If you ask any crypto enthusiast, they will explain to novices that the most difficult time to invest and earn real money is during a bear market. A Bear Market describes a scenario where digital assets experience a downturn in fortune and lose most of the value they have built up. Often, the market is characterized by what is happening to the leading crypto, i.e., Bitcoin, with other altcoins following suit. The cryptocurrency market is experiencing one of the worst bear seasons in its history. As a result, the value of many crypto tokens has decreased massively.
While there’s usually so much craziness going on during the bear season, it also presents a perfect opportunity to invest and grow your portfolio by a large amount. By investing in crypto assets that have dipped in value, you stand a chance to explode your capital up to 10x when the market bounces back. For this strategy to work, it’s essential that you look for a crypto token or asset that has a true real-world value. It’s no easy feat to identify these types of crypto tokens, but with intensive research, it’s possible.
Elrond (EGLD) and Mehracki Token (MKI) are high-potential crypto tokens that offer users numerous benefits. This piece will look at why these cryptocurrencies stand out.
Elrond (EGLD) The Secure Platform
Elrond (EGLD) is a software designed as a distributed network of computers used to run smart contracts. This blockchain platform is designed to facilitate the processing of speedy at low costs. Through its effective working mechanism, Elrond can compete with other major blockchains, including Ethereum and Zilliqa. It aims to create a network of decentralized apps and cryptocurrencies.
To provide its users with amazing benefits, Elrond relies on a Secure proof-of-stake mechanism and adaptive state sharding system. The secure proof-of-stake will sync different network elements to a distributed ledger. Adaptive state sharding will effectively break down the blockchain into smaller bits to support faster transactions. EGLD is the symbol of this crypto project, and it’s traded on multiple platforms.
What is Mehracki Token(MKI)?
The meme sector grew exponentially in 2021. Since that time, there have been numerous additions and alternatives that offer unique benefits. Mehracki Token is one of the newest additions to the meme sector. This cryptocurrency currently has plans to become the biggest meme coin in the crypto space. To do this, it aims to introduce a unique ecosystem. This ecosystem will comprise of different elements; utility token, a dedicated NFT marketplace, yield farming, staking, DAO, etc.
Mehracki Token is designed to teach people how to take care of themselves. Its ecosystem will support tourism and hospitality business and meme sharing. They will also support a healthy and quality lifestyle through sharing memes. Mehracki is a unique token that’s designed for the long term. As a result, you should always expect new developments and improvements from them. What’s more? The development team adopts a transparent policy that ensures that users can easily keep track of what’s going on in the ecosystem.
One of the unique things about Mehracki Token is that it runs on the Solana blockchain. Therefore, all its transactions will be handled quickly and at cheaper rates. It also adopts a utilitarian model where MKI tokens are used to facilitate transactions in the ecosystem. MKI is the native token of this platform. It’s used to pay transaction fees and offers governance rights to users. So now is the chance for you to be involved in a crypto that cares about its users and should, in turn, help to add huge gains to your portfolio this year.
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Source: https://thecryptobasic.com/2022/08/28/elrond-and-mehracki-token-are-the-top-tokens-expected-to-explode-your-portfolio-before-the-end-of-2022/?utm_source=rss&utm_medium=rss&utm_campaign=elrond-and-mehracki-token-are-the-top-tokens-expected-to-explode-your-portfolio-before-the-end-of-2022