It's no news that the cryptocurrency market is teeming with new ideas and several use cases we haven't seen before. Amongst these new exciting ideas are meme coins offering more utility than they used to.
There was a time when meme coins were regarded as digital currencies based on a joke, meme, or theme on the internet, as they were not focused on solving problems like other cryptocurrency classes. Their token value fluctuates with market interest because it is based on endorsing influencers, community activities, and hype. While many might still hold on to this, specific projects have been putting in much work to redefine and change such belief systems.
With meme coins like Mehracki, Vita Inu, and Shiba Inu, more can be done with your meme coin other than being categorised as fun alternatives to mainstream currencies. They serve real-world purposes and provide real-life applications that can greatly benefit users.
Mehracki is a community-driven meme coin built on Solana to provide a wide range of utility and real-world applications for its users. The creators created the cryptocurrency to bring back some excitement into the crypto space. Investors have seen a lot and perhaps believe every new thing in the crypto space now is a regeneration of things that once were. The makers of Mehracki plan to introduce new and unique features that can catch investors' attention.
Mehracki's real-world applications will revolve around low-cost, quick, and borderless transactions, with a particular focus on areas of hospitality and tourism. The creators believe that focusing the network's services on such features will promote communism, understanding, and merging ideologies.
Users can perform transactions with MKI tokens, operate customer loyalty tokens, avoid costly intermediaries, obtain first-hand information on customer behaviour for improved services, set up a referral and feedback system, and many other exciting perks. This makes Mehracki a functional meme coin that brings more to the table than most meme coins.
The MKI token will be used in all transactions carried out on the network. The token will serve as a symbol for transaction verification and authentication on Mehracki. Payments made using MKI will be gamified, with many prizes at various milestones to encourage users to use the token. Over time, the Mehracki ecosystem would also include a utility token, NFTs, a decentralised autonomous organisation (DAO), staking and yield farming, and a marketplace where tourists and hospitality providers may be featured with honest ratings.
Today, Vita Inu has a live price of $1.05e-8 with a 24-hour trading volume of $1,693,944. It is a full-scale cryptocurrency with a decentralised seamless transactions and interaction system. Although the VINU metaverse is currently new and developing, it will include a virtual reality world, the VinuSwap Dapp, NFTs, staking, prizes, events, products, etc.
Holders of the VINU token will be able to navigate throughout the Vinuverse easily and benefit from various features. The foundations of VINU are built on transparency and individual responsibility, as it is a network dedicated to ensuring long-term success and scalability.
Shiba Inu is an ERC-20 Ethereum-based decentralised meme coin with more utilities than the contemporary meme coin. Today, the live Shiba Inu price is $0.000011 with a 24-hour trading volume of $291,017,469. It is highly compatible with the Ethereum ecosystem, which has been helpful to the system in creating its decentralised exchange platform where users can trade and stake their coins to earn rewards.
The Shiba team is also working to develop an NFT marketplace where creators and collectors can co-exist in a DAO-based ecosystem. The current supply is 549,063,278,876,301.95 SHIB, and although the coin is 66.71% below its all-time high, investors are convinced that it will rise when the bull market returns.
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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.