With the current bearish market, almost all cryptocurrencies are trading lower than their all-time highs or values at the beginning of the year. Cryptocurrency investment is still active, and if interested in it, you might wonder which projects have bright futures for 2022 and beyond. In this article, we will discuss three projects with the potential for great returns and might make a great addition to your portfolio.
Feel Good With Mehracki (MKI)
With a vision to put the ‘love’ back into the ‘meh’ feeling that crypto users are feeling about the industry, Mehracki (MKI) was built. It is a community-driven meme token built on the Solana (SOL) network to make its users happier by creating wealth and championing feel-good activities. The project will have real-life applications with cheap, fast, and borderless transactions that would be focused on industries that are considered feel-good, like hospitality and tourism.
Mehracki users will be able to make transactions with the native MKI tokens and avoid high-cost third parties. In addition, they would enjoy activities and services that would improve their services, like the ability to run loyalty tokens for customers, having first-hand access to information on consumers’ behavior, and setting up a referral and feedback system. All these will be apparently available from the start. In the future, the project plans to create an ecosystem with a utility token, feel-good NFTs, DAO, staking, yield farming, and a platform where hospitality businesses will be displayed with honest reviews.
The token economics of Mehracki is pretty easy to grasp. The native token is MKI, and there would be a total fixed supply of 1,000,000,000,000 tokens, 36% of which is allocated to liquidity and presale. There’s also a 10% allocation for marketing which is pretty substantial and might reflect well on the project’s success. It launched its presale on the 17th of May, selling for $0.0000953. The presale will run till the 22nd of August, when it’ll launch.
Binance Launching Bifinity Spells Success For Binance Coin (BNB)
Binance is the top crypto exchange in trading volume, and the network’s native token is Binance Coin (BNB). The network has a fixed total amount of tokens in circulation, and it also burns about ⅕ of its profits every quarter, all of which goes a long way in increasing the value of its remaining tokens. The network also has two blockchains, which help to make it faster and more scalable than its rivals, increasing its adoption.
According to a report on CoinMarketCap, Binance Coin (BNB) is launching a fiat-to-cryptocurrency payment platform that is supposed to help merchants accept virtual currencies as payment. This payment platform will set a change in the path to crypto being relied upon in retail, and this should reflect positively on the Binance Coin (BNB)
Chainlink (LINK) Surges By Almost 25% Following Staking Roadmap Release
Chainlink (LINK) is a decentralized oracle network, and it has recently experienced a price increase despite the current bearish market after publishing a roadmap for staking. According to this press release, the network intends to introduce staking to its protocol. It is expected to increase its security, empower node operators, create sustainable rewards, and grow users’ participation in the community.
Chainlink (LINK) went up from near $7.20 to about $9.00 (at the time of writing) following the roadmap release, and although it has dropped to about $5, this update should positively impact the project’s future.