Will Cryptocurrency Recover After Bear Market? Focus on 3 cryptos: Uniswap (UNI), XRP (XRP) and Mehracki Token (MKI)

A bear marketis characterized by an imbalance between supply and demand, lower morale and lower prices, according to analysts and cryptocurrency experts. It also suggests that there is a decline between 10 and 20% per year. the cryptocurrency market will have to bounce back 25% after a 20% loss to break even, which is one of the inconvenient facts cryptocurrencies have to deal with.

Although a bear market points to falling stock prices, this could be the perfect time for novice investors to buy the dip, expand their portfolio and potentially earn high returns. Mehracki Token (MKI), Uniswap (UNIA) and XRP (XRP) are three excellent cryptocurrencies that can help novice investors diversify and grow their investment portfolio.

Uni swap (UNI)

Uniswap is one of the most investable cryptocurrencies today. Also described as a DeFi king, Uniswap is an Ethereum-based (DEX) based decentralized exchange that directly connects buyers and sellers of various digital assets. When a cryptocurrency makes progress that can affect its usefulness and accelerate its adoption, it is one of the ideal times to invest in it. The most recent significant change at Uniswap is the launch of Optimism, a product that has been in development for two years. Scalability, near-instantaneous transactions, and the ability to pay gas fees in any token are some of the advantages.

the fair Uniswap is an automated market maker. This type of decentralized exchange offers many token trading pairs. Transactions take place through smart contracts and prices are determined by mathematical algorithms. The exchange has liquefied pools that it needs to operate. When users transact, liquidity pools are tapped. The main differentiation of Uniswap from other decentralized exchanges is the application of a pricing mechanism called “Constant Product Market Maker Model”. By funding it with ETH, the ERC-20 token being traded is comparable, any token can be added to Uniswap. UNITED is the native cryptocurrency of the Uniswap platform.


One of the first cryptocurrencies, Ripple Labs, which was founded in 2013, uses XRP as a native token. XRP, which is currently ranked sixth by CoinMarketCap, has always been one of the top 10 cryptocurrencies. The XRP coin is used to speed up the current outdated and slow system and to enable cross-border payments. Using technology from Ripple Labs, money can be transferred between countries quickly and at a low XRP cost.

Most people refer to XRP and Ripple are interchangeable. However, it is important to understand that there is a difference between the two. While XRP is a crypto tokenRipple is a for-profit company that helps develop and promote XRP. Conventional fees are not incurred on every transaction made on the XRP platform.

Mehracki Token (MKI)

As the blockchain market generates more and more competitiveness, utility tokens are essential to the success of projects. Mehracki’s native piece, MKIverifies transactions are in ecosystem. In addition, it acts as a single point of exchange of value between tourists and the tourism industry. Adoption rate is low for most meme coin initiatives because users are not getting enough rewards but Mehrackic offers various adoption incentives. The development team points out that customers have access to a wide variety of prizes, promotions and events.

the ecosystem from MKI is designed to provide a simple, engaging and useful experience. Usually, the publicity surrounding meme pieces determines their popularity. However, Mehracki’s scope of application is based on reality. The project should be the primary payment method in sectors such as travel and tourism that affect people’s quality of life. It allows people to travel the world, book hotels and enjoy a variety of other shopping opportunities with MKI tokens. the token MKI is the first of its kind with all these new features.

For more information about the Mehracki Token, see the links below:

Presale: https://presale.mehracki.io/register

Website: https://mehracki.io/

Telegram: https://t.me/Mehracki_Official

Leave a Comment