Cryptocurrency

Meme Coins that Could Explode, Dogecoin (DOGE), Mehracki (MKI) and Shiba Inu (SHIB)  

Market Trends

Investors, analysts and experts believe that the world has not seen the best or the last of cryptocurrency. Industry predictions show that more companies will adopt the use of cryptocurrency, with big investment banks like Goldman Sachs, JP Morgan and Morgan Stanley all still putting money into digital currencies. This may catapult crypto as a mainstream investment, already we are seeing the approval of digital currencies in some places.

New investors all want to know how to buy or get into cryptocurrency, a good way of getting your foot through the door is through meme coins. Meme coins became a popular phenomenon in the crypto world. Meme coins are referred to as the cryptocurrency that originated as a joke. Since their inception, meme coins have gained a lot of popularity and respect in the crypto community as whale investors are buying into Dogecoin (DOGE) and Shiba Inu (SHIB) as a store of value for the future.

One alternative meme token that is yet to enter the market is Mehracki (MKI), showing potential as it is having a quite impressive presale phase. We hope to see Mehracki propel itself to the top of the meme coin ranking.

The Fun and Friendly Internet Currency Dogecoin (DOGE)

Dogecoin entered the crypto market in 2013 as a lighthearted cryptocurrency different from all the serious cryptos that were being invented. It is the oldest standing meme coin and quite frankly, could be considered the meme coin that pathed the way for the ones who came after.

Dogecoin was created in less than 4 hours. The coin was invented as a joke but grabbed much attention in its commencement, with more than 1 million website visits in the 1st month of launch.

Dogecoin has been used as a tipping service on Reddit and Twitter throughout the years. People on the network can send coins to anyone with a DOGE address for relatively cheap transaction fees.

Mehracki (MKI) Bringing You on an Adventure

The community-driven meme coin aspires to revitalise the crypto world by creating and organising activities that will make everyone feel good. Mehracki intends to design a system where active MKI token holders will control the platform. All token holders and users will be able to send their proposals for amendments they wish to be made on the Mehracki platform.

The vision of Mehracki is quite simplistic, it is to encourage and champion a healthy lifestyle, and fun experiences by sponsoring adventurous activities and touring the world through memes using blockchain as a tool. Mehracki's vision values are; longevity, transparency, community, and scalability.

Mehracki (MKI) is in this for the long run, as they are still an upcoming meme token, all new developments will be updated and published on their whitepaper. All users are invited to use Mehracki since it has been created to scale and permits its users to make good value transactions.

The Cute Coin Shiba Inu (SHIB)

Shiba Inu is a meme token built on the Ethereum blockchain, Shiba Inu was officially launched in August 2020. When the token was founded, one of its main focal points was its community.

Unlike many other meme coins that are created on the centralised Binance Smart Chain; SHIB was created on Ether due to its straightforwardness and purposeful blockchain.

Shiba Inu went from nothing in 2020 to outpacingDogecoin in 2021 to becoming the top meme coin by market capitalization and shortly after SHIB is known as the "Dogecoin Killer" by its millions of users. Since then it has gained a lot of momentum, and also became extremely viral on social media, as investors were drawn to the cute charm of the coin.

Final Thoughts

If you are a new investor and you are a sucker for a good laugh, then why not try exploring the world of meme tokens. Storing Mehracki (MKI), Dogecoin (DOGE) and Shiba Inu (SHIB) in your crypto wallet could bring you profit in the future.

Mehracki Token (MKI)

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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