The past year was turbulent for the cryptocurrency industry. Most tokens fell, with only a handful gaining per post. Prices were affected by several factors, including project performance and investor confidence.
As 2023 kicks off, find out which tokens to consider between bitcoin (BTC), ethereum (ETH), tether (USDT) and the soon-to-be-launched BudBlockz (BLUNT). The BLUNT features can put you ahead of the competition.
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BudBlockz (BLUNT)
BudBlockz is building a decentralized e-commerce for cannabis enthusiasts to access the global cannabis markets privately and securely.
The platform is working on designing a secure blockchain and DeFi ecosystem where CBD manufacturers, farms, dispensaries and users can conduct safe and secure transactions with maximum privacy.
BudBlockz plans to leverage its accessibility, interoperability, and innovative use cases to bring legal cannabis consumers and businesses together.
BudBlockz also plans to launch other innovative developments such as NFT collections called Ganja Guruz and P2E games. Users can also become fractional owners in other CBD farms and businesses on the BudBlockz platform.
BudBlockz will act as a decentralized exchange where holders of its native token, BLUNT, can use it to participate in the DeFi space and earn passive income.
BudBlockz’s fourth stage of pre-sale may be an opportunity for savvy investors to get involved.
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Bitcoin (BTC)
Bitcoin is a digital currency designed to act as money and a form of payment outside of the control of any person, group, or entity. Bitcoin eliminates the need for third party involvement in financial transactions.
It can be used to reward blockchain miners for the work done to verify transactions and can be purchased on various exchanges.
An anonymous developer or a group of developers introduced Bitcoin to the public under the nickname “Satoshi Nakamoto”.
Since then, it has become the most well-known crypto project in the world. Its popularity has inspired the development of many other cryptographic projects.
These competitors are trying to replace Bitcoin as a payment system or are used as utility or security tokens in other blockchains and emerging financial technologies.
Ethereum (ETH)
Ethereum is a decentralized blockchain network that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts.
These smart contracts allow participants to transact with each other without the need for a trusted central authority.
Transaction logs are verifiable, immutable, and securely distributed across the network, giving participants full ownership and visibility of transaction data.
Transactions are sent and received from user-created Ethereum accounts only. A sender must sign transactions and spend ETH, ethereum’s native cryptocurrency, as the cost of processing transactions on the network.
Tether (USDT)
Tether is a stablecoin that cryptocurrency enthusiasts have used for years to leverage their cryptocurrency trading.
USDT is pegged to the US dollar. In theory, market volatility that can drastically affect the valuation of other cryptocurrencies, such as bitcoin, should not be affected.
Tether aims to provide a “safe” digital asset to maintain a stable valuation. The goal is for Tether to always maintain the same value as USD. That makes USDT a stablecoin that tracks the price of the US dollar.
Cryptocurrency traders use USDT to provide reliable and constant liquidity to enter and exit other cryptocurrency transactions without facing unpredictable losses (or gains) due to volatile price changes.
Before its release, BudBlockz stands out among its competitors.
Use promo code: BUYBLUNT to get a 20% bonus on your purchase. Valid until January 31.
Buy or learn more about BudBlockz (BLUNT) at the links below:
Official Web site: https://budblockz.io/
Pre-sale registration: https://app.budblockz.io/sign up
BudBlockz Community Links: https://linktr.ee/budblockz
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