2022 has been a year of instability regarding the cryptocurrency market as the rise and fall in the prices of different cryptocurrencies in the coin market has been noticed lately.
In this article, we will be looking at the Mehracki token (MKI), Shiba Inu (SHIB) and Dogecoin (DOGE) and if they have what it takes to be some of the best cryptocurrencies to invest in 2022.
Mehracki Token (MKI)
Mehracki (MKH) token is a new community-driven meme token currently in its presale stage. It intends to create a system where those who actively hold and trade with the token can control the platform.
The token, a new cryptocurrency, was built on the Solana (SOL) blockchain and developed to allow users to get help from the services offered on the platform. The project intends to create wealth for users while making activities available for community members to take part in.
Real-life applications of the Mehracki Token (MKI) will centre around affordable and fast transactions while focusing primarily on feel-good industries (tourism and hospitality).
Over time the Mehracki Token (MKI) will have an ecosystem that circles around utility token, DAO ( Decentralised Autonomous Organisation), feel-good NFTs, staking, and yield farming, with a trade centre where hospitality and tourism business will be displayed,
The Mehracki Token (MKI) has been on presale since the 17th of May 2022 and ended its first presale on the 20th of June. It kick-started its second presale on June 20th, which will end on the 18th of July. It will officially launch on the 27th of August, 2022, with a sales price of about $0.000056. So this is the perfect opportunity to have a go at this token.
Dogecoin (DOGE) is an open-source cryptocurrency. Known to be a meme coin, it has the picture of a Shiba Inu (a Japanese Dog) as its logo and was launched in December 2013.
Although it lost much of its value in the year 2018 after participating in a cryptocurrency bubble that significantly increased the value of many coins in the coin market, it still has a lot of supporters who are loyal and trade it while using it as a currency for social media content.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is an Ethereum-based meme coin that also has the Shiba Inu (Japanese dog) picture as its logo. It is widely seen as a second option to Dogecoin (DOGE) and is commonly known as the Dogecoin killer because of its vast popularity.
The altcoin was launched in August 2020 by an individual or group named “Ryoshi.”
The price of the Shiba Inu (SHIB) coin rose to over ten times the actual price on the 29th of October 2021. This increased its total value by $41 billion as it still tops the first ten meme cryptocurrencies in the world at the time of this writing.