Why BudBlockz Could Outrank MATIC, SOL, and ATOM

October 28, 2022 at 4:00 pm

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Why BudBlockz Could Outrank MATIC, SOL, and ATOM

Why Are MATIC, SOL, and ATOM Down?

MATIC is pushing on its 9-month low, SOL’s NFT and De-Fi uses are going down, but ATOM appears to be on the rise. Holders may further enjoy MATIC’s rise, which has reached its highest point since mid-September.

Like most tokens in the crypto winter, SOL has been plummeting from about $10 billion to less than $1 billion. For the first time, this project dropped below the second position in NFT sales volumes behind Ethereum.

ATOM, Cosmos’s token, still has to prove it can sustain the higher prices. The $20 level is the main challenge, and the current volatility makes it hard to assess which way it may go. Still, this could be a great opportunity for short-term traders.

Most importantly, during the crypto winter, the prices of most tokens will likely stay contracted for some time. The crypto market is harshly feeling the consequences of real-world events, such as high inflation and increasing interest rates. Investors looking to protect their wealth long-term must find innovative solutions and crypto projects with applications beyond the current crypto uses.

Why Can BudBlockz Lift Your Portfolio?

While MATIC, Sol, and ATOM have all attracted investors with their perks, BudBlockz is a unique project that stands out. It is a marijuana-focused platform where buyers and sellers can interact safely and securely using smart projects. In addition, investors may buy BudBlockz’s NFTs using the native token, which will grant them fractional ownership of dispensaries and farms.

One of the most appealing aspects is that BudBlockz is catering to an industry that has been neglected by investors and regulators. This is the first decentralized platform for cannabis enthusiasts, which activates on the market currently valued at $13.2 billion and is expected to reach more than $176.5 billion by the end of this decade.

Bottom line

Regardless of which crypto project you choose to invest in, it is important to look at fundamental indicators and their potential to change the world. BudBlockz is the first platform to connect cannabis enthusiasts with businesses and investors, which will unite parties worldwide into one of the most creative communities.