Just a couple of days ago, a press release by the three arrows capital (3AC) announced that over $200 million had been lost from the catastrophic collapse of Terra Luna, and right now, they have begun mobilizing legal and financial experts to help out with getting them out of the mud they are stuck in.
The Terra Luna situation was catastrophic as LUNA lost nearly 100% of its market valuation in one week. This all happened after terraUSD (UST) lost its peg to the US dollar, with the stablecoin plummeting in price.
With the recent and gradual fall of the crypto market, the fear index is through the roof, and there has been a massive sellout. Bitcoin (BTC) has taken a dive from tits all-time high at $69k and is presently trading at just under $21k, registering over 70% loss in valuation since its peak in 2021.
What are the best blockchain stocks to buy in the heat of the dip and market crashes? What crypto tokens should you invest in right away? Double-edged answers. Metaverse coins like Mehracki Token (MKI) and Gala (GALA) can expand your reach and diversify your investment options.
Let’s review these blockchain crypto gems.
Mehracki Token (MKI)
The Solana (SOL) blockchain is the foundation for Mehracki Token (MKI), a metaverse meme token fueled by the community. Mehracki was designed to be a hands-on learning tool for anyone new to the cryptography world. Using memes as a teaching tool will allow these new investors to grasp crypto principles in a less stressful atmosphere.
Mehracki Token (MKI) will assist with the promotion of several different ideas, including the Metaverse, NFTs, and DeFi. It will do this by enlisting the help of the public. By compensating community members for their involvement via stakes and other incentives, it will also encourage engagement. In addition, Mehracki (MKI) will mint NFTs for the community’s most active members (depending on the amount of money they spend and the number of transactions they complete), which will increase their voting privileges.
The MKI Token may outperform any stock index in the long run. It will be available for pre-sale shortly, and you may stockpile many units with the hopes of reaping significant long-term rewards.
Gala (GALA)
Gala is an open-source Ethereum blockchain-based gaming and metaverse platform developed by the Gala team. The initiative’s goal is to regain control by placing it in the hands of the people.
As a result of the Metaverse’s debut, video gaming has already undergone a paradigm shift. It’s now feasible to make money while playing the games we love. When it comes to crypto games, there’s no better place to start than Gala (GALA). It’s just a matter of time until the value of Gala (GALA) rises as more and more “play to earn” games are produced.
Even though the ecosystem now just offers one game, the cost is expected to rise by 30,000 by 2021. Gala (GALA) seems to be one of the most promising beneficiaries of the Metaverse and NFTs.
MKI is a community-focused initiative whose DAO will let people decide its direction. It would also make its tokens interoperable with numerous protocols, allowing for easy transfer. With these concepts in mind, it looks to be a great option for your portfolio.
Presale: https://presale.mehracki.io/register
Website: https://mehracki.io
Instagram: https://www.instagram.com/mehrackitoken
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
