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With unrest in Kazakhstan, the world's second-largest center for bitcoin mining, over Bitcoin network power slumps and the Federal Reserve's recent signals for tapering and rate hikes in 2022, the year has not been kind to crypto investors. Thanks to this, BTC-USD) and other altcoins have seen a market-correction slump.
However, volatility is nothing new among crypto traders, and past downward corrections in Bitcoin almost often get followed by a strong reversal rally. This may in fact be a blessing in disguise, as now traders and investors can start anew. Many low utility and joke coins have lost favor in these uncertain times, prompting altcoin investors to instead buy into coins with utility and a strong community.
One such coin that made headlines on Nasdaq and InvestorPlace 7 Killer Cryptos to Buy for January was none other than the $MRHB token.
MRHB is another token in the crypto space that has survived the recent carnage. On Dec. 27, the token was trading at four cents. It’s already higher by over 200% at 13 cents.
So, what’s the differentiating factor?
MarhabaDeFi claims to be the first project in the decentralized world that builds a shariah-compliant suite of crypto financial solutions. According to CoinGecko, the project is focused on “Islamic Finance liquidity pool which is currently over $3 trillion in size, growing, and serves over 1,000,000 people globally”
Liquidity Harvester is one feature of MarhabaDeFi. It’s for income generation across a vast range of sharia compliant pools that will deliver APY in the range of 5% to 25%. The project also has a cross-chain DEX Aggregator that splits large orders across various decentralized exchanges to reduce the slippage. The launch of interest-free crypto financing is also on the cards in 2022.
With a lot happening in the NFT space, MarhabaDeFi has introduced Souq NFT. This is a NFT collection and creation platform. It also includes listing and auction marketplace.
Overall, MRHB token looks attractive with a diversified offering in an unexplored area of Islamic finance merging with the crypto world. It’s not surprising that the coin has been trending higher even as broad markets decline.
About MRHB DeFi
MRHB DeFi is a halal, decentralised finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.
The diverse team is comprised of researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.
MRHB DeFi Official Channels
https://mrhb.network
NFT Marketplace: https://souq.mrhb.network
https://twitter.com/marhabadefi
https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/c/MarhabaDeFi
https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Facebook: https://www.facebook.com/MRHB-DeFi-105893235209147
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR
Telegram (Persian): https://t.me/mrhbdefi_persian
Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi
