The last two years have seen an enormous rise in the popularity of cryptocurrency as a means of investing cash to make a profit. A recent study by Grayscale Investments shows that 55% of current Bitcoin (BTC) owners made their first investments in 2021. Mehracki news…
It seems that initial hesitation to invest in crypto due to perceived volatility in the market has evaporated. More and more investors are realising that, by carefully selecting a varied set of crypto tokens, risk can be minimised and profits can come easily and be substantial.
Let’s examine three crypto projects – Mehraki (MKI), Cronos (CRO) and Quant (QNT) – three cryptocurrencies with diverse features but one similarity – the potential for making huge profits.
Mehracki (MKI) – Putting the Love back into Meh
Mehracki (MKI) is a hot new meme coin, currently at the presale stage. A cryptocurrency presale is kind of like a crowd-funding event. It enables creators of a project to raise investment and popularity of a token before it launches into the market proper, without the risk of the price of the token falling.
The developers of Mehracki (MKI) changed the original spelling from ‘Mahracki’ to ‘Mehracki’, because they say they want to reflect how many investors are starting to feel about the sheer number of new crypto projects – a bit meh! They want to ‘put the love back into meh’, according to their website.
One of the ways they plan to do this is to give users more control. Mehracki (MKI) is a community-driven coin that will develop an ecosystem where the holders of the token can control the Mehracki (MKI) platform. Users will be able to send in suggestions for alterations in the operations of Mehracki (MKI) and vote on important decisions made by the core team as the platform develops.
By giving users a feeling of control and genuine inclusivity, Mehracki (MKI) is prioritising the feel-good factor and the sense of belonging for its investors.
Mehracki (MKI) will focus on the tourism and hospitality sector. Users will be able to travel while earning all manner of excellent rewards. You will have the ability to make payments easily in other countries using the MKI token, eliminating the punishment of over-priced commissions that occur when using fiat currency.
Quant (QNT) – The Crypto of the Elite
Quant (QNT) is a very different beast to Mehracki (MKI) and aims to be the chosen platform of powerful financial institutions, and indeed royalty, rather than building a community for the masses as meme coins do.
As of June 6th, Quant was enjoying a healthy rally of 5.12% with an overall volume gain of 30% on CoinMarketCap. This is mainly due to a Twitter post celebrating the Queen’s Platinum Jubilee. The post suggested that Quant (QNT) is about to produce a coin with the image of Queen Elizabeth II.
Quant (QNT) has even likened their coin to the Central Bank Digital Currency (CBDC). This is digital money that a bank, like the Bank of England, can produce. Quant (QNT) positions itself as a coin of the elite, and aims to succeed in the upper echelons of the financial world.
Supporting the universal adoption of the Distributed Ledger Technology (DLT), Quant (QNT) gives enterprises a simple integration framework, making the decentralisation procedure easier.
Quant (QNT) has seen a healthy rally of 3.7% in the last week, and is now trading at $64.56 on CoinMarketCap
Cronos (CRO) – An Investors Dream
Cronos (CRO) is the native token of the enormously popular Crytpo.com. Launched in 2018, it was originally called Crypto.org Coin. It rebranded last year to illustrate that Cronos (CRO) is more than just a crypto exchange, it is a programmable blockchain that plays host to a wide range of applications. It’s one of many Ethereum (ETH) alternatives that have found success as developers search for more fluid blockchains with lower costs.
Cronos (CRO) has been one of the true success stories of the cryptocurrency phenomenon. In 2019, Cronos (CRO) was sold at $0.012. It has since risen to a current price of $0.1713. To give you some idea of its astounding triumphs, the value of Cronos (CRO) rocketed 850% in 2021 alone! A truly mind-blowing uptick and a great example of how the life-changing profits that can be made in cryptocurrency.
It may be wise to have each of these cryptocurrencies in your wallet, as the future of profit-making could well be in the diversity of your investments.
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