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While Ripple (XRP) and Stellar (XLM) continue to perform poorly, a newer token called BudBlockz (BLUNT) is on the rise.
Still, only in stage four of its presale, BudBlockz (BLUNT) has been projected by many analysts to rise over 3,000% in the coming months.
Let us explore the specifics of why Ripple (XRP) and Stellar (XLM) are doing so badly, as well as why BudBlockz (BLUNT) is on the rise.
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BudBlockz (BLUNT)
After the legitimization of cannabis in many countries, the business has developed dramatically. But, be that as it may, this development endeavor has confronted deterrents because of the need for a decent publicizing system. BudBlockz, through its decentralized online e-commerce platform, aims to solve these challenges.
BudBlockz seeks to revolutionize the cannabis market into a more open, democratic, and accessible environment. The company plans to achieve this by employing blockchain technology to create an environment characterized by security and privacy.
3 Reasons to Invest in BudBlockz
- BudBlockz aims to bring together a global community of cannabis users and businesses in one place where they can sell or buy cannabis products securely and privately.
- BudBlockz will facilitate the fractionalizing of the global cannabis businesses, such as farms and dispensaries, meaning anybody can invest for as little as $50.
- BudBlockz’s native token, BLUNT, holders will benefit from discounts, promotions, and automatic membership to the BudBlockz ecosystem, where they can access investment opportunities.
In addition to the many benefits of investing in BudBlockz, investors can expect the price of their BLUNT token to skyrocket. As the cannabis industry is anticipated to be worth over $200 billion by 2030.
BudBlockz’s early successes during the presale stages have prompted many industry experts to predict that the BLUNT token will surpass other prominent utility tokens such as Ripple (XRP) and Stellar (XLM) in 2023.
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Ripple (XRP)
Ripple (XRP) is a cryptocurrency that was introduced to reduce cryptocurrency exchange fees and bring users closer to a safer and easier-to-understand payment alternative.
Unlike many altcoins, Ripple (XRP) was created with the benefit of users in mind. Since its inception, its engineers and developers have invested their time and effort in creating connections that allow cryptocurrencies to be exchanged in a more straightforward way.
However, the dispute over the decentralization of Ripple (XRP) and the SEC’s lawsuit has raised doubts among investors and users, who question the token’s chances of emerging unscathed in the face of the current crisis.
The SEC’s lawsuit against Ripple plays a vital role in the growth of the currency, and with the market’s volatility, establishing a clear picture is complicated as long as the outcome of the courts is not known.
Stellar (XLM)
Stellar Lumens (XLM) is an open-source platform that allows its users to create, send, and trade digital representations of currency. The network was created as a barrier to entry to increase the effectiveness of the Stellar system.
The foundation’s mission was to make the currency more fluid, allowing people to participate in the global economy.
Consumers can easily use Stellar to make financial transactions with any currency. But rather than trading or sending the actual currency, they are sending a digital representation of it.
Stellar relies on similar blockchain technology used by many other cryptocurrencies but claims to do so more quickly and affordably.
Lumens are Steller’s native tokens designed to create friction in their system. Because Stellar is an open-source platform, the founders worried it would be too easy for bad actors to slow down the system with spam.
Stellar is volatile, and there is no guarantee that it will succeed. Another concern is that Stellar has similar uses to the Ripple payment protocol, but Ripple’s native token, XRP, has a much bigger market cap.
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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
