When the bear market hit, almost all cryptocurrencies, including Chainlink (LINK) and Cardano (ADA), declined in value. Investors are now looking to diversify their portfolios and invest in more stable currencies like BudBlockz (BLUNT).
For starters, Chainlink recently made headlines for their new version 1.9.0 node software update, an upgrade that promised to improve the flexibility and management capacity of oracle jobs.
LINK press time gave it the attention it needed, and according to CoinMarketCap, its price has increased by more than 7% this week.
Chainlink traded well until following the market uptick over the past seven days. It has also endured an increase in network volume, indicating a further rise in price in the coming days.
Cardano (ADA) is also experiencing an increase in its network activity, recording a peak transaction rate of 97,959, representing a 75% increase since previous months. But even amidst these breakthroughs, renowned market analysts still have some doubts surrounding Cardano’s short-term future.
Jason Pizzino was quoted as saying, “I don’t think ADA is going to hold out. I don’t think it will be back above $0.60 anytime soon.”
From a Unique Point of View
The BudBlockz BLUNT token, whose intended purpose is to revolutionize legal marijuana, has been making headlines since the project was announced in August 2022. The BLUNT token promises feature like decentralized eCommerce, access to global cannabis dispensaries, play-to-earn gaming, and an exciting NFT collection.
So far, the BudBlockz presale has been tremendously successful, growing in value by over 120% and raising over $1 million in the process. But that’s just the start as the BudBlockz team prepares to release its Ganja Guru NFT collection before the end of 2022
BudBlockz is taking up a unique position within an already booming cannabis industry. It has been predicted that the global cannabis market will be valued at over $175billion before the end of this decade. Looking at the potential of BudBlockz and the innovation it will bring to the sector; there is no reason why BudBlockz can not be a significant player and have BLUNT become a leading payment option in the CBD revolution.
The BLUNT token will primarily serve as a currency for settling payments between cannabis enthusiasts, Guru NFT holders, investors, and traders within the BudBlockz community and outside the BudBlockz ecosystem.
BudBlockz has proven to be an exciting project in its infancy. If the success of recent leading presales such as StepN and Tamadoge is anything to go by, the success can last a while, netting investors a pretty penny along the way.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
