Inflation and its effects have been discussed in various forums for months. Growth stocks in the market yield lower returns than value stocks, and the purchasing power of currencies is falling every day. In the midst of this, people are looking for solutions in cryptocurrencies as they are not affected by the factors that cause inflation and hyperinflation.

• Bitcoin deepened its declines and reached $22,520

However, it is important to note that not all coins or tokens are inflation safe. The founders and team behind successful networks like Mehracki (MKI), Stellar (XLM), and Algorand (ALGO) applied cryptographic techniques to combat crypto inflation each of these tokens.

Mehracki Symbol (MKI)

By following in the footsteps of pioneering meme coins like Mehracki Token (MKI), Dogecoin (DOGE) and Shiba Inu (SHIB), creating a better image for meme tokens in the crypto market, making the earning process fun, mentally stimulating and actionable. users.

Mehracki Token (MKI) goes beyond the written record of meme tokens using social media, effective support and hype to create use cases for MKI and the platform.

MKI will be a change agent in the tourism sector; real-life applications will implement token use cases and ultimately protect against stagflation.

Star (XLM)

This is an open-source protocol that makes it easy for people to send the tokenized value of any fiat currency and other stores of value in the form of digital currency. This token was released in 2014 by Ripple co-founder Jed McCaleb, the main difference being that while Ripple serves mainstream institutions and companies, Lumens can be used by individuals.

The aim of Stellar (XLM) was to bring fiat currencies into a space where virtual and decentralized transactions can be carried out. Wide adoption of Fiat and the speed, security and better transaction rates of the blockchain are the advantages of the financial platform.

XLM provides cross-entity value transfer from users to anyone with a Stellar (XLM) address; regardless of currency type, store of value and fee. The platform also has a protocol designed to disable inflation, making it an anti-inflation crypto.

Algorand (something)

Algorand (ALGO) is a decentralized blockchain platform that acts as a meeting point between the traditional financial system and the world of decentralization.

The local currency ALGO is used to maintain the network and reward operators. Algorand (ALGO) uses a unique consensus algorithm known as pure proof-of-stake. Unlike common PoS where multiple coins have to be staked and are often high, users only need one ALGO token.

Algorand (ALGO) has a set of blockchain solutions that bring speed, scalability and security to the platform, and the team behind the network plans to make the token deflationary sometime soon.

The consumer price index rose during the 2021 inflation and hit an all-time high since 1981. This means bad news for economies. But these three tokens have shown that while inflation can affect cryptocurrencies, they are likely safe options for people.

For more information about Mehracki Token (MKI): pre-sale, Web site, Telegram