Crypto Giants Recover and Crypto Newcomers Gain Popularity – CoinCheckup Blog


Crypto giants like Solana (SOL) and Binance Coin (BNB) are on the road to recovery. Both have produced impressive numbers this past week, leading many people to add them to their portfolios. Their desirability has become the driving force behind their success as they continue to dominate the crypto space. Mehracki (MKI) has gained immense traction since its presale launch in May. The meme token has risen in value by 51% going from 0.000056 to 0.0000953 at the time of writing. If MKI can achieve this in one month, think of what it will achieve by its August launch.

Is Mehracki (MKI) the next big thing?

The Greek verb Meraki describes putting one’s soul, creativity, and love into something. It is precisely what Mehracki (MKI) has done with its innovative meme token. They have designed an ecosystem that benefits both the active community and the development team with their services.

Staking is a vital part of the Mehracki (MKI) ecosystem. It increases the security and stability of the network while producing rewards for its users. Mehracki is built on the Solana (SOL) blockchain, meaning its users can take advantage of its rapid transaction speeds.

Mehracki (MKI) looks to break the trend of a real-life application being neglected by meme tokens. Thanks to multiple partnerships with DeFi-capable NFTs and hospitality outlets, users have control over their assets and do not have to worry about foreign exchange.

Solana (SOL) has lightning-fast transaction speed!

Solana (SOL) was built in 2017 and the main network launched in 2020. Its main aim was to outperform other blockchains and solve the trilemma associated with blockchains; decentralisation, scalability, and security.

Due to Ethereum’s (ETH) immense popularity, it often experiences sluggish performances, leaving many token holders to find an alternative. That said, Solana (SOL) can perform over 50,000 transactions per second because of its unique Proof-of-History consensus mechanism.

Solana (SOL), like every other crypto giant, was affected by the crypto collapse. However, the recovery in the platform has been consistent over the past 7 days as it saw a 4.41% increase at the time of writing. This trend may continue with Solana’s high utility being the driving force behind it.

Positive trend for Binance Coin (BNB)

Binance Coin (BNB) is a crypto giant that is used for loans and transfers, entertainment like virtual gifts and lottery tickets, booking travel arrangements, and credit card payments. The multitude of uses for BNB is what makes it so popular among crypto enthusiasts.

Binance Coin (BNB) wants its users to feel safe buying BNB. It achieves this by consistently performing quarterly burns. The burn makes sure the coin remains finite, making it more valuable and scarce.

Five-time Ballon D’or winner, Cristiano Ronaldo, recently announced a multi-year NFT partnership with Binance Coin (BNB). A series of NFTs will be released exclusively on the Binance coin NFT platform. He was quoted saying, “the fans are going to enjoy the collection”. It will increase the popularity of Binance Coin exponentially.

To summarise

Solana (SOL) and Binance Coin (BNB) are undoubtedly crypto giants. They dropped in value during the crypto collapse but have recovered immensely since. This trend may continue as both platforms announce new partnerships and significant advancements in their technology. Mehracki (MKI) has gained a lot of popularity since the start of its presale. The meme token has already increased in value by 51%. It will be exciting to see what the future holds for Mehracki. Will you be a part of it?

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