Inflation can eat into your profits and when you invest for the long term, you will need to select assets that can provide multi-bagger gains that remain profitable even after accounting for inflation.
Cryptocurrencies are one of the major investment instruments that could provide attractive profits even after adjusting for inflation.
Mehracki Token (MKI), Solana (SOL), and Binance Coin (BNB) are three such cryptocurrency tokens that can potentially provide good inflation-adjusted returns.
Let us find out more about the utilities and updates from these three coins.
Rewarding travel experience made easy with Mehracki Token
The MKI Token will be used to process transactions easily and quickly for travellers.
It will allow users to pay throughout the world in a single cryptocurrency without worrying about rapidly fluctuating exchange rates.
Travellers will be able to plan in a worry-free manner and will not have to worry about carrying too much cash.
Currently, exchange rates can affect your budget and limit your travel plans.
Very often, in remote areas, travellers have to depend on third-party unregistered agents for converting cash into local currencies at highly inflated rates.
All transactions will be powered by the MKI Token on the Solana network which is known for high-speed transactions.
A fixed flat fee will be charged instead of the dynamic fee model used by most traditional banking channels. This will help travellers to save and not have to pay expensive commissions.
Business owners will also benefit by incorporating the MKI token for payments.
They will be able to offer users attractive deals and not have to depend on third-party agents for fiat exchanges or bookings.
Right from trip planning to payments, everything can be done conveniently on the Mehracki ecosystem.
Users will also be able to earn rewards through feel-good NFTs, by staking their tokens, or by providing liquidity.
With many attractive use cases, the Mehracki Token could be a potential good bet to receive great gains and combat inflation in the future.
A presale will be organised by the team soon and you can accumulate huge volumes as it will be available at lower prices than similar cryptocurrencies.
Solana announces the launch of crucial QUIC upgrade
The Solana network has announced the launch of its QUIC upgrade or Quick UDP Internet Connection that will target bot transactions and bring better efficiency to the network.
Developers will be given time to update to this upgrade and it will be made default in the next planned version.
The SOL token is known for its high speed and low costs transactions and will now introduce fee prioritisation with the QUIC upgrade.
Bot transactions will also be reduced bringing higher transaction speeds to the network.
BNB might witness a price spike as Binance Pay integrated on the Binance NFT marketplace
Binance Pay is now officially integrated on the Binance NFT marketplace and the announcement was made by the official Twitter account.
Users will also be able to process payments faster with the integration of Binance Pay. It will help in a seamless payment experience across the Binance network.
The Binance Coin is one of the most promising cryptocurrencies as it is the native coin of the Binance exchange.
Holding the BNB Token provides many benefits such as attractive APYs, airdrops, and access to new token launches and it has provided great returns in the past even when adjusted for inflation.
The Mehracki Token could potentially generate a high return as new coins tend to moon soon after listing on major exchanges.
Binance Coin and Solana are also worthy bets as both have real-life applications and are widely used in the payment industry as well as for DeFi, and NFTs.
For More Information On Mehracki Token (MKI):