Are Cryptocurrencies Such As Mehracki (MKI) And STEPN (GMT) Worth The Hype?
Everyone has heard of cryptocurrencies such as Bitcoin, Ethereum and Dogecoin. However, it is the newer projects that deserve your attention. Cryptocurrencies such as STEPN (GMT) and Mehracki (MKI) are up and coming projects that are already garnering substantial attention. So why exactly should you pay attention to these two cryptos?
What is STEPN (GMT)?
As one of the first cryptocurrencies built around the idea of making money from daily activity and exercise, there is a lot of hype surrounding STEPN. Being the first project to promote a move & earn concept through crypto, STEPN aims to push users towards a healthier lifestyle.
After downloading the app and creating a wallet, users can buy a pair of NFT sneakers to begin earning. By being active, running, jogging or even walking, they can earn Green Satoshi Tokens (GST). Different types of sneakers earn at different rates based on the user’s preference. Although the gaming token is GST, the governance token is GMT.
4 factors that determine the amount of GMT a user can earn:
- Type of sneaker
- Sneaker’s efficiency attribute
- Sneaker’s comfort attribute
- Speed of movement
With an anti-cheating system in place, a live GPS tracker will follow your movements. If you have a weak or no signal, you will not be earning any GMT regardless of your activity.
As a unique way to earn crypto, there is a lot of hype around it. But is it worth buying? STEPN has been on the rise in the past 24 hours (at the time of writing), and the app is currently ranking 18th in Health & Fitness.
If you’re looking to get fit and healthy, why not earn money as you do it?
How does Mehracki (MKI) compare?
Different from STEPN, Mehracki is a meme coin app designed to help users worry less and feel good. Being a community-driven meme coin, there is a lot of hype online to stimulate Mehracki’s value. Although not officially launched yet, it has shown tremendous potential within the market as Mehracki acknowledges where other meme coins lack and what they are doing to make them stand out.
One of the ways they stand out from their competition is by having a real-life application. This means that users will not need to exchange or swap MKI for other tokens to pay for goods or services, whereas this is a necessity for other coins. In addition, Mehracki has an immense network of partnerships with hospitality outlets and De-Fi capable NFTs, allowing users to be in full control without worrying about foreign exchange or additional fees. Having just entered the first stage of its presale, there’s a lot we can expect from Mehracki.
Is Mehracki Worth Investing In?
Although meme coins depend on the hype around them, Mehracki is one that truly does stand out from the others and has the potential to become big like Dogecoin. Presales present a unique opportunity to get into a project from the ground up, and it is not often that a project such as Mehracki comes around.
Mehracki Token (MKI)