If you are an experienced cryptocurrency trader, you are aware of market volatility. One day your portfolio may be up 50%, but it may be down 50% the next day.
Significant price drops are typical, but they do not necessarily signal the failure of a project. FTX Token (FTX) and Chain link (LINK) are two excellent examples.
Meanwhile, a new meme token is set to disrupt the cryptocurrency market with Mehracki (MKI) presale soon available on the project site.
Let’s examine these cryptocurrencies in more depth and figure out which might be the most popular meme motto this time next year.
FTX Token (FTT)
The FTT token is the main token inside the FTX ecosystem, one of the main centralized exchanges. Moreover, the FTX The ecosystem has acquired Japanese cryptocurrency exchange Liquid, expanding its portfolio.
FTT token holders are entitled to a 60% discount on trading fees on the FTX platform. FTT token holders enjoy free airdrops in addition to receiving free airdrops.
The FTX Token (FTT) has seen a substantial price gain in the past, and it can be accumulated in anticipation of a future rally.
Chainlink (LINK) brings blockchains together
Chain link (LINK) is a network that offers off-block chain from data sources to smart contracts on the blockchain via oracles.
A blockchain oracle is an application that provides data from an off-chain source to a smart contract or connects it to an off-chain network.
Chainlink (LINK) allows blockchains to securely connect with external data and systems through a decentralized oracle network.
This provides the crucial off-chain data that smart contracts need to become the predominant form of digital agreement.
Chain link (LINK) dramatically improves the functionality of smart contracts by giving them access to real-world data and off-chain information while preserving block chain the reliability and safety standards of the technology.
Mehracki (MKI) is more than a meme coin
Mehracki (MKI) is a meme token that uses the Solana (SOL) block chain. It was designed to help investors generate new revenue streams and promote virtual events and activities around the world.
Real-world applications developed by Mehracki emphasize low-cost, fast and borderless transactions with a focus on hospitality and tourism.
Following the global travel ban imposed by the coronavirus pandemic, the tourism sector has suffered a severe impact.
However, with the introduction of vaccinations and global control of the coronavirus, the hotel and resort industry is beginning to recover, and the MKI Token could benefit from such a renaissance as summer approaches.
The Mehracki Token could be used as a payment token for hospitality and tourist activity; hoteliers could accept direct payments from consumers and offer attractive new incentives in the form of NFTs, such as discount coupons, loyalty points and personalized user experiences.
MKI Token holders will be able to receive prizes in the form of NFTs, which will provide users with benefits based on the number of tokens owned.
Users will also be able to gain the right to vote since the Mehracki community will be managed by a Decentralized Autonomous Organization (DAO).
The purchase of MKI The tokens would also allow users to generate additional cash through staking and yield farming.
The value and rarity of Mehracki NFTs sold in the market will be determined by the amount of money spent and the number of Loyalty Points earned by the user.
Cryptocurrencies have come a long way and provided investors with exceptional rewards.
Whereas FTX Token (FTT) and Chain link (LINK) may have already had their golden age, Mehracki (MKI) could be a good investment.
Always do proper research when dealing with currency and token presales. The above information does not constitute investment advice from CryptoMode or its team, nor does it reflect the opinions of the website or its staff.
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