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 Polkadot and a Soon-To-Debut Memecoin Resist the Crypto Bears

source-logo  thenewscrypto.com 12 July 2022 11:45, UTC
  • Polkadot (DOT) is one of the 12 largest cryptocurrencies in the world.
  • Memecoins have a high market approach, like DOGE and SHIB.

As the cryptocurrency crash has been on the rise recently, however, the just presale-launching Mehracki token (MKI) and Polkadot (DOT) have not been significantly impacted by the current state of the cryptocurrency market.

The main cryptocurrencies have been on a downward trend over the past few months as the prices of Bitcoin, Ethereum, Cardano, and other cryptocurrencies have fallen.

Polkadot (DOT) 

A para chain is a customized blockchain that is used in the Polkadot multichain vision for the web 3. True interoperability, scalability, ease of blockchain innovation, great energy efficiency, security for all users, user-driven governance, and, most importantly, the blockchains of Bitcoin and Ethereum are all features of this system.

And the Polkadot (DOT) has been charging fewer transaction fees. As every currency has been suffering from the market crash, Polkadot impressively rebounded with growth to reach the 12 largest cryptocurrencies in the world. Now the coin is trading at $6.41 with a 6 billion market cap. The trading volume in the last 24 hrs is $348 million. 

Mehracki (MKI) 

Mehracki (MKI), a Meme coin that has not yet launched but is scheduled to do so on August 22nd, 2022, has been under presale since May 17th. And it utilizes the Solana blockchain, which seeks to make a genuine change in the cryptocurrency industry and give customers a fun and satisfying experience.
For a while, Dogecoin (DOGE) and Shiba Inu (SHIB) were successful meme coins and had a high market approach. Mehracki Token (MKI) has a different approach and it creates an

ecosystem supporting tourism, travel, ventures, and meme sharing and it tries to spread positivity.

Mehracki whitepaper declares:

The vision of Mehracki is quite simple, to promote health and a quality lifestyle through memes and touring the world, using blockchain as the tool.                             

An application consists of cheap, fast, and borderless transitions. One trillion MKI is the fixed supply, making it a deflationary token and deflationary tokens contribute to stability, liquidity, and an increase in the token value, per sources for the crypto crash on Twitter.

thenewscrypto.com