Monero (XMR) and Stellar (XLM) Achieve Success While Mehracki Token (MKI) Raises Expectations
The cryptocurrency market continues to bring profit with its rapidly developing structure and changes dynamics day by day. There are several different keys to success in this field. The first of these is to follow the new coins planned for release. However, it is necessary to prefer coins with solid ground, a purpose, and a strong team instead of pointless and unsupported projects.
Recently released and rapidly rising coins include Monero (XMR) and Stellar (XLM). Both of these coins, produced for different purposes, achieved a rapid rise thanks to the projects they supported and their grounded white papers. In addition to providing quick profits for their investors, they also increase their value with the valuable projects they provide to their users.
Although some aspects of these two coins, which work on decentralization and rapid money transfer, are similar, certain aspects are completely different. Another coin prepared for pre-sales in 2022 is Mehracki (MKI). Mehracki (MKI) targets the tourism sector in addition to being a meme coin. In this way, it plans to create an ecosystem that is both fun for its investors and beneficial for its users.
Although Stellar (XLM) has experienced a drop of 3% in the last 24 hours, it ranks 26th in the CoinMarketCap ranking. There are nearly 25 billion Stellar (XLM) coins in circulation. Stellar (XLM) is an innovative coin with a structure that provides value transfer between assets. It also draws attention as an open-source, distributed, and community-owned coin network. Stellar (XLM) uses Lumens as its currency.
Stellar (XLM), which supports smart contracts as its main purpose, allows users to send different currencies to other users through different currencies if they own Lumens. Stellar (XLM) also does not allow mining based on proof of work, similar to Bitcoin (BTC). In 2014, 100 billion Lumens were created as soon as the Stellar (XLM) network first became operational, and this was subject to annual inflation of 1%.
However, the community later decided to reduce the total number of Lumens to around 50 billion while abolishing the inflation decision. For this reason, half of the 50 billion Lumens in total are in the market, while the other half is used by the Stellar Development Foundation to support the Stellar (XLM) ecosystem.
Monero (XMR) ranks 25th in the CoinMarketCap ranking and is among the coins in the rising trend. Monero (XMR) is highly appreciated for the interesting features it presents to its users. This coin, which emerged as a result of the ByteCoin fork and was released in 2014, is that it is a secure and untraceable currency. Monero (XMR), which has an open-source code system, has a non-transparent blockchain system.
In this system, where no one can see someone else’s balance, privacy is controlled by the user. This system, which uses hidden addresses and performs different signature protocols to achieve this, stores the signing person anonymously thanks to the “ring signature” protocol. It derives randomly generated single-use addresses for each transaction. This system, known as confidential ring transactions, i.e., RingCT, also hides the transaction amount.
Mehracki Token (MKI)
Even though it is a meme coin like Dogecoin (DOGE) and Shiba Inu (SHIB), Mehracki Token (MKI) follows a very different business policy. It offers a business model instead of getting support from social media and different channels to increase its value. It offers its investors and users the opportunity to share memes, and funny internet photos, while also supporting tourism and travel initiatives.
According to its White Paper, it aims to provide positive developments in the field of health and tourism and to offer a quality life opportunity by using blockchain as a tool. If you are planning to invest in a cryptocurrency and expect it to contribute to your life positively, Mehracki Token (MKI) could be considered a very useful investment.
Find out more about Mehracki Token (MKI):
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