Bitcoin, the first crypto project, surged a whopping 6,600,000% between 2010 and 2017. It caught popular attention leading to a rapid rise in awareness about the coin market. Simultaneously, blockchain technologies advanced to support diverse crypto tokens. More token choices bring more buyers and the purchase of crypto coins swells. The cryptocurrency market entered a golden age in 2021 zooming past $3 trillion in market capitalization.
As the coin market becomes more integrated than ever into the global financial market, it starts to share the impacts of economic conditions visible worldwide. Like most other stocks, the cryptocurrency stocks too entered a bear market in 2022. The prolonged market volatility has brought a crypto winter, hitting all crypto tokens. However, the coin market has survived the crypto crash and looks set to grow. Considering their fundamentals, backing of buyers, and future perspectives, Ethereum (ETH), Shiba Inu (SHIB), and Mehracki (MKI) have the potential to lead a crypto boom.
Ethereum (ETH): The Giant Is Awake
The launching of Ethereum in 2015 was a turning point in the cryptocurrency market. It transformed the crypto world and played a significant role in ushering in the bull market in 2018 and 2021. The Ethereum blockchain made networks more adaptable and functional and created a more inclusive financial ecosystem.
ETH now stands as the second-largest cryptocurrency. The Ethereum blockchain continues to be the mainstay of smart contracts without any fear of fraud or safety. It hosts over 200,000 decentralized applications built and used without requiring intermediaries.
Despite the 2022 crypto crash, ETH maintains a market cap exceeding $240 billion. Ethereum remains one of the safest options for buyers, who expect its soon-to-be-released upgrades to revive the crypto world.
Shiba Inu (SHIB): Ingrained To Fight Back
Shiba Inu leads the pack of crypto tokens with a history of overcoming adverse conditions. Its introduction in August 2020 was uneventful and the value of SHIB remained low for months. Many began to write it off. However, it surged to give $11,121,568 for every $100 SHIB presales purchase within 15 months of its launch.
Again, buyers are backing Shiba Inu for a leading role in the coin market revival. The project’s strength lies in its focus to create an umbrella platform for the crypto community. SHIB presents a higher network speed, easier transactions, greater interoperability, straightforward usability, purposeful services, and uncomplicated access.
Shiba Inu combines the appeal of meme coins and the utility of altcoins to become a worthy digital asset for buyers and businesses.
Mehracki (MKI): Resourceful, Ready To Run
Mehracki is a community-driven new cryptocurrency seeking to introduce a high-utilitarian ecosystem. Though a meme coin, MKI differs from 300 crypto tokens in its class for its priority on physical usability.
Most meme coins offer a great way to invest and exchange in the coin market. But Mehracki promises to go beyond this and make MKI a token for buying lifestyle utilities. Individuals can pay in MKI to travel across the world, stay in hotels, and rejuvenate in spas. These real-life physical utilities of the MKI coin hold immense appeal to partners and resurrect the tourism and hospitality industry.
Mehracki is designed to improve the lifestyle of MKI users. Apart from offering speed, scalability, and a vibrant community, MKI is rewarded for its adoption and use. Mehracki is the only meme coin in the cryptocurrency market to have an adoption policy.
There is an upturn in travel and hospitality businesses after the COVID-19 pandemic. It augurs well for this tourism-focused coin. Anticipating an MKI-led crypto boom, buyers are looking to cash in on Mehracki presales.
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