The crypto market has been through a wild ride these past few years. The market boomed in 2021, reaching a whopping $3 trillion. However, that has become a distant memory for many crypto enthusiasts as it now sits at $1.07 trillion. This sharp decline materialised because of the bear market.
This article will show you two cryptocurrencies that have immense potential among all of this doom and gloom. They are Tezos (XTZ) and Mehracki (MKI). Tezos is a blockchain platform capable of impressive speeds, making it a valid competitor to any blockchain platform. Mehracki is a community-driven feel-good token bringing utility to meme tokens.
Tezos is a Proof-of-Stake (PoS) open-source blockchain platform that can deploy smart contracts. The native cryptocurrency is XTZ which is used to complete transactions on the platform. Due to it being PoS, Tezos uses significantly less energy than Proof-of-Work (PoW) platforms like Bitcoin (BTC).
Formula 1 is becoming increasingly popular among the general public. It is estimated that it has 1.4 million viewers per race, and that’s not counting the ones that are at the race! McLaren, one of the most decorated teams in Formula 1, has signed a multi-year partnership with Tezos.
The partnership is not limited to Formula 1, Tezos will also sponsor McLaren IndyCar and eSports. McLaren will use the upgradable and energy-efficient Tezos network to create NFTs. McLaren has promised that with the Tezos NFT partnership, they will bring the most exciting driver line-ups across multiple teams. It will be an engaging and unrivalled NFT fan experience!
With the Octez v13 upgrade, Tezos will reach a new performance milestone. The platform will be capable of hitting 1000 transactions per second! It will undoubtedly increase traction on the platform. However, Tezos recorded a 9.31% increase in value in seven days at the time of writing. Has the increased traction already begun?
Mehracki (MKI) is a meme token built on the Solana (SOL) blockchain. As you may know, Solana is known for its tremendous speeds and low fees due to its Proof-of-History consensus mechanism. Solana also harnesses the power to scale limitlessly, which is one of Mehracki’s goals.
Once you find yourself in the Mehracki ecosystem, you will be engulfed by the myriad of services available to you. You can take part in staking and yield farming, immerse yourself in the NFT marketplace, and get involved in the DAO.
Mehracki gamifies milestones for spending and holding tokens. Once these milestones are hit, NFTs and other lucrative rewards are given to the user. The user can either sell the rare NFT on the marketplace for profit or use it as voting weight in the DAO. The rarer the NFT the more voting power you have. You can even submit proposals to the platform for the community to vote on!
Mehracki focuses on the tourism and hospitality industry. With its immense network of partnerships, users can pay for goods and services using the MKI token without fear of foreign exchange. With it being at the height of the holiday season, it might be a good idea to give Mehracki a go.
Currently, Mehracki is in the last month of its presale. The token can be picked up for a low price before it potentially explodes after launch. Find out more here.
Tezos (XTZ) shows a lot of potential through Q3. Its network of partnerships combined with its advancements in technology allows Tezos to climb up the crypto market ladder.
However, Mehracki (MKI) brings something new to the table. It has targeted a sector that is neglected by the crypto market, giving it a unique opportunity compared to other new tokens. It also brings utility to meme tokens. This way, Mehracki can obtain the hype associated with meme tokens while having amazing utility.
If you want to find out more about Mehracki (MKI), please visit this article: The Mehracki (MKI) Ecosystem Is Here To Rival Real-Life Applications Ahead Of Coins Like Dogecoin (DOGE) And Safemoon Inu (SMI)
Mehracki (MKI) Links:
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