The crypto market is currently recovering from the bear market. Many lost fortunes as the crypto giants slipped in value by 20%. The crypto greed and fear index showed that crypto enthusiasts were hesitant to buy cryptocurrency. However, the market has started its recovery, rebuilding the trust.
This article will examine Mehracki (MKI), Ethereum (ETH), and Binance Coin (BNB) to determine whether they will dominate Q3. Ethereum and Binance Coin are established cryptos that have been at the forefront of the crypto market since their inception. Mehracki is a newcomer in the presale stage looking to bring utility to meme tokens. Ready? Let’s begin!
When it comes to altcoins, there can be only one winner, Ethereum (ETH). Ethereum has dominated the market, becoming one of the most popular blockchains in the world. So, what is the Goerli Testnet merge, and what does it mean for Ethereum?
Well, the testnet merge will go live from August 6th-12th and is essentially the last rehearsal before the official Ethereum 2.0 merge. The merge will change Ethereum from a Proof-of-Work (PoW) platform to a Proof-of-Stake (PoS). The upgrade will bring a myriad of benefits including a reduction in Ethereum’s carbon footprint by 99.95%.
Furthermore, Ethereum 2.0 will harness the ability to process 100,000 transactions per second. That’s right, 100,000! The insane number will make Ethereum the fastest blockchain platform in the world.
Binance Coin (BNB) over time has become the largest decentralised exchange (DEX) in the world. It has over 28 million active users on the platform. Additionally, they are educating their users on misperceptions of Web3 and other aspects of crypto.
Famous TikTok star, Khaby Lame, signed an NFT partnership with Binance Coin. It will showcase an NFT collection to his 140 million fans. Not only will the partnership contain an NFT collection, but Khaby will also educate his viewers on Web3 misperceptions and increase Web3 awareness and adoption using his signature style.
When you go onto the Binance Coin platform, you are met with a plethora of services at your disposal. From the DEX to the NFT marketplace, everything you need is all in one place. At the time of writing, BNB has risen by 9.22% in seven days, showcasing its potential to dominate Q3.
Mehracki (MKI) doesn’t want anything from you. Instead, it wants you to rediscover the lost art of taking care of oneself and worrying less. It will achieve this by creating a platform that advocates meme-sharing, travel ventures, and tourism through its immense network of partnerships. Find out more here.
Mehracki believes that tokens require a high utility to succeed. It is why they are focusing on a utilitarian model that allows the MKI token to serve as a unitary value exchange between customers and hospitality providers. It also authenticates transactions on the ecosystem!
The amount you spend or hold will be tracked and you will be rewarded with NFTs for hitting specific spending or loyalty milestones! These NFTs can then be used to participate in the DAO.
Participation in the DAO is also based on the number of tokens you hold and your on-chain and off-chain activity. This feature could help Mehracki gain traction to dominate Q3.
Ethereum (ETH) and Binance Coin (BNB) have been given the tools they need to lead the market in Q3. Their partnerships that increase popularity and their technological advancements that increase platform traction are a recipe for success.
Mehracki (MKI) should not be ruled out either. The innovative platform provides its users with a plethora of passive income tools while also making the holiday season struggles seem like a walk in the park. Keep your eye on Mehracki across Q3.
For more information on Mehracki (MKI), please read the following article: Traders Are Bullish On Bitcoin Again What Does It Mean To The New Coin Mehracki?
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