If you are an experienced cryptocurrency trader, you are aware of the market’s volatility. One day, your portfolio may be up 50%, but it may be down 50% the next day.
Significant price declines are typical, but they do not necessarily signal a project’s failure. FTX Token (FTX) and Chainlink (LINK) are two prime examples.
Meanwhile, a new meme token is poised to disrupt the cryptocurrency market with Mehracki’s (MKI) presale soon to be accessible on the project’s website.
Let’s investigate these cryptocurrencies in further depth and determine which one may be the most popular meme currency at this time next year.
FTX Token (FTT)
The FTT Token is the primary token inside the FTX ecosystem, one of the foremost centralised exchanges. In addition, the FTX ecosystem has acquired the Japanese cryptocurrency exchange Liquid, expanding its portfolio.
FTT Token holders are entitled to a 60% trading fee reduction on the FTX platform. FTT token holders get free airdrops in addition to receiving free airdrops.
The FTX Token (FTT) has had a substantial price gain in the past, and it can be accumulated in expectation of a future rally.
Chainlink (LINK) brings blockchains together
Chainlink (LINK) is a network that provides off-blockchain data sources to on-blockchain smart contracts through oracles.
A blockchain oracle is any application that provides data from an off-chain source to a smart contract or connects it to an off-chain network.
Chainlink (LINK) enables blockchains to connect securely with external data and systems through a decentralised oracle network.
This delivers the crucial off-chain data that smart contracts need to become the predominant form of digital agreement.
Chainlink (LINK) significantly enhances the functionality of smart contracts by giving them access to real-world data and off-chain information while preserving blockchain technology’s dependability and security standards.
Mehracki (MKI) is more than a meme coin
Mehracki (MKI) is a meme token that utilises the Solana (SOL) blockchain. It was designed to assist investors in generating new revenue sources and promoting virtual events and activities worldwide.
Real-world applications developed by Mehracki emphasise inexpensive, speedy, and borderless transactions with a concentration on hospitality and tourism.
As a result of the global travel ban imposed by the coronavirus pandemic, the tourist sector experienced a severe impact.
However, with the introduction of vaccinations and the coronavirus being controlled globally, the hotel and resort business is starting to see a recovery, and the MKI Token might profit from such a rebirth as summer approaches.
The Mehracki Token might be utilised as a payment token for the hotel and tourist business; hotel operators could take direct payments from consumers and give enticing new incentives in the form of NFTs, such as discount coupons, loyalty points and personalised user experiences.
MKI Token holders will be able to receive prizes in the form of NFTs, which will offer users benefits according to the number of tokens owned.
Users will also be able to earn voting power since the Mehracki community will be managed by a decentralised autonomous organisation (DAO).
The purchase of MKI Tokens would also let users generate extra cash via staking and yield farming.
The value and rarity of Mehracki NFTs sold on the market will be decided by the amount of money spent and the number of loyalty points earned by the user.
Cryptocurrencies have gone a long way and provided investors with exceptional rewards.
While FTX Token (FTT) and Chainlink (LINK) may have already had their golden age, Mehracki (MKI) could be a sound investment.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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