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Between 2016 and 2018, the number of cryptocurrencies surged to over 1,500 from just 69 and currently there are more than 5,000 active tokens. The jump marks how fast-evolving blockchain technology has catalysed the financial services and financial ecosystem in the recent past. Moreover, the popularity of cryptocurrencies hit an all-time high after 2020 as the Covid-19 pandemic drove digital adoption.
Today, traders have the choice of selecting from a wide array of options, be it a regular cryptocurrency, non-fungible tokens (NFTs) or a meme coin, and earn impressive returns. In fact, it is being seen as one of the most promising options in the new normal.
If you are new to the world of cryptocurrencies and are not sure how to go about it, you can start with some of the top-performing digital assets like Mehracki (MKI), Shiba Inu (SHIB), and Flow (FLOW). Here's a look at some of their key features.
The platform has its own native token, MKI, that can be used for staking and all other transactional purposes a user might encounter on the platform. The MKI Token is available for purchase on presale. You might have heard about crypto prices going down and dragging the value of several meme coins along with them. To avoid such price fluctuations, Mehracki has in place an efficient deflationary mechanism wherein tokens are regularly burned to keep their supply scarce.
Mehracki (MKI) is a decentralised meme coin that seeks to bust the myth that meme-inspired cryptocurrencies are prone to price fluctuations as their market capitalisation depends on their popularity on social media. The blockchain-based system partners with tourist centres and hospitality businesses and enables tourists to pay at these spots with MKI Tokens.
With the payment feature, Mehracki's partners as well as its users don't have to maintain a reserve of foreign exchange or pay any conversion fees. Also, the platform gamifies user experiences and rewards for participation. These rewards depend on the merchant the tokens have been purchased from, the amount spent in buying them and a user's active referrals. With each level of participation, users will earn exclusive rewards and discounts.
The Mehracki platform also charges a transaction fee of 0.5% that is used inside the ecosystem to distribute staking rewards, maintain the liquidity pool, reward users for participation and developers for their efforts in continuously ramping up the platform.
Shiba Inu is among the most popular coins that were developed during the peak of the meme revolution that took the world by storm a few years back. The platform has a native token SHIB that can be used for staking and all other transactional purposes.
The SHIB Token holders can also buy, sell and trade cryptocurrencies on the platform. It has a decentralised ecosystem that has over 58,500 community members across the world.
The SHIB token can be purchased on ShibaSwap, UniSwap and a limited number of cryptocurrency exchanges, the full list of which is available on the meme coin's website.
Flow is an open-source and decentralised platform that enables users to trade and swap cryptocurrencies and NFTs. It also enables developers to build creative, efficient, and agile dApps that sport high throughput. It has its own native token, FLOW, that can be used for all transactional purposes. Recently, Flow announced that it achieved many new milestones in June in terms of community building, scalability and accessibility.
The number of wallet holders on the Flow ecosystem recently hit an all-time monthly high. The number of daily transacting users also reached an all-time high on Flow in the month of June. Also, the number of total transactions recorded in a month also clocked a new high.
If you are interested in knowing more about the Mehracki (MKI) and the project platform, click on these links below:
Presale: presale.mehracki.io/register
Website: mehracki.io
Telegram: https://t.me/Mehracki_Official
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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.
