Many factors make crypto appealing. The first is the financial aspect, which has the potential to improve your financial situation and make you a millionaire overnight. However, there is much more in its utility and various use cases, including inter-platform trading, virtual gaming and gaming assets, NFT sales, validating your art as a content creator, and memes. There is something for everyone, whatever it may be.
This explains why cryptocurrencies like Mehracki (MKI), Uniswap (UNI), and Binance (BNB) are leading their different markets based on their comprehensive and real-life utilities. But there may be more than meets the eye.
UNI
As the first DEX to achieve a level of adoption, trading volume, and popularity that weighs more than some top centralised exchange platforms, Uniswap (UNI) is a prominent cryptocurrency in the cryptoverse’s DEX (decentralised exchange) market. The token also allows users to play the role of liquidity providers, enabling them to add assets to liquidity pools.
You make money when you stake on Uniswap (UNI), as the liquidity providers are allowed to keep a portion of the pool’s fees, earning a passive income with each fee.
The Uniswap platform is undergoing its third update, which includes better oracles, improved capital efficiency, and flexible fees. Uniswap (UNI), which boasts a trading volume of more than $800 billion, is currently trading at $6.36.
BNB
The native currency of BNB Smart Chain and BNB Beacon Chain, formerly known as Binance Chain, is BNB (former Binance Smart Chain). It has incorporated a number of amazing innovations since its June 26–July 3 2017 launch, and as of right now, it is the third-largest cryptocurrency by market capitalization.
There are many applications for it, including BNB for Binance Exchange and Binance Decentralized Exchange (DEX) for transaction payment on BNB Beacon Chain and BNB Smart Chain. Similar to MKI’s feel-good token use cases, BNB allows users to pay for goods and services for both online and offline in-store purchases, and with Travala.com, users can use BNB to book hotels and flights as a holder. Additionally, users have access to token sales held on Binance Launchpad.
One of BNB’s distinguishing characteristics is its real-world utility, which has contributed to its market cap of over $50 billion since inception and a price growth forecast of a 69% increase in 2022.
MKI
A community-driven meme token on Solana with lightning-quick transaction times and high scalability is called Mehracki (MKI). With a focus on sectors like hospitality and tourism, the token aims to provide quick, affordable, and borderless transactions. An ecosystem called Mehracki (MKI) aims to give users a utility token that is independent and reasonably priced. Staking, NFTs, Decentralized Autonomous Organizations (DAO), and a marketplace to display companies involved in the hospitality and tourism industries and customer reviews.
Ahead of its launch, Mehracki’s token value is increasing, and its unique selling points are its use cases, utility, and real-world application. “Mehracki” refers to infusing soul, creativity, and love into all of your endeavours. The team believes that Mehracki is well-positioned to lead the meme coin revolution as evidenced by its goal of supporting initiatives and causes that use cryptocurrency to improve the world.
The idea behind Mehracki was to increase our enjoyment of cryptocurrency by adding more fun—beyond the usual meme experiences—by incorporating real-world use cases.
The utility model of MKI, which uses its token in transactions between customers and companies in specific categories, is one of its main selling points. Another benefit is how the Mehracki team encourages adoption by implementing a rewards system and gamifying transactional milestones. Additionally, it has real-world uses and enables users to exchange other cryptocurrencies for MKI tokens to use in the metaverse, DApps, and NFT marketplaces.
It should be noted that the Mehracki (MKI) token won’t be entirely free. Instead, a 0.5% fee will be added to every transaction to support the ecosystem’s staking incentives, payment incentives, liquidity pool, etc.