![CAN MEHRACKI (MKI), A COMMUNITY-DRIVEN MEME COIN SURPASS CRYPTO GIANTS LIKE GREEN SATOSHI TOKEN (GST) AND APOLLOX (APX)?](http://media.assettype.com/analyticsinsight%2Fimport%2Fwp-content%2Fuploads%2F2022%2F07%2FCAN-MEHRACKI-MKI-A-COMMUNITY-DRIVEN-MEME-COIN-SURPASS-CRYPTO-GIANTS-LIKE-GREEN-SATOSHI-TOKEN-GST-AND-APOLLOX-APX.jpg?w=480&auto=format%2Ccompress&fit=max)
Introduction
Although people believe that 2022 has been a good start and a lucky year for multiple sectors around the globe, many investors and crypto enthusiasts might not agree with this stance. Since the start of this new calendar year, the cryptocurrency market has been going through multiple changes that have contributed to the back-to-back crisis in the recent crypto market crash.
The main reason behind this chaos is the macroeconomic changes in the world's economy. The factors like change in global economic policies, Russia-Ukraine war effects, and post-pandemic crisis have aggregated the situation. Many cryptocurrencies have deteriorated in value in recent months, which has stirred up the entire crypto market.
Crypto assets like Ethereum (ETH), Green Satoshi Token (GST), Solana (SOL), and ApolloX (APX) are some of the affected cryptocurrencies. A similar project Mehracki (MKI), is in the initial stages of development and will launch shortly after the presale. Let us dive deep into the nitty-gritty of the topic and explore more about the highlighted cryptocurrencies followed by the new project.
Green Satoshi Token (GST) is a native cryptocurrency that powers the STEPN ecosystem. It works in coalition with Green Metaverse Token (GMT) in the dual token system of the Step App. It is an ERC-20 token that is based on two different blockchain networks, Solana (SOL) and Binance Smart Chain (BSC), because of the price difference in both networks. The tokens are NFT sneakers that are rewarded to the STEPN users by walking or running outdoors or stalking their crypto assets in the liquidity pools.
The crypto platform has recently experienced a price crash due to the policy of Mainland China. According to the announcement made, the STEPN app will not be allowed to operate in China from July 15th, 2022. It is one of the factors that has contributed to the recent crypto market crash crisis.
ApolloX (APX) is the world's first centralized and decentralized (CEX-DEX) hybrid crypto derivatives exchange. The platform aims to minimize the entry barrier of cryptocurrency and make ownership and trading of crypto assets accessible for every individual and community.
It is a BEP-20 token that primarily operates on the Binance Smart Chain (BSC) and allows the trading of different cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), etc. The ApolloX ecosystem is fast-growing and enables the rapid development of Decentralized Finance (DeFi).
Meme tokens are often criticized and a victim of scrutiny because the traditional meme coins lack in different areas when they are compared to other cryptocurrencies like utility coins, stable coins, and security coins.
With Mehracki (MKI), the picture is entirely different. The project aims to transform the world of meme coins and provide a different perspective to the traditional meme coins in the market. The platform is built on Solana (SOL), which enables fast, secure, and transparent transactions between users and investors.
The team has researched and come up with new and advanced features that could empower holders. Some of them are as follows:
In general, meme tokens lack utility in real-life. However, MKI tokens will be used to verify and authenticate transactions on the Mehracki ecosystem. It will also serve as a unitary value exchange between customers and hospitality partnership businesses.
Like famous cryptocurrencies, the Mehracki Ecosystem works in coalition with smart contracts that reduce the cost of transactions by eliminating third-party intervention and provides a secure platform for transparent communications.
Decentralized finance (DeFi) is famous and growing exponentially. Mehracki Ecosystem connects new investors and innovators to DeFi and provides enough opportunities to raise capital and funds through liquidity pools, staking tokens, and earning passive income.
Mehracki (MKI) aims to build a transparent, secure, and user-friendly platform with minimal entry barriers to allow easy access to all communities. The project strives hard to change the perspective of meme coins positively and enhance the growth of features like NFTs, DeFi, smart contracts, etc. If the project continues developing in the same direction, it might surpass other crypto giants in the market despite the recent crypto market crash.
Join Presale: presale.mehracki.io/register
Website: https://mehracki.io/
Telegram: https://t.me/Mehracki_Official
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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.