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3 Cryptocurrencies you Should Keep An Eye out for: Mehracki (MKI), Decred (DCR) and Mina (MINA)

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Mehracki (MKI) is a new cryptocurrency in its presale stages and comes with many innovative ideas. It is a community-driven token that aims to generate wealth for its investors. The vision is quite simple and innovative. Keep on reading to find out more about Mehracki (MKI), Decred (DCR) and Mina (MINA).

Cryptocurrency popularity is thriving due to its acknowledgement internationally, with many countries wanting to compete for digital currency leadership. Thus, this has led to cryptocurrency becoming difficult to ignore. Seeing crypto investors make high-profit returns has caused the interest in cryptocurrency to skyrocket. It has been used as a decentralised alternative to traditional fiat currencies such as the US dollar ($) and the Great British pound (£).

Mehracki (MKI) 

Mehracki (MKI), is a meme coin similar to Dogecoin (DOGE) and Shiba Inu (SHIB). It was created on Solana (SOL) network to revolutionise the world of meme coins by offering support for activities and projects. Furthermore, this platform promises to bring unique real-life applications to its holders. It is carefully designed to ensure cheap, fast, and borderless cryptocurrency transactions in industries focused on tourism, feel-good goals, and hospitality. In addition, it aims to provide positive development in health. 

The team intends to create an ecosystem that will allow active holders of MKI tokens to control the platform. Users will be able to send in proposals for change in operation and vote to tie in a decision. The voting will be based on accumulation points from their native token balance, off-chain and on-chain activity, and ownership of non-fungible tokens (NFT).

Mina (MINA) 

Mina (MINA) is a native layer one blockchain technology to solve a list of problems plaguing the cryptocurrency industry. Its major goal is to be a highly scalable blockchain for decentralised payments and trust. The tokens are secured by the proof of stake (PoS) mechanism/staking. The block producers in MINA collect transactions and record them in blocks. 

The protocol record rewards miners for their contributions as well. Moreover, Mina can be used to access a site, an internet service, or a site without creating an account or even sharing personal data. It offers all-new security standards for decentralised application (dApps) users and developers. In addition, experts described this platform as the “world’s lightest blockchain” since its size is designed to remain constant despite growth in usage. 

Decred (DCR)

Decred (DCR) is an autonomous cryptocurrency which uses a hybrid proof of stake (PoS) and proof of work (PoW) mechanism to ensure consensus is achieved on the Decred blockchain. The project uses a lightning network, Politeia which is an advanced integration of privacy technologies. It guarantees low transaction fees and allows users to customise the algorithm.

DCR aims to become an alternative to Bitcoin (BTC) as a store of value. Built on solid principles surrounding free open software, consideration, incremental privacy, security, and universal fungibility. This cryptocurrency intends to solve the scalability issue of the Bitcoin blockchain. Many enthusiasts have termed this currency a reliable form of investment in the crypto industry.  

Final Verdict

Mehracki seems to be a good investment option for active crypto investors and new ones. However, Decred and Mina have money-making potential, but with some drawbacks. Decred can still not be bought with fiat currencies, and very few merchants accept its tokens. Mina has a very low transaction rate and cannot process high-volume trading. Mehracki is still in its presale stages and can gain massive profits in the future. Trying your luck by investing in Mehracki (MKI) might be a wise decision.

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