The past few months have characterized a downturn in cryptocurrency prices, and many crypto enthusiasts are having bull market vs. bear market crypto discussions. In cryptocurrency, a bull market refers to the upward movement of crypto assets; the value of such assets is increasing. Bear market, on the other hand, refers to the downward trend of crypto assets; the value of such assets is reducing.
But as the crypto market history and bull market vs. bear market analysis have it, bear markets are the best times to invest in crypto coins before bull runs swing in again. In view of this, let’s examine Mehracki Token (MKI), Solana (SOL), and Binance Smart Chain (BNB).
Solana (SOL) is no doubt one of the most extensive growing ecosystems in the cryptocurrency market, and it is also one of the fastest blockchains with thousands of decentralized projects, NFTs, Web 3.0, and others. The scalability of the Solana (SOL) ecosystem is also one of the best, as transaction costs for both developers and users remain at $0.01— you can integrate once and never worry about scaling again. The network of the Solana (SOL) ecosystem is very secure as it is spread over thousands of independent nodes.
The lightning-fast speed of Solana (SOL) and its exceptional use case makes it a mainstay in the crypto space. Solana (SOL) is the no. 9 crypto with a market capitalization of more than $10 billion.
Binance Smart Chain (BNB)— Wide Range of Cryptocurrency Functionality
Binance Smart Chain (BNB) is one of the most prominent blockchains in the crypto space, with a wide range of crypto transaction functionality. Binance Smart Chain (BNB) offers a wide range of token swaps, decentralized money markets, and NFTs for investment on the network.
Binance Smart Chain (BNB) also offers a range of wallets, including MetaMask, TrustWallet, and its Binance Chain Wallet. BNB also has features including PancakeSwap, Venus, Autofarm, and others allowing investors to borrow, swap, or yield tokens. The wide range of crypto usability offered by Binance Smart Chain (BNB) makes it well placed to survive the bear market in 2022.
Mehracki Token (MKI) is a community-driven meme coin hosted on Solana (SOL), but this is a meme coin like no other. Different from other presale tokens, Mehracki Token (MKI) is advocating for a feel-good environment that discourages worrying worldwide while pulling global support, travel initiatives, tourism, and meme sharing.
Mehracki Token (MKI) will launch on August 22, 2022, and each transaction will carry a 0.5% charge which will be used to maintain the ecosystem through staking rewards, encouraging payments with MKI tokens, liquidity pool, and rewarding all developers for network upgrades. With a roadmap on track to change the convention of meme coins, Mehracki Token (MKI) looks like it will be worth it.
The bear market 2022 currently facing the crypto market will end in a bull market. The BNB, SOL, and MKI tokens look like worthy coins to buy now to reap huge profits in the upcoming bull run.
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