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While Ripple (XRP) and Stellar (XLM) continue to underperform, a newer token called BudBlockz (BLUNT) is on the rise.
Still, just in stage four of its presale, many analysts have projected BudBlockz (BLUNT) to rise more than 3,000% in the coming months.
Let’s explore the details of why Ripple (XRP) and Stellar (XLM) are doing so poorly, as well as why BudBlockz (BLUNT) is on the rise.
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After the legitimization of cannabis in many countries, the business has developed spectacularly. But, be that as it may, this development effort has run into obstacles due to the need for a decent advertising system. BudBlockz, through its decentralized online e-commerce platform, aims to solve these challenges.
BudBlockz seeks to revolutionize the cannabis market in 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 securely and privately sell or buy cannabis products.
- BudBlockz will make it easy to break up global cannabis businesses like farms and dispensaries, meaning anyone can invest for as little as $50.
- Holders of BudBlockz’s native token, BLUNT, 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 predicted to be worth over $200 billion by 2030.
BudBlockz’s early successes during the pre-sale stages have led many industry experts to predict that the BLUNT token will outperform other prominent utility tokens such as Ripple (XRP) and Stellar (XLM) by 2023.
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Ripple (XRP) is a cryptocurrency that was introduced to reduce cryptocurrency exchange fees and bring users closer to a more secure and easy-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 make it easier to exchange cryptocurrencies.
However, the dispute over the decentralization of Ripple (XRP) and the SEC lawsuit has raised doubts among investors and users, who question the chances of the token to emerge unscathed from the current crisis.
The SEC’s lawsuit against Ripple plays a vital role in the growth of the coin, and with the volatility of the market, establishing a clear picture is difficult until the outcome of the courts is known.
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 currency more fluid, allowing people to participate in the global economy.
Consumers can easily use Stellar to make financial transactions with any currency. But instead of exchanging or sending the actual currency, they send a digital representation of it.
Stellar is based on similar blockchain technology used by many other cryptocurrencies, but claims to do it faster and cheaper.
Lumens are native Steller tokens designed to create friction in your system. Because Stellar is an open source platform, the founders were concerned that 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 be successful. Another concern is that Stellar has similar uses to Ripple’s payment protocol, but Ripple’s native token XRP has a much larger market capitalization.
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Buy or learn more about BudBlockz (BLUNT) at the links below:
Official Web site: https://budblockz.io/
Pre-sale registration: https://app.budblockz.io/sign up
BudBlockz Community Links: https://linktr.ee/budblockz