Should I Invest In Crypto? How Shiba Inu (Shib), Floki Inu (Floki) And Mehracki (Mki) Compare
-
Loading... - Jeanne Abadie
- 23 Jun 2022
- 163 Views
- 0 Like
- 0 Comment
If there is one sector in the crypto market that has truly evolved, it’s meme coins. As the first-ever meme coin, Dogecoin (DOGE) was created as a joke, but it soon became one of the biggest cryptocurrencies within the market. Since then, we have seen various meme coins grow in popularity, and some even have the likes of Elon Musk.
Three significant meme coins in the market include Shiba Inu (SHIB), Floki Inu (FLOKI) and Mehracki (MKI). As some are more established than others, let’s see how they compare and hold up in the market.
Shiba Inu (SHIB)
Shiba Inu is the second-largest meme coin, with the first being Dogecoin. Created after seeing the success that DOGE was able to reach, Shiba Inu aimed to follow the same level of success that it managed to achieve.
Given the current market situation, many are wondering, ‘Should I invest in crypto?’, and whilst there is no risk-free answer, if there are any coins to invest in given the market crash, SHIB would be one of them. Not only has it always been a market leader alongside DOGE, but it has held its position and is currently ranked in the top 20 cryptocurrencies on CoinMarketCap. This means that it has enough stability to potentially survive and eventually rise again.
Playing an influential role in the market, many meme coins aspire to follow SHIB’s success.
Floki Inu (FLOKI)
Inspired by Shiba Inu, Floki Inu is described as ‘the people’s cryptocurrency’. By combining memes, charitability and real-life utilities, FLOKI aims to give people power and opportunity instead of venture capitalists and hedge funds.
Like most meme coins, Floki Inu targets the community by fulfilling their wants and needs. As a somewhat newer crypto project in the market, the main reason it stands out is because of its charitable nature. Enforcing the message that crypto and blockchain technology is only good if it benefits individuals and contributes to the world being a better place. Hence, FLOKI’s core vision is to build a school in every continent and every underdeveloped nation of the world.
While many crypto projects claim to put the community first, not many make big statements and have big visions as Floki Inu does. This is a great way to attract investors as they are contributing to world education.
Mehracki (MKI)
Have you ever thought to yourself, why should I invest in crypto? Well, Mehracki has the answer.
Named after the Greek term ‘Meraki’ which means conducting tasks with love, soul, and creativity, Mehracki has altered its spelling as it aims to remove the ‘meh’ feeling many investors feel right now in the crypto world. Mehraki essentially aims to put the love, soul, and creativity back into the crypto space which shows its core values.
Like many meme coins are, MKI is a community-based crypto project and ensures to place trust and transparency as its main focus. With the aim to develop its ecosystem, Mehracki has the potential to grow and follow the success of Shiba Inu once it has launched.
So, Should I Invest in Crypto?
Simply put, yes. Although there is a risk with any investment, if you have done your research beforehand and only invest what you can afford to lose, there is no reason why you shouldn’t. Whilst SHIB, FLOKI, and MKI are all strong projects, MKI is probably the best option right now as it is in presale and token prices are low. Read More…
