Ethereum (ETH) and Solana (SOL) were hit hard during the crypto crash, but their recoveries have been astounding this past week. It has given a lot of crypto beginners the fear of missing out, yet there are still numerous opportunities to become a token holder for upcoming cryptocurrencies in the market. Look at Mehracki (MKI). This innovative platform offers many use cases for its token holders to take advantage of, will you get involved?
Make moves with Mehracki (MKI)
Mehracki (MKI) is a new meme token set to release on the 22nd of August. The token has increased from its start price of $0.000056 to $0.0000953. You might be wondering, what makes Mehracki (MKI) superior to other meme tokens? It is superior because of its real-life application, utilitarian model, and incentivised adoption.
The Mehracki (MKI) ecosystem is kept simple and easy to use to fulfill the platform’s promise to make its users worry less. Payments made with the MKI token will be gamified with various rewards at different milestones. Mehracki also has rewards for the adoption of the token, meaning you will be rewarded for either paying with your tokens or holding them.
Mehracki (MKI) promotes travel. Thanks to its vast network of partnerships with DeFi-capable NFTs and hospitality outlets, you don’t have to worry about multiple fees for swaps and foreign exchange.
A big jump for Ethereum (ETH)
Ethereum (ETH) is the king of alt-coins. The second-largest cryptocurrency with a market cap of over $147 billion has dominated multiple sectors in crypto, including NFTs. It hosts the most recognised NFT marketplace in the world, OpenSea.
The highly anticipated Ethereum 2.0 will see Ethereum switch from a proof-of-work mechanism to a proof-of-stake. It will reduce Ethereum’s carbon footprint by 99.95% and allow users to stake their ETH tokens. Transaction speed is often a criticism of Ethereum, and with the merge, 100,000 transactions will be processed each second.
Through the recent crypto collapse, token holders have remained loyal to Ethereum (ETH). It has proven beneficial to both token holders and Ethereum as it sees a 10.01% increase in 7 days at the time of writing. It has left people with the fear of missing out, but with new improvements scheduled in the future, now could be the best time to become a token holder.
Solana (SOL) is back on the rise
Solana (SOL) is a high-performance public blockchain with smart contract functionality. Its native token, SOL, provides blockchain security through staking and can be used as a means of transferring value. The fees for transactions are low, every 1 million transactions amount to $10 in fees.
Solana (SOL) is easily one of the fastest networks in the crypto space. It can handle an impressive 50,000 transactions per second. Solana uses the proof-of-history consensus mechanism to validate events on the network, placing a time stamp on each transaction to verify it quickly.
Solana (SOL), like Ethereum (ETH), has seen a spectacular increase in value in the past 7 days. According to CoinMarketCap, Solana has increased by 12.47% at the time of writing. It shows the resilience of the Solana (SOL) community, and that fear of missing out leads to people buying into cryptos with high utility.
To summarise
Ethereum (ETH) and Solana (SOL) are both crypto giants that have performed well this past week. Their numerous use cases and future upgrades provide them with the tools to continue this positive trend. Mehracki (MKI) is looking to follow in the footsteps of these crypto giants. Its utilitarian model, incentivised adoption, and real-life application give its users a multitude of services to take advantage of. This could be the token to explode in August.
For more information, please visit the following websites:
Presale: https://buy.mehracki.io/register
Website: http://mehracki.io
Telegram: https://t.me/Mehracki_Official
Source: https://www.cryptopolitan.com/ethereum-eth-and-solana-sol-jump-by-10/