The crypto market has had a wild ride over the 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 came about because of the bear market.
This article will show you two cryptocurrencies that have immense potential amidst all this doom and gloom. These are Tezos (XTZ) and Mehracki (MKI). Tezos is a blockchain platform that can reach impressive speeds, making it a real contender for any blockchain platform. Mehracki is a community-driven feel-good token that brings utility to meme tokens.
Tezos (XTZ) will speed up with the release of Octez v13!
Tezos is an open-source Proof-of-Stake (PoS) blockchain platform capable of deploying smart contracts. The native cryptocurrency is XTZ, which is used to complete transactions on the platform. Because it is PoS, Tezos uses significantly less energy than Proof-of-Work (PoW) platforms like Bitcoin (BTC).
Formula 1 is becoming increasingly popular with the general public. It’s estimated to have 1.4 million viewers per race and that’s not the ones watching 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 extensible and energy-efficient Tezos network to create NFTs. McLaren has promised that they will bring together the most exciting driver lineups across multiple teams with the Tezos NFT partnership. It will be an immersive and unrivaled NFT fan experience!
With the Octez v13 upgrade, Tezos will hit a new performance milestone. The platform will be able to reach 1000 transactions per second! It will no doubt increase traction on the platform. However, at the time of writing, Tezos recorded a 9.31% increase in value within seven days. Has the increased traction started yet?
Transparency, community and longevity – Mehracki (MKI)
Mehracki (MKI) is a meme token built on the Solana (SOL) blockchain. As you may know, Solana is known for its blazing speeds and low fees due to its proof-of-history consensus mechanism. Solana also leverages the ability to scale without limits, which is one of Mehracki’s goals.
Once you find yourself in the Mehracki ecosystem, you will be overwhelmed by the myriad of services at your disposal. You can participate in staking and yield farming, dive into the NFT marketplace and participate in the DAO.
Mehracki plays milestones for spending and holding tokens. Once these milestones are reached, the user will be given NFTs and other lucrative rewards. The user can either sell the rare NFT profitably on the marketplace or use it as a voting weight in the DAO. The rarer the NFT, the more voting rights you have. You can even submit suggestions on 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 with the MKI token without fear of foreign exchange. Since it’s at the height of the holiday season, it might be a good idea to try Mehracki.
Currently, Mehracki is in the final month of its presale. The token can be picked up at a low price before it potentially explodes after launch. Learn more here.
Tezos (XTZ) shows a lot of potential through the third quarter. Its network of partnerships combined with its technological advances allows Tezos to climb the crypto market ladder.
However, Mehracki (MKI) brings something new to the table. It has targeted a sector neglected by the crypto market and given it a unique opportunity compared to other new tokens. It also brings utility for meme tokens. This allows Mehracki to garner the hype associated with meme tokens while still having amazing utility.
If you want to learn more about Mehracki (MKI), please visit this article: The Mehracki (MKI) ecosystem is here to compete with real-world applications ahead of coins like Dogecoin (DOGE) and Safemoon Inu (SMI).
Mehracki (MKI) links:
Pre sales: https://buy.mehracki.io/register
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