Meme tokens have seen their popularity increase, the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) lead this trend. 50% of the total supply of Shib was sent to Ethereum founder-Vitalik Buterin who sent 20% of it as a donation to a relief fund in India and sent the rest to a burn address. At around that time, the token saw an explosion in its price. Elon Musk (also known as doge father) has tweeted both in cryptics or clear support of both Dogecoin and Shiba Inu (SHIB).
Dogelon Mars (ELON) is an ERC-20 doge-themed token project that tries to recreate Dogecoin’s (DOGE) popularity while referencing Elon Musk’s idea of colonizing Mars. Floki Inu (FLOKI) is another dog-themed meme currency that sprang from the Shiba Inu fan community.
The SHIB token is a derivative of Dogecoin, while FLOKI is a derivative of Shiba Inu crypto. It’s named Floki after Tesla CEO Elon Musk’s pet Shiba-Inu. The old Japanese dog breed was introduced to America from Japan about 60 years ago and has since become a meme.
Mehracki (MKI) is a Solana-based community-driven feel-good meme token designed to relieve user anxiety by producing income for investors and advocating feel-good moments and activities for people all across the world.
Mehracki’s main purpose is to convey popular cryptocurrency concepts to the wider public’s awareness. In contrast to previous, analogous initiatives, Mehracki introduces holders to next-generation ideas like participation bonuses, non-fungible tokens (NFT), decentralized exchanges, and more.
Mehracki Will Be Run By A Powerful Community With A Governance DAO
Mehracki is a meme currency that is supported by a community. As a result, they are building a system in which active MKI token holders govern the platform. These users can submit recommendations for modifications to the Mehracki platform’s running and vote if a tie occurs in a decision to be made by the core team.
The voting power of each voter in this DAO will be determined by the accumulation of points from their native token balance, on-chain and off-chain activities, and NFT ownership. Governance assists the core team in making final but crucial choices while also guiding the community.
Mehracki Would Offer NFTs With Utility Within Its Ecosystem
MKI token holders will be issued NFTs to signify their new spending status and milestone. In a system similar to DAO, NFTs will likewise account for user voting weights. The higher the level, the rarer the NFT and the greater the price it will fetch on an NFT marketplace.
NFTs can be created by tourist centers, hotels, and restaurants to provide priority reservation booking, discounts on certain services, and access to specialized experiences. Sales proceeds can be utilized to renovate their hotels/restaurants or even hire staff to overhaul tourist attractions and their own hospitality enterprises.
MKI Token Will Have Solid Utility
MKI is the Mehracki ecosystem’s official utility token, and it will be used to validate the platform transactions. MKI payments will be gamified based on merchants used, quantity spent, and active referrals.
This will provide a more complete experience for consumers and their loved ones while remaining within budget. Higher transaction volume correlates to increased token utility, which in turn raises the unit worth of MKI.
Final Thoughts On These Meme Coins With Added Utility
Meme tokens will continue to drive an increased adoption in the crypto space. Meme tokens like; Dogelon Mars (ELON), Floki Inu (FLOKI), Shiba Inu (SHIB) and Dogecoin (DOGE) are likely to see an increase in their market cap and unit token value.
Mehracki (MKI) is also in line as both a meme token that rides on hype but in its case with a solid utility which is the building block of value.