Diversify Your Portfolio With These Three Cryptocurrencies: Mehracki (MKI), Dogecoin (DOGE) & Polygon (MATIC)

Place/Date: – June 30th, 2022 at 2:03 pm UTC · 3 min read
Source: Mehracki

As a result of the current market and different cryptocurrencies experiencing a dip, analysts and crypto experts cannot predict exactly when the market will rise again. Judging from previous years when the market goes through a bear run, you can almost expect things to rise again within the following year. Diversifying your portfolio could be beneficial in the long term with new projects being created often, meme coins like Mehracki (MKI)  and Dogecoin (DOGE) are two coins that new buyers could closely monitor. Another great alternative could be Polygon (MATIC) as it has managed to bring good returns for many of its buyers.

Worry Less and Feel Good with Mehracki (MKI)

The Mehracki meme coin is aiming to change how the crypto world sees meme tokens. Mehracki wants to compete with meme coin greats Dogecoin by differentiating itself from what a typical meme coin is.

The MKI token will be used to verify and authenticate the transactions made within our platform. To promote the usage of the token, payments made with MKI tokens will be gamified with many awards at different stages.

The hospitality and tourism sectors suffered during the pandemic, as a lot of countries and major cities were not allowing internationals into their country. Now with certain parts of the world opening up to tourists, this works in the favour of Mehracki as there will be an increase in transaction value, meaning the demand for the MKI token should hopefully increase, which will ultimately raise the unit valuation.

Dogecoin (DOGE) – The Father of All Meme Coins

Dogecoin (DOGE) was created in 2013, at the time this was seen as a breath of fresh air in comparison to the different coins and tokens that already existed on the crypto market. Dogecoin is the oldest standing meme coin and could be the sole cause of the crypto meme culture. The coin was created as a joke but attracted a lot of attention in its early stages, with over 1 million people around the world visiting its website just after it was launched.

Dogecoin is a decentralised Peer-to-Peer open-source digital currency, the network has easy functional desktop wallets that can be downloaded from the Dogecoin main website. Users on the network can send coins to other users with a DOGE address, for relatively cheap transaction fees. Since the network was forked from Litecoin, blocks are created every 1 minute, and this allows transactions to run quickly.

The Great Polygon (MATIC)

Polygon is a scaling solution supported by Coinbase and Binance, aiming to improve the speed and reduce the cost and complexities of transactions on blockchain networks, particularly that of Ethereum.

Polygon revolves around Ethereum, a platform that is home to a range of decentralised applications, virtual realms, games, art, and a wide range of financial services and products. However, Ethereum has a lot of limitations in terms of scalability.

Furthermore, due to a large amount of network usage, congestion is caused within the Ethereum blockchain which leads to slow transaction speeds and high gas fees. Meaning that despite everything Ethereum has to offer, many are deterred away using or developing on the network due to some of its limitations.

Final Thoughts

As Mehracki is currently in its presale stages, whether you are a beginner in the crypto world or more experienced, Mehracki could potentially bring profit to a lot of buyers once it explodes on the market.

Find Out More About Mehracki Token (MKI): Presale, Website, Telegram,  Twitter 

 

Source: https://www.coinspeaker.com/diversify-your-portfolio-with-these-three-cryptocurrencies-mehracki-mki-dogecoin-doge-polygon-matic/