The cryptocurrency market is at its lowest level since the current market downturn started at the time of writing. The market has been rattled by the crypto collapse, as Bitcoin (BTC) has fallen nearly 8% in the previous 24 hours. Mehracki and Nexo news..
As the value of the largest currencies continues to decline, it can be time to place your confidence in presales.
A cryptocurrency project undergoes a presale period before debuting publicly. This motivates people to invest in the project for minimal token costs, infusing quick money while establishing a community. In light of the market’s volatility, investing in presales is an intelligent method to generate short- and long-term profits.
We’ve uncovered two coins that can be valuable in the future for avoiding inflation and generating enormous rewards. Nexo (NEXO) and Mehracki (MKI) are the two coins in question.
According to its website, Nexo (NEXO) is a lending protocol in the decentralised finance (DeFi) market.
The protocol generates cryptocurrency-backed loans in which tokens can be pledged as collateral in return for fiat cash or stablecoins.
In addition to rewarding customers for keeping a variety of cryptocurrencies, the website provides higher interest rates for fixed-term periods.
Nexo (NEXO) offers a wallet that allows users to buy, trade, borrow, and earn interest on their cryptocurrency holdings. To earn interest, users must transfer cryptocurrencies to their Nexo wallet or purchase them on Nexo’s exchange.
Users can receive their returns in the same currency as their initial payment or in NEXO tokens.
Nexo offers interest on dormant cryptocurrencies, similar to how banks pay interest on consumer savings accounts. The fundamental contrast is in the interest rate and the value of the assets obtained as a reward, including any cryptocurrency and the NEXO token.
Moreover, it has partnered with MasterCard to offer a crypto payment card similar to a debit or credit card, allowing users to spend their digital assets in various venues.
Mehracki (MKI) is a community-driven and Solana (SOL)-based currency for positive memes. The platform intends to provide meme currencies with actual usefulness.
This inclusion into the real world implies that Mehracki (MKI) users, particularly hospitality company owners and visitors, will be able to utilise Mehracki’s native token (MKI) to conduct inexpensive, quick, and borderless transactions.
Using the Solana (SOL) blockchain, which can produce 50,000 transactions per second, the blockchain platform intends to do this.
The Mehracki (MKI) Token enables users to conduct transactions independently of a third party. It also allows customers to get enticing discounts and benefits anytime they make reservations or complete transactions on the blockchain network.
As a community-driven meme currency, Mehracki (MKI) will empower any active holder of MKI tokens to govern the platform by participating in future Mehracki-related decision-making.
NFTs can be monetised and traded for long-term benefits. Users can earn NFTs depending on the frequency of their transactions. This implies that the more spent, the greater the amount of uncommon NFTs earned that can be sold on an NFT marketplace.
In addition, company owners will be able to construct NFTs to provide clients with discounts and unique offers.
MKI holders can get passive income via the storage of crypto assets. On the platform, lending and swapping can earn users incentives. Participants can profit passively by securing their tokens in smart contract-gated liquidity lenders can borrow.