Are we in a crypto winter? Recent activities suggest exactly that. According to reports, the cryptocurrency market capitalisation has lost over $1.63 trillion in the last year since it peaked in November 2021.
Bitcoin, the biggest crypto in the world, had a $1.28 trillion market capitalisation in November 2021 but is down to just $331 billion a year later. Ether is not doing any better, with its current market capitalisation standing at $157 billion compared to $571 billion a year ago.
Tether’s market cap is also down to around $65 billion compared to 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 that investing in BudBlockz now will be a good start in surviving the crypto winter. Their advice has always been to diversify crypto investments. This is why investing in an endeavor with real-world significance is a step in the right direction—BudBlockz is exactly that.
BudBlockz is the first decentralised online ecommerce platform for cannabis enthusiasts. It is currently selling fast, and interest is at an all-time high. Over 63 million tokens have been sold at time of writing, representing more than 46% of the $BLUNT tokens available.
The company’s goal is to provide cannabis enthusiasts access to global markets (only where marijuana is legal) and to keep all transactions decentralised and private.
BudBlockz is also set to open dispensaries around the world where people can purchase cannabis and other related products using $BLUNT. Among the countries being eyed for BudBlockz dispensaries are 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 might get the boost it needs to get through the winter.
How can BudBlockz thrive in a Crypto Winter?
Crypto winter happens 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 purposeful cryptocurrencies like BudBlockz are emerging. BudBlockz and the new breed of blockchain technology are focused on combining crypto with real-life applications.
For example, BudBlockz aims to unite cannabis enthusiasts around the globe into one ecosystem with blockchain technology. Users can easily access top cannabis products and services.
It is also set to launch its native NFTs known as the Ganja Guruz, a collection of colorful personalities inspired by 1990s gaming, fashion, and of course, weed. Ganja Guruz ownership allows one to join the dynamic BudBlockz community. Another benefit is fractional ownership of cannabis farms and industries.
Moreover, BudBlockz has a pay-to-earn component, bringing crypto enthusiasts a complete blockchain experience.
Invest in $BLUNT This Crypto Winter
Crypto enthusiasts may have a cold end to 2022, but investing in BudBlockz will tide them over and set them up for gains in 2023. There are so many opportunities that come with BudBlockz, especially with many cannabis enthusiasts becoming increasingly interested in the crypto world.
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
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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