There have been many discussions about the bull market vs the bear market in the past few months. Mehracki news…
If you are not familiar with the terms, a bear market conveys falling stock prices and potentially a weak economy, whereas a bull market is when prices go up signifying the market is doing well. Recently, the 2022 crypto market has been criticised for being in a bear market with crypto prices dramatically dropping.
Many experts have mentioned that while the market is looking bearish this could be the time for many to invest at a low price, before the market skyrockets again.
What Is Mehracki (MKI)?
Mehracki (MKI) is a community-driven meme coin based on the Solana blockchain. Unlike other presale tokens, MKI is promoting a feel-good environment seeking to encourage less worrying worldwide, whilst garnering support, travel initiatives, tourism, and meme sharing.
Meme tokens are created on the presumption of a meme, joke, or theme. They are usually community-driven and rely on marketing for increased unit valuation. You can utilise the token for cheap, fast, and secure transactions while earning a 15% APY for staking, for a minimum of 30 days.
Planning to officially launch on August 22, 2022, each transaction attracts a 0.5% charge which will be used to maintain the ecosystem through staking rewards, incentivising payments with MKI, liquidity pool and rewarding developer’s contribution to the network.
The three main features of the token are transparency and trust, community-based and long-term development of the ecosystem. The price stands at $0.000056 but could potentially change after launching. Mehracki is looking like it’s on track to becoming one of the most successful new tokens out there.
Where Is Solana At?
Known as one of the biggest growing ecosystems, Solana (SOL) is one of the fastest blockchains in the world with thousands of decentralised projects, NFTs, Web 3.0, and more.
The platform’s scalability ensures transactions remain less than $0.01 for both developers and users while allowing you to integrate once and never worry about scaling again. As the network scales, ecosystem projects maintain at a single global state without having to deal with fragmented layer two systems, or shared chains which could potentially jeopardise security. The network is spread over thousands of independent nodes making your transactions very safe.
It is known to have a 400 millisecond block time speed making the network one of the quickest in the industry.
Although Solana’s price has been down, the bearish market could be the perfect opportunity for you to invest in it, so that when the market improves then your profits could be amazing.
What Does Binance Smart Chain Offer?
Similarly to Solana, Binance Smart Chain (BNB) is one of the biggest blockchains in the market. From a wide range of token swaps, decentralised money markets, and NFTs, there are many options for investors on the platform.
BNB offers a range of wallets including MetaMask, TrustWallet, and its native one Binance Chain Wallet. Once you have established which wallet you would like to put your tokens in, you get the chance to look at the most popular dApps (decentralised apps) on the Binance Smart Chain. The platform offers various features including PancakeSwap, Venus, Autofarm, and others allowing investors to either borrow, swap, or yield tokens.
BNB has seen some incredible developments throughout the years and has hit the bullish market many times in the past.
Although there is uncertainty in the market at the moment, the bear market could be the best time for you to invest in coins such as BNB, SOL, and MKI, you don’t want to miss out on the chance for a great long-term investment.
Learn more about Mehracki down below: