If you’ve been observing the cryptocurrency market for some time now, you’ll find that established cryptocurrencies with a reasonable degree of stability and the potential for dominance often attract more investors. Coins like Solana, Cardano, and, more recently, Mehracki (MKI) tokens have shown such potential. It’s for that reason that we think they’re worth your time.
Solana (SOL) is a leading cryptocurrency with over $33 billion in market value. It is a decentralized blockchain designed to power the creation of dApps and decentralized marketplaces. It was founded by Anatoly Yakovenko in 2017, and ever since, Solana (SOL) has consistently hovered around the top spot among leading cryptocurrencies in the world for the following reasons.
Solana (SOL) boasts ultra speed, transaction throughput, and product utility that continues to endear and attract its demographic. This is due to its delicious pairing of proof-of-stake and proof-of-history. As such, Solana (SOL) is considered the world’s fastest blockchain, processing transactions up to 50,000 per second.
This is also why it is regarded as the Ethereum (ETH) killer. It has doubled down on Ethereum’s unique utility; to stimulate the development of dApps and marketplaces, but this time via faster transactions and more scalable infrastructure. Recently, Solana surpassed Ethereum (ETH) in trading volume when, during a 24-hour trading span, its NFT secondary market sales generated nearly $24.3 million, while Ethereum (ETH) sales made $24 million during the same span across all its marketplaces.
As of the time of writing, the value of SOL is $44.71, according to CoinMarketCap.
Cardano (ADA) is a leading cryptocurrency with a market cap of over $17 billion. It is regarded as the next-generation evolution of Ethereum. It’s easy to see why. It’s flexible, scalable, and a sustainable blockchain designed to run smart contracts and power the creation of dApps, p2E games, NFTs, and last but not least – new tokens.
The Cardano (ADA) network is essentially an open-source software for designers and inventors, explaining why it has continually maintained a secure, scalable, and efficient system. ADA tokens are limited to 45 billion tokens, and they’re regarded as a great choice for a source of passive income if you’d like to bypass the current inflation.
On 29th May, Cardano’s ecosystem witnessed significant traction as the price broke through $0.5 resistance when over 5,000 NFTs were minted on the network, bringing it to a 24-hour trading volume of $9.57 billion. Cardano’s native token, ADA, surged by more than 12% as it traded above the $0.51 mark, now selling at $0.60 per ADA.
Mehracki ($MKI) is a community-driven, feel-good meme token built on the Solana network with the purpose to create feel-good moments and activities for people worldwide via Cryptocurrencies. Mehracki coda is harmonizing the elements of soul, creativity, and a love for whatever it is you do. Proudly displayed on their Whitepaper, Mehracki states it is driven to become one of the frontrunners for the revolution of the meme coin sector. Taking an interest in sponsoring activities and causes aimed at making our world a better place.
The Mehracki team observed the need to boost the experiences of the crypto community by integrating real-life use cases to invoke a stronger curiosity about crypto while keeping it fun. Mehracki’s real-life application aims to offer cheap, fast, and borderless transactions with such industries aimed at making us feel good. These include travel, hospitality, and tourism. As such, the goal for the long term is to make Mehracki (MKI) a ecosystem that features a utility token, feel-good NFTs, DAO, staking and yield farming, and a marketplace where tourism and hospitality businesses will form the focal point of the crypto experience
With $MKI, users can feel good and worry less with the official utility token of the Mehracki ecosystem as its use cases are clear and concise. Aside from its use for feel-good moments, the token is beautifully designed to verify and authenticate transactions made within the Mehracki platform. Payments with $MKI will be gamified with several rewards at different levels to incentivize the use of the token. Using novel games as a means to reward for the amount spent, particular merchants as well as active referrals.
As each user progresses to the next level within the system, they get to enjoy a jambalaya of rewards and discounts on services. This is a wholesome experience at an affordable cost for every user and their loved ones.
It’s important to note that using Mehracki (MKI) will not be entirely free, as transactions will come at a 0.5% charge. This will go back into the expansion and maintenance of its ecosystem through staking rewards, liquidity pool, incentivizing payments with $MKI, and rewarding developers’ contributions to the Mehracki network.
Follow the links below for more information on the presale: