Could The Meme Tokens Apecoin (APE), Akita Inu (AKITA), and Mehracki Token (MKI) Be The Latest ‘Ethereum Killers’?
Ever since its launch in 2015, Ethereum (ETH), the world’s first blockchain network for smart contracts, has grown to become one of the world’s biggest crypto and blockchain platforms, second only to the first crypto, Bitcoin (BTC). Ethereum (ETH) hosts various decentralised applications (dApps) worth well over $100 billion and has achieved much success in its seven-year history. Mehracki news..
Despite this, Ethereum (ETH) has come under extreme scrutiny in recent times due to the platform’s rising transaction costs and lack of scalability. Rival blockchain platforms have taken advantage of this to position themselves as viable alternatives to Ethereum (ETH), the most recent being three meme tokens. Apecoin (APE), Akita Inu (AKITA), and Mehracki Token (MKI) are posing to be the latest ‘Ethereum Killer’ on the market.
Apecoin (APE) Builds on the BAYC Fame
As a member of the Bored Ape Yacht Club’s ever-expanding ecosystem, Apecoin isn’t like other meme coins. It serves as both a governance and utility token for the Bored Ape and Mutant Ape NFT collections. More recently, it was utilised as a form of payment for land on the Otherside, a new metaverse project. It is both a meme and metaverse token, a first of its kind versatile crypto.
Apecoin (APE) is an Ethereum-based utility token designed to act as a reward for holders of the popular NFT collection, Bored Ape Yacht Club (BAYC). There are 1 billion Apecoin (APE) tokens in total, but less than 50% are in circulation. Many of the tokens from the total supply will vest in the coming years. BAYC and MAYC NFT holders are entitled to a particular amount of Apecoin (APE), which they can claim on the official Apecoin website.
Apecoin (APE) is the creation of Apecoin DAO, a decentralised autonomous organisation, that governs the token and is in charge of making important decisions that affect its future. Additionally, the token can be used for payments and transactions on Web3 apps of all sorts.
Akita Inu (AKITA) Comes Fully Decentralised
Very few crypto projects can boast of being 100% decentralised, with no founder or team tokens. A community-driven experiment that has come this far and accomplished this much is deserving of much praise.
Akita Inu (AKITA) is a decentralised meme token built on the Ethereum (ETH) network using the ERC-20 protocol. The token is used for interaction with the AKITA network and serves as a governance token used for voting on the movement of the community.
Akita Inu (AKITA) is highly affordable and is known all around the crypto community for its fast-paced development in association with the Polarfox community. The token is available for trading and swapping on decentralised exchanges (DEXs) such as Uniswap (UNI).
Mehracki Token (MKI) Enters the Market
Meme coins have come under increased scrutiny in recent times due to an absence of use cases, real-life applications, and utility for the tokens. This is a significant reason why some crypto players have refused to involve themselves with the token. Such issues are pretty severe because they lower the token’s chances of reaching mainstream adoption. Now more than ever, the meme coin ecosystem needs a project that can transform the perception of meme coins by providing a framework upon which real-life applications and use cases can be established. Mehracki is that project.
Mehracki Token (MKI) is a community-driven meme currency that is built on the Solana network. Through several exciting features, the Mehracki Token (MKI) seeks to help users generate wealth and redefine the Meme coin ecosystem and elevate it to a position of reverence. Mehracki Token (MKI) will provide access to cheap, fast, and borderless transactions. The project will focus on providing its services to industries of hospitality and tourism to foster communication and understanding.
It is essential to carry out personal research before investing in the crypto market. It would be interesting to note the future of Ethereum in the context of innovative coins developing rapidly.
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