The cryptocurrency market is in flux, with many tokens seeing significant price fluctuations. BudBlockz (BLUNT) has seen a 210% price increase up to stage 4 of the presale, while BNB, XRP, and Cardano have seen declining prices.
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BudBlockz (BLUNT)
BudBlockz (BLUNT) is an innovative blockchain-based project aiming to connect cannabis enthusiasts with the cannabis market in a legal and decentralized way.
BudBlockz aims to partner with cannabis dispensaries and farms to provide seed-to-sale logistics data at the click of a button to users privately and securely.
All trade is done on the BudBlockz’s marketplace utilizing its native token, BLUNT. Also, BudBlockz plans to launch a decentralized exchange known as BudSwap, where its users can participate in decentralized finance (DeFi) solutions to earn a passive income.
Many crypto analysts have predicted that BudBlockz’s worth will rise thanks to its excellent features and applications, as the token anticipates surpassing BNB, XRP, and Cardano in 2023.
The team has proven that the BudBlockz will be a safe investment by completing audits with top auditing companies in the crypto space, SolidProof, and Solidity Finance.
As a result, many investors are rushing to purchase the BLUNT tokens at the presale as the project is considered safe, with the potential to make up to one hundred times returns in 2023.
The BudBlockz’s tokens are selling at $0.046 in the ongoing presale. However, this is expected to rise with early investors making profits.
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Binance Coin (BNB)
Binance Coin (BNB) is a crypto token that is used for trading and paying fees on the Binance exchange platform.
The Binance Exchange is the largest cryptocurrency exchange in the world as of today, facilitating more than 1.7 million transactions per second.
Users of BNB receive a discount on transaction fees on the Binance Exchange as an incentive. BNB can also be exchanged or traded for other cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, etc.
Binance Coin was created in 2017 and initially worked on the Ethereum blockchain with the token ERC-20 before it became the native token of Binance’s blockchain, the Binance Chain.
Despite Binance (BNB)’s success, the coin has seen a downtrend since 2022, and its 24-hour trading volume has dropped nearly 50%.
This could be due to the overall bearish sentiment in the crypto market or investors losing confidence in Binance (BNB) exchange.
Ripple (XRP)
Ripple is a payment settlement system and currency exchange platform that can process transactions globally.
Ripple was designed from the very beginning to replace SWIFT (a leading money transfer network) or the settlement layer between major financial institutions.
It is a trusted agent between two parties in a transaction, as the network can quickly confirm that the exchange went through adequately.
Ripple can facilitate exchanges for various fiat currencies and crypto tokens, such as Bitcoin and Ethereum.
Ripple (XRP) has a considerable amount of catching up to do, regarding features and functionality. With the company currently under scrutiny from SEC, it needs to win the case to prove itself as a reliable and safe option for investors.
Cardano (ADA)
Cardano (ADA) is a decentralized proof of stake (PoS) blockchain designed to be a more efficient alternative to proof of work (PoW) networks.
Cardano is one of the biggest crypto projects by market cap. It is designed to be a next-gen evolution of the Ethereum idea — with a blockchain that is a flexible, sustainable, and scalable platform for running smart contracts. Which will allow the development of a wide range of decentralized finance apps, games, new crypto tokens, and more.
Cardano is not a fundamentally safe investment. The platform’s native token, ADA, is volatile and considered high-risk by traditional standards.
Use promocode: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: thinkbitcoins