Dogecoin (DOGE) and Shiba Inu (SHIB) may have something to worry about with new meme coin Mehracki Token (MKI) | The Guardian Nigeria News

The meme coin world is what it is today thanks to the duo of Dogecoin (DOGE) and Shiba Inu (SHIB). These two meme coins are at the top of their game and in the top 30 cryptos worldwide. They’re still meme coins though, and with the way they’re designed, will they survive against their fellow meme Mehracki Token (MKI), which happens to have real-life applications?

Feel good, not “Meh”, with Mehracki Token (MKI)

Mehracki Token (MKI) is a community-led feel-good meme coin built on top of Solana (SOL) to create a system where active token holders control the system. The meme coin stands out from others with its real-world applications that include fast, cheap, and limitless transactions for its users, and focuses on industries and sectors that they consider to be feel-good sectors, such as tourism and hospitality. The project tries to create a world with healthy and quality lifestyles through memes and travel around the world using blockchain technology. To do this, they have established four vision principles –

• Longevity: They intend to be in it for the long haul with continued growth and advancements, all of which will be shared in their whitepaper as they come out.
• They intend to have one or more communities that users can join to get first-hand information about the project, meet other token holders or investors, and discuss the future of the platform.
• Transparency: All developments and milestones are published openly for all users and the general public.
• Scalability: The platform is available for everyone to use. It is scalable and aims to ensure users benefit from cheap and fast transactions. The project currently offers a 0.5% transaction fee, which is used to maintain the ecosystem.

Mehracki Token (MKI) has stated in its whitepaper that users can benefit from certain features “right outside the gate”. These include: the ability to conduct transactions using the native MKI tokens, execute customer loyalty tokens, bypass costly intermediaries, set up a recommendation and feedback system, and have direct access to consumer information for better services. In the long term, the project aims to become an ecosystem consisting of a utility token, feel-good NFTs, DAO, staking, yield farming, and a marketplace for tourism and hospitality services with trusted reviews. According to the website, users interested in staking their tokens can earn up to 15% APY staking for at least 30 days.

Mehracki Token (MKI) has broken away from the meme coin competition and has risen to the top with its useful features that almost turn it into an “uti-meme”. What are these things that make it superior to other meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB)? Let’s explore them first.

The rise of Dogecoin (DOGE) and the world of meme coins

Dogecoin (DOGE), the very first meme coin, was created in 2013 by Jackson Palmer and Billy Markus as a hoax based on the Shiba Inu dog meme. It is an open-source cryptocurrency based on Litecoin (LTC) and on a Proof-of-Work (PoW) consensus mechanism. The crypto exploded when Tesla founder Elon Musk publicly endorsed it with a series of tweets. Meanwhile, the cryptocurrency has become one of the largest in the industry with a market cap of over $11 billion.

Shiba Inu (SHIB) is a major competitor to Dogecoin (DOGE). It is an altcoin based on the Japanese dog breed Shiba Inu and based on Ethereum (ETH). The SHIB token acts as a medium of exchange in the ecosystem and users can use it to stake, lend or earn.

Mehracki (MKI) believes it stands up to and even outperforms these big meme coins for three reasons; its utilitarian model, the incentives for adoption, and most importantly, its applications in real life. Being a meme coin with so many utilities will surely increase its acceptance by the public and push it forward. For these reasons, the meme coin duo might have something to worry about.

More information on the Mehracki token (MKI)
Website: https://mehracki.io/
Advance sale: https://buy.mehracki.io/register
Telegram: https://t.me/ Mehracki_Official
Keywords: Mehracki, MKI, Dogecoin, DOGE, Shiba Inu, SHIB, meme coin, crypto

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