3 Cryptos to Have in your Portfolio – Ethereum Classic (ETC), Aave (AAVE) and Mehracki (MKI)
From its first stage of presale to the third, Mehracki (MKI) has raked in massive profits and turned around the finances of the investors. Ready to dive in? Remember, we’ll always advise that you DYOR (do your own research). We have provided information to make your decision a little easier.
Keep reading to find out more about the three high-profit cryptocurrencies to have in your portfolio.
Ethereum Classic (ETC)
Ethereum Classic (ETC) was formed in 2016 as part of efforts to rectify the hack of The DAO, a smart contract that operates on the Ethereum (ETH) blockchain. The blockchain was split in two after a hack was conducted on the DAO, most of the users voted to return the stolen funds and reverse the blockchain to how it was prior to the hack.
Ethereum Classic solves the issue of having to use third party financial providers such as banks and other financial institutions. It accomplishes this by giving users a permissionless tool to manage their digital assets. The network allows you to rewrite, deploy and execute uncensorable smart contracts. ETC enables programmable money.
According to research, an Ethereum Classic price prediction for 2022 suggests that the coin could go as high as $42 this year before reaching $50 in 2023 and $51 in 2024. After 2022, it is projected to sell at around $62, while in 2030, it could reach as high as $195.
Aave (AAVE) is an open-source DeFi protocol that gives lending and borrowing alternatives to users. Founded in 2017 and based in Switzerland, Aave (AAVE) is one of the outstanding platforms trusted by thousands to entrust their crypto for borrowing and lending purposes.
Aave (AAVE) was originally created on the Ethereum network, with all the tokens on the network utilizing the Ethereum (ETH) blockchain to carry out deals. Aave has since improved and is now available on other platforms, including Avalanche (AVAX), Fantom (FTM), and Harmony (ONE).
Aave (AAVE) uses a decentralized autonomous organization or DAO, which allows individuals or organizations with AAVE tokens to vote and make decisions on the platform. Aave (AAVE) lets users earn interest from lending their crypto, offering an incredible way to gain income safely.
Lenders don’t have to deal with any financial intermediaries or any form of third parties as it is a decentralized network making the whole lending process much faster and easier.
Mehracki (MKI) has leant into the strengths of meme tokens such as strong communities whilst providing use cases. The token utilises the strengths of the Solana blockchain and as a result, has near-instant transaction speed and has the potential to scale. MKI will be primarily used to improve the user experience of the already well-established hospitality and tourism industries with small fees.
Mehracki (MKI) is an ecosystem that seeks to provide the users with an independent and affordable utility token, Decentralized Autonomous Organization (DAO), Staking and NFTs
Mehracki appears to have a useful place for those who incorporate it into the real-life scenarios it has been designed for, this market edge could see the value of the token appreciate as it gets closer to launch. There are several reasons MKI may be adopted by the masses.
To start with, MKI is built on a utility model, in which case the token is utilized in transactions between customers and businesses in the mentioned categories. Again, the Mehracki team provides incentives for adoption, introducing a rewards system and gamifying milestones per transaction. Further, it features real-life applications and allows users to swap other cryptocurrencies with MKI tokens for utility purposes, including the metaverse and NFT markets.
Finally, it features an ecosystem that is simplified, interactive, and user-friendly. Mehracki (MKI) token has a transaction fee that will charge 0.5%, this is done to essentially maintain the ecosystem, staking rewards, incentivizing payments, liquidity pool, etc.
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