Mehracki (MKI) and Polkadot (DOT): Two Cryptocurrencies Defying the Market Crash
DailyCoin
Published Jul 11, 2022 09:01AM ET
Updated Jul 11, 2022 10:00AM ET
Mehracki (MKI) and Polkadot (DOT): Two Cryptocurrencies Defying the Market Crash
Crypto crash live news updates reveal that coins in the market show no immediate signs of concluding their free-fall. Bitcoin (BTC) dropped nearly 10%, reaching a new low since November 2020.
As expected, when the largest crypto- Bitcoin (BTC) plunges, other cryptocurrencies like Ethereum (ETH), Cardano (ADA), and more have dipped over the past few months.
While many crypto enthusiasts pitch their reasons for the crypto crash, highlighting the 2021 Ethereum flash crypto crash, it is clear that prices aren’t going to climb in the near future. Some experts even suspect there’s a deeper plunge to come for Bitcoin, and others wonder if this bearish period will turn out to mirror the likes of the 2017 crypto crash.
We might find ourselves in the midst of another crypto winter, reflected in the fact investors aren’t rushing to fill their portfolios with Bitcoin dip presently. On the other hand, projects like Mehracki (MKI) and Polkadot (DOT) are just some of the coins that boast implementable road maps that point the way to potential financial salvation while solving the problem of scalability in the crypto market.
Mehracki Token (MKI)
A decentralized project that has caught the public’s attention, Mehracki is a robust ecosystem powered by its utility token, MKI.
Right off the bat, Mehracki Token (MKI) offers users the invaluable edge of the Solana (SOL) blockchain. Faster transactions are made with near to zero downtime, and the cost per transaction is cheap enough that investors need not worry about spending a dollar until over a thousand token transfers have been made.
Mehracki Token (MKI) takes a firm stand on scalability, using Solana’s infrastructure to effect smooth integration and exchange among projects, opening up channels to accommodate larger audiences on the platform.
Users of this platform can earn rewards by selling Feel-Good Non-Fungible Tokens (NFTs), yield farming, and adding digital assets to liquidity pools, while using the token as a medium of exchange.
There is a fixed supply of one trillion MKI, meaning it is a deflationary token. And as we know it, deflationary tokens help provide stability and liquidity and appreciate the token value, according to expert sources for crypto crash Twitter (NYSE:TWTR).
Polkadot (DOT)
Polkadot (DOT) is an open-source, layer-zero blockchain platform that provides interoperability for communication and exchange of information (assets and data) between blockchains and decentralized apps (dApps). Its utility token, DOT, powers the ecosystem.
While major blockchain networks like Ethereum (ETH) and Bitcoin (BTC) are excellent in their spheres, there isn’t any compatibility.
Aside from solving the issue of interconnectivity, Polkadot (DOT) architecture implements the majority of the features offered on several networks- scalability, speed, security, and cheaper transaction fees.
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The main hub- Relay chain is the central connection point of other blockchains, allowing for an ecosystem that could not coexist. While the parallel chains- parachains, are the branches of the network that offer use cases, smart contracts, and deal with governance.
You can say that the division of labor Polkadot (DOT) employs is what makes it the perfect token to ride this volatile wave of the crypto crash 2022 without a wipeout into the choppy waters beneath.
There is no telling when the market will recuperate from the latest crypto crash or which projects are destined to bounce back. It is, however, advisable to go for tokens that have provided the public with a road map on how they plan to make a difference in the market when the tide on this debacle inevitably rolls back.
For Mehracki Token (MKI), you have the advantage of scalability, while Polkadot (DOT) centers on interoperability among various blockchains.
Find out more about Megracki Token on the Website or Telegram. You can learn more about the presale here.
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Written By: DailyCoin
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