Mehracki Token’s MKI becomes latest addition to memetic coins segment
As the newest meme coin on the market, Mehracki Token (MKI) has entered memetic coins segment following Dogecoin (DOGE) and Shiba Inu (SHIB).
This community-driven meme coin can be used for fast, cheap, and secure transactions and can be locked for 15% APY.
Mehracki Token (MKI) introduces novel type of cryptocurrency
Some cryptocurrencies may copy each other in terms of their principles as well as aims and objectives but Mehracki Token (MKI) has written its own path in the crypto industry.
As a community-driven meme coin, Mehracki intends to create a system where active holders of MKI tokens will control the platform.
These users can send in proposals for changes in the operation of the Mehracki platform and vote, should there be a tie in a decision to be made by the core team.
The three principles that Mehracki stands for are transparency and trust, being a community-based platform, as well as establishing the long-term development of the ecosystem.
There are nominal transaction fees and the project is community-driven, meaning that MKI holders make the decisions regarding the direction in which Mehracki will go in.
Could Shiba Inu (SHIB) become the new Terra (LUNA)
The complete collapse of Terra (LUNA), a project that was a perennial top 10 cryptocurrency in the world, according to data from CoinMarketCap, has shocked the crypto world to its core.
The fact that Terra effectively disintegrated over several days begs the question, could this happen to any cryptocurrency?
One crypto that was a popular answer to the aforementioned question was Shiba Inu (SHIB), the 15th biggest cryptocurrency in the world, according to data from CoinMarketCap.
Originally a meme coin, Shiba Inu exploded with popularity in 2021 and soon became one of the biggest cryptos in the world.
Shiba Inu (SHIB) hit its all-time high of $0.00008616 in October 2021 but SHIB is now a shadow of itself after dropping over 86% to a current price of $0.00001201, at this time of writing.
Now Shiba Inu (SHIB) is challenged by a novel cryptocurrency Bitgert.
The Bitgert team is in the process of expanding its ecosystem that already ranges between DeFi, NFTs and Web3 products.
Bitgert has also built its own blockchain that hosts BRC-20 token standard.