If you want to make quick dynamic gains as a crypto market investor, meme coins like Dogelon Mars and Floki Inu are the trends. But utility tokens generate a lot of optimism, pinpointed to help the industry anticipate a 7% Compound Annual Growth Rate (CAGR). Among them is crypto newcomer BudBlockz (BLUNT), intended for use within the global cannabis industry.
Backed by a competent Blockchain ecosystem, BLUNT adds privacy through decentralization for experienced and new enthusiasts in an open and fairly traded environment. It promotes purchasing and other digital and physical marijuana commerce for customers and dispensaries in legalized jurisdictions.
The Blockchain backed marijuana enterprise has progressed since cannabis-inspired coins spiked in 2014 and BLUNT’s arrival herald’s extensive dispensary acceptance. Some of the reasons BudBlockz’s BLUNT is set to overtake established meme coins like Dogelon Mars and Floki Inu include;
Floki Inu Flopping from All-Time Bull-Run High
As one of the key dog-themed tokens that pay homage to Shiba Inu, Floki Inu brings together charity, utility, and the power of memes. It launched during the 2021 Bull Run, aiming to provide investors with an opportunity to further their investments, and it initially saw positive gains of more than 5,700.
While it was viewed as a hopeful for tipping the scales against hedge funds and venture capitalists, Floki Inu massively corrected and erased more than 96% in value. Recovery has been gradual for the token named after Elon Musk’s dog, Floki, but investors now consider its position below the Ichimoku Cloud.
Not only is that likely to keep the price weighed down, but its value also continues to fluctuate. That’s despite the meme coin’s active Twitter and other social channels communities, alongside the educational content platform Floki Inuversity.
Dogelon Mars Is Struggling to Regain Its Bullish Momentum
Another meme coin project paying respect to the mission to colonize mars by Elon musk, Dogelon Mars (ELON), has stayed in crypto winter for a while. Although gaining stability since the bullish market, the utility token is trading almost 80% below its all-time high.
However, Donelon Mar’s recovery appears weak, with buyers having the upper hand as the meme coin’s utility lacks or sees investors struggling to maintain their portfolios. There’s also no established ecosystem, Blockchain, or whitepaper backing of this token whose use case is defined by the collective jokes of its community.
In terms of market capitalization, this interplanetary currency has a lot of expectations for an explosion, having been ranked in the top 150. But analysts also predict the maximum price the Dogecoin fork will achieve, given its rise in market cap, is $0.00000178 by 2026.
Why BudBlockz’s BLUNT Is Smoking Dogecoin Mars and Floki Inu Meme Coins
While other current and previous cannabis-related tokens are aimed at medical dispensaries, BudBlockz’s BLUNT has entered the market with a lot of noise. It’s a long-term decentralized NFT option built on Ethereum to take crypto transactions to new ranges while aligning with the modern landscape.
Besides connecting weed and crypto lovers worldwide, BLUNT’s ecosystem is backed by secure and reliable Blockchain technology. Its market capitalization forecast is over $176.5 billion in the next ten years, acting as a platform for cannabis investors, farmers, and consumers.
BudBlockz NFT community plays a vital role with fractional owner possibilities, memberships, and related perks accompanying purchases. Besides veto power, collectibles, and discounted products, BLUNT holders can access potential investment opportunities and information on the global cannabis scene.
BLUNT token opens with a supply of 420,000,000 tokens and supports the trading of digital and real-world assets. The direction of the current marijuana industry and the versatile community suggests that it’s the hottest asset with extensive opportunities for 2022 to 2023.
Learn more about BudBlockz (BLUNT) at the links below
Official Website: https://budblockz.io/
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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