Crypto winter 2022 is rough…but let’s look at the bigger picture here. This isn’t the first crypto winter to happen to the market and this isn’t the first time Bitcoin (BTC) has free fell, in actuality, the previous crypto winters are what created more money for everyone. Ethereum (ETH) for example was made during a down cycle and is one of the best cryptocurrencies of all time.
This means cryptocurrency can persevere if its platform is built to last. Today we bring you Mehracki (MKI), Ripple (XRP), and Cardano (ADA) – cryptos that are ready to tackle crypto collapse.
This cryptocurrency is a community-led platform designed to give its users the final say on key changes in the platform. It is meme-based just like Dogecoin (DOGE) but what differentiates it is its real-world functions and abilities. Shiba Inu (SHIB) has decided to revamp due to criticisms that Mehracki (MKI) has already recognized and addressed.
This platform seeks to make people use its Mehracki Token (MKI), a utility token native to it that’s on presale, to get rewards, stake, do yield farming, and join a decentralized autonomous organization (DAO) where they can control the platform decisions.
It has incentivized adoption, what happens in most cryptocurrencies is that generally there is no incentive, which leads to a lack of enthusiasm for promoting adoption. Mehracki (MKI) has this figured out with its incentives for adoption, it also gamifies milestones for higher loyalty!
Mehracki (MKI) is unique in its utilitarian structure and the utility is critical to whether or not the token succeeds as blockchain technology is becoming popular and a more congested market.
The Mehracki Token (MKI) doesn’t only verify, but also authenticates transactions happening within its blockchain. It acts as a unitary value exchange for hospitality organizations and customers to interact.
Mehracki Token’s (MKI) has a total supply of 100 billion, a maximum of 36 percent will go to presale and each token will cost 0.000056 dollars in the current presale. Head to the platform’s website and see if this token is for you before its official launch on the 22nd of August 2022 when it will sell higher.
Ripple (XRP) is a blockchain that is a digital payment platform and a cryptocurrency that makes transactions productive. It launched in 2012 and its main goal was to achieve a payment settlement asset exchange along with a remittance structure.
In a way, Ripple (XRP) is like the current banking SWIFT method that lets users conduct secure and international money transfers. Using Ripple (XRP) means saving costs because the brokers in the traditional banking system won’t exist here to cause unnecessary steps.
Ripple Token (XRP) is native to the platform and it works with the ecosystem’s XRP Ledger (this is a kind of blockchain). It uses the XRP Ledger Consensus to securely execute and validate transactions. This allows it to conduct processes securely and quickly in a different way. This token can potentially overcome the crypto collapse and is one to consider.
The next token to potentially resist crypto collapse is Cardano (ADA), a decentralized third-generation blockchain that employs the PoS (Proof of Stake) consensus mechanism. This platform is made to work better than PoW (Proof of Work) consensus mechanisms like those used by Bitcoin (BTC). This means faster transaction speeds, less energy, and costs for the user. Cardano (ADA) is what powers the ecosystem allowing it to execute its features.
Cardano (ADA) is excellent at traceability and identity managing. Identity managing is employed to streamline and make easy the processes that demand the collection of data from different sources; whereas traceability has its merits in tracking and auditing a product’s manufacturing procedures from the point of origin to the final stage. This can help users remove counterfeit products from the market which is always a good thing. With these aspects in play, ADA really could be a good option for the bear market.