Crypto winter has been harsh for many in the crypto projects. After explosive growth in 2017, the crypto market has been in a prolonged downturn, with many tokens plummeting.
However, there may be light at the end of the tunnel, as BudBlockz (BLUNT) has recently seen a 220% surge in price.
This has put the token ahead of Dogelon Mars (ELON) and Floki Inu (FLOKI), as both are experiencing bearish momentum, with both values dropping in recent weeks.
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BudBlockz (BLUNT) is a decentralized eCommerce platform focused on creating a transparent and secure supply chain for the cannabis industry. The platform will enable users, growers, and dispensaries to interact using its native token, BLUNT.
Many analysts believe BudBlockz will transform the cannabis and crypto market as it aims to reduce the gap between legal cannabis businesses and users.
BudBlockz has launched an NFT collection known as Ganja Guruz, with a supply limit of 10,000 units. Investors can buy or sell these assets on BudBlockz’s NFT marketplace.
Holders of the Ganja Guruz NFTs will become eligible for fractional ownership in BudBlock’s cannabis farms and dispensaries.
BudBlockz’s native token is known as BLUNT, which will be used for various transactional purposes on the platform, like NFTs, earning rewards, token swapping, liquidity management, and more.
BLUNT has garnered over 200% in price appreciation from the presale, significantly outperforming Dogelon Mars and Floki Inu, both popular crypto projects.
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Dogelon Mars (ELON)
Dogelon Mars (ELON) is one of many Dog-themed crypto tokens launched in 2021. The team describes it as a fair, universal token, for everyone and has touted it as an interplanetary token used by space colonizers.
In addition to being a crypto, Dogelon Mars is a character that stars in a comic series for sale as NFTs. Very ironic as you can only buy them using Ethereum (ETH).
Dogelon Mars launched on April 23, 2021. Unfortunately, there is no information available about the founder of the token. Also, the project does not have a white paper detailing its goals or purpose.
Although this cryptocurrency has built a large and passionate community, there are plenty of reasons to be wary of it.
Floki Inu (FLOKI)
Floki inu is a dog-themed meme coin built on the Ethereum blockchain. The Floki inu token lays its foundation on being a people’s cryptocurrency with a strong meme culture.
Team Floki is providing the opportunity for its users to explore cryptocurrency and blockchain technology through an NFT game, and as a bonus, users get paid while doing it.
Floki aims to help users purchase physical goods with cryptocurrency easily, with Floki tokens as the core payment mode. In addition, investors can shop online from over 1,700 stores via Curate’s NFT marketplace.
Additionally, Floki Inuversity will act as the premier cryptocurrency education platform for many users to increase cryptocurrency and blockchain understanding.
According to coinmarketcap.com, 100 wallets control 71% of the Floki tokens in circulation, which makes the asset vulnerable to rug pulls, which are scams that occur when majority investors manipulate an asset’s price to their benefit.
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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
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