Can these Altcoins continue to dominate the crypto market: Ethereum, Shiba Inu and Mehracki
Cryptocurrency has grown in popularity worldwide. With more and more users trooping in to join the bandwagon, it is only a matter of time before crypto completely dominates the world in all aspects. Getting to know and invest in the best cryptos around wouldn’t be a bad idea. To that end, we’ve compiled a list of some of the most dominant altcoins out there, as well as a promising new one. These include Ethereum (ETH), Shiba Inu (SHIB) and newcomer Mehracki (MKI).
Altcoin Leader Ethereum (ETH)
Ethereum (ETH) remains the undisputed king of altcoins in the world. This is definitely why it gets called out for all sorts of reasons, both positive and negative.
It is important to note that this crypto king did not just become successful overnight. It was able to get to this great position today after starting small with clear plans of what it had in mind. One of these plans was to create a powerful blockchain technology that all other cryptos could access.
Of course, Ethereum (ETH) was used by many coins that decided to make it their blockchain of choice, which in turn increased the value of Ethereum (ETH).
Shiba Inu (SHIB) – Can It Take Over Dogecoin?
Shiba Inu (SHIB) penetrated the crypto world as a meme coin, intending to emulate the success of Dogecoin (DOGE) at the time. The developers were able to see success beyond their wildest dreams in a short period of time.
Shiba Inu (SHIB) as a top crypto has been able to overcome rumors and laughter aimed at bringing it down. The project has also influenced the mass production of many meme coins, which had the idea to reach its successful height. Unfortunately, most of them have failed miserably because they did not take into account some reasons for Shiba Inus (SHIB) success.
The influence of some powerful crypto gurus as well as a unique use case is what helped this giant to soar to great heights in a short period of time. Shiba Inu (SHIB) continues to rise in value, and investors are urged to get in before the bulls arrive.
A new king about to emerge? Mehracki (MKI)
Mehracki (MKI) is entering the cryptocurrency world with the aim of dominating it soon. The community driven meme coin has huge use cases which can be seen from the white paper. After seeing how many meme coins have been scrutinized due to their somewhat lack of real world applications, use cases and the utility of their tokens, Mehracki (MKI) developers have created a project that fulfills all of these needs.
Mehracki (MKI) has ensured that the token has immense utility as it aims to verify and authenticate transactions in the ecosystem. The token will therefore act as a unified exchange of value between large hospitality companies (Mehracki’s industry) and their customers.
It is not a new thing that most meme coins do not stimulate their token adoption. They simply rely on their community to spread and promote them. Mehracki (MKI) aims to create many incentives for their token adoption, including gamifying some milestones.
Holders of Mehracki (MKI) tokens do not need to exchange them for any other token before they can pay for goods and services. This will be made possible due to Mehracki (MKI) partnerships with large hospitality centers as well as DeFi compatible NFTs. To this end, holders will always be in control without having to worry about fees for exchanging or using other currencies.
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