Are we in a crypto winter? Recent activities suggest just that. According to reports, the cryptocurrency market cap has lost over $1.63 trillion in the past year since peaking in November 2021.
Bitcoin, the largest crypto in the world, had a market capitalization of $1.28 trillion in November 2021, but fell to just $331 billion a year later. Ether is not doing any better, with its current market cap standing at $157 billion from $571 billion a year ago.
Tether’s market capitalization has also fallen to around $65 billion from its $83 billion in May 2022. FTX, one of the fastest growing crypto exchanges in the world, filed for bankruptcy on November 11 2022. BlockFi followed suit in the first week of December 2022.
Will BudBlockz Save Crypto?
Experts suggest investing in BudBlockz now will be a great start to surviving the crypto winter. Their advice has always been to diversify crypto investments. That’s why investing in a business with real-world significance is a step in the right direction – BudBlockz is exactly that.
BudBlockz is the first decentralized online e-commerce platform for cannabis enthusiasts. It is currently selling out quickly and interest is at an all time high. Over 63 million tokens have been sold at the time of writing, representing over 46% of available $BLUNT tokens.
The company’s goal is to provide cannabis enthusiasts with access to global markets (only where marijuana is legal) and to keep all transactions decentralized and private.
BudBlockz is also set to open dispensaries around the world where people can buy cannabis and other related products using $BLUNT. Some of the countries sought for BudBlockz dispensaries include Belgium, the Czech Republic, the Netherlands, Portugal, and Spain. The United States will also have a dispensary in California.
With so much interest in BudBlockz, the crypto industry could get the boost it needs to get through the winter.
How Can BudBlockz Thrive in a Crypto Winter?
Crypto winter occurs when crypto prices are low, leading to widespread losses for investors. Some experts have described the current crypto situation as frozen.
Fortunately, new and more useful cryptocurrencies like BudBlockz are emerging. BudBlockz and the next generation of blockchain technology are focused on combining cryptography with real-world applications.
For example, BudBlockz aims to unite cannabis enthusiasts around the world into a single ecosystem with blockchain technology. Users can easily access the best cannabis products and services.
He’s also set to release his native NFTs known as Ganja Guruz, a collection of colorful personalities inspired by 1990s gaming, fashion, and of course weed. the vibrant BudBlockz community. Another advantage is the fractional ownership of cannabis farms and industries.
Additionally, BudBlockz has a pay-to-earn component, giving crypto enthusiasts a full blockchain experience.
Invest in $BLUNT this crypto winter
Crypto enthusiasts may have a cold ending to 2022, but investing in BudBlockz will appease them and set them up for gains in 2023. There are so many opportunities that come with BudBlockz, especially with many cannabis enthusiasts who are increasingly interested in the world of crypto.
Buy or learn more about BudBlockz (BLUNT) at the links below:
Official site: https://budblockz.io/
Pre-sale registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
DISCLAIMER: Investment in crypto assets is unregulated, may not be suitable for retail investors and the full amount invested could be lost
IMPORTANT NOTICE: Reversal in cryptoactivos is unregulated, cannot be accepted for reverse miners and forfeits the entire reverse import