Cryptocurrencies are all the rage lately with Bitcoin and Ethereum leading the pack. However, there are many other options available as well, each with its unique features. In this blog post, we will take a look at three different cryptocurrencies that you may not have heard of before: Mehracki (MKI), The Sandbox (SAND), and Tezos (XTZ).
There are thousands of tokens available in the cryptocurrency market. Each of these includes different technologies and addresses various service areas. The most notable among the numerous tokens are undoubtedly meme coins.
Mehracki (MKI): Could it be the Next Big Thing
Meme coin projects have received significant investment from individual and institutional investors since the end of 2021. Today, it is possible to see some meme coins among the top 20 cryptocurrencies in terms of market capitalization. The Mehracki (MKI) project is also a platform that embraces the meme culture and aims to revolutionize this field.
The project team aims to use the Mehracki token as a primary payment tool in areas such as tourism, travel, and accommodation. In other words, hotels, restaurants, and bars will be able to receive payments from customers without the need for intermediaries, thanks to the MKI token.
The same is true for transactions between users. Any MKI token holder will be able to make purchases at any point in the world with a minimum commission rate and maximum speed.
The most important feature that distinguishes the Mehracki project from the others is that it has its NFT market. In this way, it is planned to encourage more users to use MKI. Here, all active token holders will be able to easily perform their trading transactions via MKI.
The Sandbox (SAND): One of the Most Established NFT Coins.
The Sandbox, one of the most popular among the NFT and metaverse coins in the crypto money markets, has been on the market since 2011. SAND, seen as one of the first coins in its field, was established by the combination of decentralized and autonomous management and the NFT system.
In addition, SAND, which has entered the market by aiming to offer an interactive world experience to its users, has been able to gather investors with increasing momentum since the first day.
Sandbox has set its main goal to bring together blockchain technology and the classic gaming industry. In particular, SAND, which aims to establish a system where users can earn while playing games and spend their earnings in real life, creates extremely interesting opportunities for both gamers and content producers.
Tezos (XTZ): NFT Coins You Can Stake Can Offer You Passive Income
Although the development of Tezos started in 2014, it was fully introduced in 2018. This coin, which has been attracting investors and attention since this period, has started to be used and recognized much more as of 2020.
In particular, the cryptocurrency, which was evaluated by the French bank Societe Generale in 2020 and experienced a remarkable price increase, caught the attention of its investors. In the future, Societe Generale bank has stated that it will utilise Tezos as a cryptocurrency.
Tezos is also available for staking on exchanges such as Binance and Coinbase. This situation, which is quite rare among the coins in its category, is considered one of the most important signs that Tezos can shine in the future.
While it is impossible to know the future of any specific coin, these three coins seem like they have potential in the near future. For new investors, Mehracki might be a good option because it has a low price and could see significant gains if it becomes more popular. The Sandbox is also worth watching because of its unique gaming concept and Tezos may continue to grow in value as the platform develops.