With the advent of online memes and social media, meme currencies like Dogecoin (DOGE) and Shibu Inu (SHIB) gained popularity. What, however, is the future of meme currencies, and what factors influence their market value?
The future price of any meme currency is heavily dependent on the community’s investment and the coin’s current popularity. Meme coin communities may help disseminate information about the currency, encourage others to invest, and make a coin viral to increase its value.
Shiba Inu (SHIB) may have outlived its golden age, as its price action has remained static since October 2021, when it reached its all-time high.
Mehracki (MKI), a new meme token, is ready to revolutionise the cryptocurrency economy with its straightforward UI, powerful use case, and community-driven appeal. Can Mehracki (MKI) token overcome Shiba Inu (SHIB) to achieve sky-high profits in the current social media era? Lets find out.
Mans Best Friend – Shiba Inu (SHIB)
Many of us know how the dog-themed meme cryptocurrency Shiba Inu (SHIB) began as a joke coin in August 2020 before skyrocketing by more than 49,000,000% in the last year.
Despite its modest origins, the Shiba Inu (SHIB) token quickly gained widespread recognition as its popularity and market value increased. Shiba Inu (SHIB) currently has around 6.6 billion USD in market capitalisation. Known as the Dogecoin (DOGE) killer, it continues to be one of the most lucrative cryptocurrencies on the market.
A key factor in Shiba Inu’s (SHIB) meteoric expansion has been the increasing popularity of meme coins. SHIB was able to capitalise on the increasing interest in the digital sphere. The cryptocurrency marketed itself aggressively on social media using novel marketing methods.
Since then, SHIB developers have increased the ecosystem’s value by developing a decentralised exchange, non-fungible tokens (NFTs), complementary currencies, and an ambitious blockchain that performed well in beta testing.
For SHIB to reach a penny per token, given its present supply, it would need a gargantuan percentage rise. Given the potential that SHIB has already passed its golden age, it is still a coin with huge potential and may be kept for substantial returns.
Memory Making With Mehracki (MKI)
Mehracki (MKI) is a community-driven, feel-good meme token based on the Solana protocol (SOL). It was designed to alleviate user stress by promoting positive experiences and activities for individuals worldwide.
The objective of Mehracki, also known as MKI, is to revive the long-lost ability to take care of oneself and worry less through fostering tourism, travel activities, and the sharing of memes. Shortly after the platform’s release, users will be able to conduct transactions using MKI tokens, run customer loyalty tokens, and bypass costly counterparties. An exciting and excessive array of opportunities.
Moreover, businesses can easily access insights into consumer behaviour to improve services, build a referral and feedback system, and engage in other activities with functionally equivalent purposes.
The practical applications of Mehracki (MKI) will focus on low-cost, lightning-fast, and borderless transactions, concentrating on the hospitality and tourism sectors. One of Mehracki’s key goals is to educate the general public on the core concepts behind the most prominent cryptocurrencies.
In contrast to other projects in the same sector, Mehracki gives its holders access to innovative concepts like participation incentives, non-fungible tokens (NFTs), and decentralised exchanges.
Given that it is built on a token with so many applications, this meme money has great utility potential. It will be intriguing to see how it competes with Dogecoin (DOGE) and Shiba Inu (SHIB).
Meme coins such as Shiba Inu (SHIB) and Mehracki (MKI) might enable you to earn returns necessary to follow your passions.
Cryptocurrencies have allowed many to take early retirement, having amassed sufficient income from their endeavours. Investing in Mehracki tokens (MKI) may be your golden key to great financial success.
Have a look at this article on Mehracki and its plans for domination.
Mehracki Token (MKI)
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