When the bear market hit, nearly all cryptocurrencies, including Chainlink (LINK) and Cardano (ADA), lost value. Investors are now looking to diversify their portfolios and invest in more stable currencies such as BudBlockz (BLUNT).
For starters, Chainlink recently made headlines for its new version 1.9.0 node software update, which promises to improve the flexibility and management of oracle jobs.
LINK press time gave it the attention it needed, with its price up more than 7% this week, according to CoinMarketCap.
Chainlink traded well before following the market up over the past 7 days. It also experienced an increase in network volume, suggesting further price increases in the coming days.
Cardano (ADA) is also seeing increased network activity, with a peak transaction rate of 97,959, a 75% increase from previous months. But even amid these breakthroughs, prominent market analysts still have doubts about Cardano’s short-term future.
Jason Pizzino was quoted as saying, “I don’t think ADA will hold on. I don’t think it will go back above $0.60 anytime soon.”
from a unique perspective
The intended purpose of the BudBlockz BLUNT token, which is to revolutionize legal cannabis, has been in the headlines since the project was announced in August 2022. The BLUNT token promises features such as decentralized e-commerce, access to global cannabis dispensaries, playing games and earning money. An exciting collection of NFTs.
BudBlockz’s pre-sale has been very successful so far, increasing its value by over 120% and raising over $1 million in the process.But this is just the beginning, as the BudBlockz team prepares to release its Ganja Guru NFT series by the end of 2022
BudBlockz occupies a unique position in the already booming cannabis industry. The global cannabis market is forecast to be worth more than $175 billion by the end of the century. Looking at the potential of BudBlockz and the innovation it will bring to the industry; there is no reason why BudBlockz cannot be a significant player and make BLUNT the leading payment option in the CBD revolution.
The BLUNT token will primarily be used 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. If the success of recent leading pre-sales such as StepN and Tamadoge is anything to go by, the success can continue for a while, delivering solid gains for investors in the process.
Learn more about BudBlockz (BLUNT) at the following links:
Official website: https://budblockz.io/
Pre-sale 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
Source of information: Compiled from BLOCKCHAINREPORTER by 0x Information.The copyright belongs to the author Max Clark and may not be reproduced without permission