The crypto collapse has stunned investors as numerous cryptocurrencies saw a 20% decrease in value. This drop in value is referred to as a bear market. This should not deter investors from trading crypto as values often bounce back, sparking a bull market. Tron (TRX) and Ethereum (ETH) both saw heavy losses but have recovered by 10% this week showing resilience in the crypto market. Mehracki (MKI) is a new meme coin that is designed to generate wealth for society and its investors. Currently unaffected by the bear market, this could be the coin for you.
Mehracki (MKI) sees a dazzling pre-sale
Mehracki (MKI) is a meme coin that is developed on the Solana (SOL) blockchain. The name of the token is derived from the word Meraki, which means putting love, soul, and creativity into one’s activity. This is what Mehracki (MKI) prioritizes as it cements its place as one of the most dominant meme coins in the market.
Users can access tourism and hospitality businesses in the Mehracki (MKI) ecosystem. It also operates under a DAO model meaning MKI token holders can vote on matters concerning the platform. MKI token holders also have access to loyalty rewards for simply owning the token, pretty cool right?
Although the crypto collapse has affected many cryptocurrencies, Mehracki (MKI) is not one of them. The meme coin is currently in pre-sale and the value of the token continues to rise. The myriad of benefits that come from investing in MKI makes this token a valid contender for your summer portfolio. The niche sector Mehracki has targeted remains neglected by many blockchains, giving Mehracki a huge advantage over its competitors.
Tron (TRX) is showing positive signs in the bear market
Tron (TRX) is a crypto heavyweight, sitting as the 13th most popular crypto in the market. It is a public and decentralized blockchain that acts as the core of the Tron ecosystem. Known for its DeFi projects, Tron (TRX) looks to quicken the decentralization of both the internet and digital currency.
Tron (TRX) is becoming a widely adopted blockchain due to its current attempt to provide full ownership rights to those who wish to make digital content.
Tron (TRX) saw a loss of value during the crypto collapse, however, this has been overshadowed by its amazing recovery. At the time of writing, Tron (TRX) has risen by 2.01% in 24 hours showing that ‘buying the dip’ often works for crypto giants.
Should you add Ethereum (ETH) to your watchlist
Ethereum (ETH) is the second-most popular cryptocurrency in the world. It is a computing platform that can be programmed to carry out software and services created by its users. Its diverse ecosystem and leadership are the reason it has stayed at the top for so long.
Ethereum (ETH) is host to the most popular NFT market in the world, OpenSea. Users can buy, sell, trade, and even mint their NFTs on the Ethereum blockchain. Investors know how pivotal NFTs have become in the crypto market, and Ethereum (ETH) has taken full advantage of it.
Although Ethereum (ETH) was affected by the crypto collapse, the signs of recovery have been promising. This is paired with the new upgrades of Ethereum 2.0 which will see transactions rise to a staggering 150,000 per second. The new upgrade is sure to entice investors, and with the current low price of ETH, now could be the perfect time to invest.
The crypto collapse has undoubtedly been hard on established cryptos like Tron (TRX) and Ethereum (ETH). However, these crypto giants show promising signs of recovery prompting many investors to ‘buy the dip’. The new meme coin Mehracki (MKI) is set to explode after its pre-sale as its numerous use cases have caught the attention of crypto enthusiasts. The potential rewards from adopting the MKI token are too big to pass up, you don’t want to miss this investment opportunity.
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Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.