an impressive rise in value in the past 24 hours. It has increased by 9.01% at the time of writing, according to CoinMarketCap. This trend is expected to continue, making now the perfect time to invest.
NFTs have become pivotal for cryptocurrencies since their popularity spiked in 2021. Many cryptocurrencies have seen the advantages of having NFTs accessible on their blockchain. Ethereum (ETH) is host to the most recognised NFT marketplace, OpenSea. Users can trade and mint their NFTs on the Ethereum blockchain which has increased the popularity of the platform further.
Due to its popularity, Ethereum (ETH) experiences high levels of traffic on the blockchain when verifying transactions. This often leads to transactions waiting lengthy times to process.
Ethereum 2.0 looks to solve the problem of lengthy transactions by transferring to a proof-of-stake mechanism as opposed to proof-of-work. This merge will allow Ethereum (ETH) to process transactions extremely quickly while lowering its carbon footprint by 99.95%.
Ethereum (ETH) has been the leader of altcoins since its launch in 2015. The decentralised platform gives its users a myriad of options when using their ETH tokens. Although ETH was hit hard by the crypto crash, the Ethereum community showed its resilience in the crypto market. The new meme coin Mehracki (MKI) has been a breath of fresh air for meme coin enthusiasts. Its incentivised adoption and utilitarian model mean it will most likely compete with the likes of Dogecoin (DOGE) in popularity when launched. The investment opportunity with Mehracki (MKI) is almost too good to pass up.
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