Mehracki (MKI) is a new cryptocurrency that can be purchased through presale. Along with, ApeCoin (APE) and VeChain (VET), the Mehracki Token could be a good investment instrument. The MKI Token has strong utility and should solve current payment issues in the hospitality and tourism sector.
These three cryptocurrencies have the potential to moon in the future and could provide astronomical gains for your portfolio. In this article, we will discuss the use cases and planned updates of these three coins in the future. It will help you to plan your purchases and find out whether these are good investment instruments for the long term.
ApeCoin introduces lock facility for gaining rewards
Users will be able to earn more ApeCoin in return for locking their tokens. This measure helps in removing coins from circulation and is generally considered a good sign for any cryptocurrency.
APE Token was launched by Yuga Labs, the company behind the BYAC NFT collection soon managed to reach a value of $3.8 billion and doesn’t seem to be slowing down anytime soon. Elon Musk changed his profile picture on Twitter last week to a BYAC collection which resulted in a brief spike for the APE Token.
It has managed to build on the hype generated through the BYAC NFTs and has plans to introduce a metaverse known as Otherside which will provide various monetization options for its users.
Mehracki is built for processing fast transactions
Mehracki is a community powered meme token which has been built on Solana in order to process transactions at a lower cost than traditional fiat currencies. The MKI Token is available through its presale and will help the hospitality and tourism industry in processing transactions for the customers quickly at the click of a button.
Users will be able to use the MKI Token to pay for various services such as booking of hotels, availing of attractive discounts, and building up points and rewards. The MKI Token is a community-driven coin and will be governed in a democratic manner. All token holders will be able to control the platform by sending in various proposals for changes in the operation of the platform. Some of these measures will proposals like adding and removing liquidity pools, yield farming, taxes on transactions, and donations for tourist attractions.
In addition, feel-good NFTs will be gifted to MKI holders which will be a representation of their milestone benefits and status. These NFTs will be available in the market place that is scheduled to be released at a later date. Given its multiple utility options, the MKI token could be a potentially good investment instrument for the long term.
VeChain backed SafeSwap launches with cross-chain support
SafeSwap, the flagship project of Safe Havenio built on Vechain has finally launched. It will allow projects to be bridged easily across various networks. SafeSwap will function as the bridge that connects multiple blockchain communities, through dynamic decentralized swaps. The advantage of using SafeSwap is that it automatically reverts failed transactions without charging any fees.
The VET Token has seen increased adoption as various sub-projects deployed on its chain come are introducing major updates. The VET Token also helps in generating VeThor which is used as gas in the VeChain ecosystem. So users can make use of free transactions by generating gas passively by holding VET in their wallets.
Seasoned cryptocurrency investors are quick to spot new opportunities that can yield great returns in the long term. Mehracki is one such new cryptocurrency that could reward its holders with huge returns provided you can manage to accumulate huge quantities at low prices.
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