Cryptocurrency

STELLAR (XLM), HELIUM (HNT) AND MEHRACKI (MKI) – BULLISH COINS TO WATCH OUT FOR IN 2022

Written By : Market Trends

The Cryptocurrency market has gained a lot of attention in the global financial industry and has made it easier for people to make financial transactions.

The cryptocurrency market allows users to expand their portfolios by purchasing more than one coin. From a variety of subcategories like governance coins, utility coins, and stable coins,  users have a wide range of choices of options to purchase. Here are three coins that are set to become the most popular in the Cryptocurrency space;

STELLAR (XLM)

Stellar (XLM) is an open-sourced network for currencies and payment transactions. It is a decentralized platform for trading in all types of currencies like Bitcoin (BTC), Pesos, and many more. It was created in 2014 with the vision that all currencies of the world will work from a single source. The coin supports the exchange of money between users and countries and is accessible to the public, even those who may not have access to financial services like banking. Hence, even developing countries can benefit from this coin even if the country's banking services aren't up to par with international standards.

The platform is accessible and can be used from anywhere; people can have access to the Blockchain and begin trading immediately. In addition, the token features low fees and quick transaction time.

 HELIUM (HNT)

Helium (HNT) is a blockchain network that allows users to build reliable, affordable wireless networks. In addition, its network creates room for IoT (Internet of Things) devices that use hotspots to connect wireless devices to the network.

With its native token, HNT, the network is powered and simplified to help users secure their devices to the internet. As a result, HNT is regarded as the main blockchain for decentralized networks and IoT devices. Considering this, it could be a great option 

MEHRACKI (MKI)

Mehrachi Token (MKI) is a meme coin that powers a large utility and ecosystem. Although meme based cryptocurrency coins develop based on visual (photo and video) jokes on the internet, the coins are usually easily affected by the cryptocurrency market's value and lack real-world application. This is because the coins thrive on endorsements, excitement, and community activity.

Although one of the cryptocurrency market's significant advantages is that the space allows users to diversify their portfolios by purchasing more than one coin, many have overlooked meme coins due to their unpredictability. Still, at present, some meme coins like Mehracki have improved and become valuable digital assets.

Its native coin MKI will be used in trading on decentralized exchanges, which raises the token's value. MKI's primary goal is to help users process transactions at affordable fees, primarily focusing on the travel sector.

The token will help travel industries operate using blockchain technology, enabling the enterprises to power their hospitality. Also, travelers would be able to use the coin to pay for travel fees, hotel fees, and tours.

Due to the travel industry's many setbacks, MKI has taken hold of the opportunity and helped the sector deal with high exchange fees. Assisting users to pay for their travel needs in a single currency. Mehracki token is built under Solana and is a meme coin aiming to generate more profit for its users. The project has been empowered to bypass costly protocols, improve customer service, and give customer loyalty tokens.

The platform has a good community built to change the narrative of meme coins. With all this in mind, this could be a great option in this current bear market.

Website: mehracki.io

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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