Dogecoin (DOGE) Faces Stiff Competition From Newcomers, Mehracki Token (MKI), and Samoyed Coin (SAMO)
Being the king means living in constant fear of competitors like Mehracki vying to take the throne. It is an endless cycle of fending off foes in order to keep one’s position, one that will not end until the king is usurped.
Such is the tale of the crypto market, a highly competitive space that can be likened to a battlefield where opponents go head to head in a fierce battle, where only one can emerge victorious.
For meme coins, the undisputed king is the original meme coin, Dogecoin (DOGE). Still, the crypto’s position is coming under increased threat with the arrival of newcomers Samoyed Coin (SAMO) and Mehracki Token (MKI).
With groundbreaking innovations and mouth-watering incentives, these two undiscovered gems are bound to get the attention of investors in the not too distant future.
They may even go on to dominate the market. In this piece, we examine their features and how they fare up against Dogecoin (DOGE).
Can Dogecoin (DOGE) continue its rise?
As the king and progenitor of the entire meme coin movement, Dogecoin (DOGE) is a major player in the crypto industry.
With a market cap of $10 billion, the token is one of the most significant crypto tokens in the industry, and its top 10 status is a testament to that.
It represents one of crypto’s greatest mysteries, how a joke meant to poke fun at the crypto industry turned out to be one of its biggest exports.
Dogecoin (DOGE) is a peer-to-peer cryptocurrency whose most imminent features are fast transactions and low transaction costs.
Like other meme coins, Dogecoin (DOGE) is inspired by a popular internet meme, in this case, the Shiba Inu dog.
In addition to running on top of its own dedicated blockchain network, Dogecoin (DOGE) is already being touted for mainstream adoption.
The token is already used as a form of payment on social media platforms such as Reddit by the active Dogecoin community, a gathering with over 300,000 members known for being a friendly and welcoming bunch.
Dogecoin (DOGE) is available for trade and other financial operations on several crypto exchanges such as Coinbase.
Samoyed Coin (SAMO) is the next best meme coin
The rise of meme coins, the adoption of the Solana (SOL) blockchain and the power of online communities to infiltrate modern-day culture were the three factors that influenced the creation of Samoyed Coin (SAMO), a next-generation meme token poised to dominate the market.
Samoyed Coin (SAMO) is a brand new meme token built on the Solana (SOL) network that backs a community dedicated to onboarding Solana users and educating its market participants. Its features include fast transaction time, efficiency and eco-friendliness.
Mehracki Token (MKI) is all about the community
While it is true that meme coins are currently in demand within the crypto industry, certain factors such as unpredictability and the absence of real-life applications often dissuade potential investors from hopping on the movement.
As a result, meme coins are still far from achieving mainstream adoption.
Projects like Mehracki Token (MKI) incorporate real-life applications and practical infrastructures to ensure the industry’s growth.
Mehracki Token (MKI) is a community-driven meme token built on top of the Solana (SOL) blockchain network.
It seeks to generate wealth for investors and champion feel-good activities and moments for its users worldwide.
A specific goal of the Mehracki project is to bring popular crypto projects to the general public’s attention.
With next-generation concepts such as participation rewards, non-fungible tokens (NFTs), decentralised exchanges (DEXs) and more, the Mehracki project aims to be one of the frontrunners for the revolution of the meme coin industry.
Additionally, users will be able to make transactions using MKI tokens, run customers’ loyalty tokens, bypass costly intermediaries, receive first-hand access info on consumers’ behaviour for improved services, and access a referral and feedback system.
The Mehracki project is undoubtedly one to look out for, and with the Mehracki Token (MKI) currently on presale, interested parties can join the project now before it’s too late. Use the link below to do so.
Join Presale: presale.mehracki.io/register