Cryptocurrencies are on the rise and more people are investing in them every day. If you’re looking to invest in a new cryptocurrency, Mehracki (MKI), Waves (WAVES), and Cardano (ADA) are three coins that can attract your attention. These coins have unique features that make them worth investing in, which this article will explore.
The Meme Token – Mehracki (MKI)
Mehracki (MKI) is a token project that embraces the meme culture. The distinctness of Mehracki comes from its promotion as a payment tool in physical areas. We can say that physical adoption is to gain validity in travel, hospitality centers, and tourism areas. Mehracki’s management team offers many rewards programs for mass adoption of the token. The platform sees tourism and hotel management as its target audience.
The sole purpose of the MKI creators is to make the token one of the accepted payment instruments in all tourism and hospitality businesses. Considering the research made today, the tourism sector dominates 10% of the world economy. Mehracki (MKI) has ingenious ideas to eliminate payment difficulties and inadequacies in this area. The most important of these ideas are branding and strategic partnerships. There are launch plans for branding in the second quarter of 2022. For strategic partnerships, one-on-one work with hotel businesses is envisaged.
Wherever you go in the world today, you can see that the first meme project, Dogecoin (DOGE), is accepted as a means of payment in many businesses. Mehracki (MKI), on the other hand, aims to extend the usage area of the MKI token beyond what all other meme projects have accepted. Various awards are also given for the development of the ecosystem and functionality of the idea mechanism. This platform, whose adoption of the DAO management system is considered absolute, plans to become an area where developers and management teams leave the platform and all management to users.
The Multi-Purpose Blockchain – Waves (WAVES)
Waves (WAVES) is a successful, recognised and scalable blockchain platform. Wave company has its wallet called Wave Wallet. Waves use the Waves-NG on-chain solution, which aims to solve the scalability problem of blockchains based on the LPoS protocol. Waves want to surpass Bitcoin’s transaction speed by using the “Proof of Work” (PoW) consensus algorithm Waves-NG. The infrastructure section consists of a set of tools, test environments, APIs, and SDKs, which are extremely powerful to speed up and facilitate the processes of users and developers. The developers make extraordinary efforts to ensure that participants understand the platform effectively.
The amount of WAVES tokens was limited, as the usefulness of the token increased over time. The maximum limit was lifted in 2019, and decision-making fell into the hands of network participants. WAVES should not be seen as just a means of payment, as it also provides access to all the services of the platform of the same name. It hit an all-time high of $41.33 in May 2021. Fast forward a year later in May 2022, it ranked 98th among cryptocurrencies with a price of $ 0.82. If you are looking for a crypto coin that is a multi-purpose blockchain platform which supports various use cases, WAVES may be worth your investment.
The Proof of Stake Blockchain – Cardano (ADA)
Cardano (ADA) is a decentralised public blockchain cryptocurrency project that is fully open source. It is a blockchain network that is well known for using proof-of-stake (PoS) – a mechanism that allows validators to lock up a certain amount of crypto coins in a blockchain. This is an efficient method in comparison to proof of work, which is a more energy-intensive algorithm.
The ADA coin is the native cryptocurrency of the Cardano blockchain. In October 2017, ADA had a market capitalization of $600 million. ADA trades on cryptocurrency exchanges under the ticker symbol “ADA” and as of February 2018, it was the ninth-largest cryptocurrency by market capitalisation. Cardano has been actively traded since October 1, 2017. The price of one Cardano (ADA) token was $0.02 at launch and rose to $1 by January 2018, an increase of 5,000%. In early 2018 Bitcoin Magazine announced they were launching a Japanese edition of the magazine on the Cardano (ADA) blockchain.
While all of these coins have the potential to do well in the market, Mehracki (MKI) seems to be a particularly strong investment option at this time. Do your research before investing, but it may be worth considering adding Mehracki (MKI) to your portfolio. Waves (WAVES) and Cardano (ADA) are also worth watching, as they could potentially see significant growth soon.
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