Crypto users can increase their wealth quickly by investing in promising new tokens. While old tokens also have the potential to rise, investors have realized that some of them may be past their prime. Consequently, investors are quickly buying a new token called BudBlockz ($BLUNT).
The increasing popularity of BudBlockz ($BLUNT) has given the founders good reasons to believe that their crypto project could outperform tokens like Monero ($XMR) and Quant ($QNT). This article looks at how Monero ($XMR) and Quant ($QNT) are performing and why BudBlockz ($BLUNT) has the potential to outrun them.
Monero ($XMR) falls 50% in 2022
Monero ($XMR) is the leading privacy cryptocurrency known for facilitating transactions that take place privately and anonymously. In the bear market of 2022, Monero ($XMR) has lost nearly 50% of its value. At the start of the year, Monero ($XMR) was trading near $250 but fell to around $100 in June. Between June and December 1, Monero ($XMR) has managed to rise marginally but is still down by more than 70% from the all-time high (ATH) of $517.62.
With global efforts for crypto regulation expected to gain speed after the FTX collapse in November, the future remains uncertain for Monero ($XMR). Monero ($XMR) was also in the news for negative reasons when the European Union was reported to have taken a stand against privacy coins like Monero ($XMR) and Dash. Reports have also claimed that coins like Monero ($XMR) are being increasingly used by cybercriminals.
Quant ($QNT) manages to rise after every fall
Quant ($QNT) is the reputed cryptocurrency of the Quant network, which is known as the first project to solve the cross-chain interoperability problem by creating a blockchain operating system. Quant’s ($QNT) price has had frequent phases of ups and downs this year. For example, it was trading in the range of $178-$187 at the start of the year, but by the end of January 2022, Quant ($QNT) had fallen below $100. It then rose again and traded between $140-$150 by March. Quant ($QNT) witnessed another round of falls after the market crash in May, but it started rising in subsequent months, moving above $200 in October.
In the wake of the FTX collapse in November, Quant ($QNT) fell around 40% but quickly recovered in the following weeks. By December 1, Quant ($QNT) was trading 71% below the ATH of $427.42 on September 11, 2022. The ability of this cryptocurrency to rise after every fall augurs well for investors seeking a long-term opportunity in the cryptocurrency.
BudBlockz ($BLUNT) jumps 190% in presale
BudBlockz ($BLUNT) is quickly attracting investors who are looking for gains. BudBlockz ($BLUNT) is a unique cryptocurrency, offering users an opportunity to benefit from the rapidly growing market of legalized cannabis products. The global cannabis market is expected to grow at a CAGR of 23.9% during 2021-2030.
As a decentralized blockchain-based platform, BudBlockz ($BLUNT) makes it easy for users to trade in cannabis-related products like flowers, concentrates, and edibles. The BudBlockz platform also allows users to fractionally invest in cannabis farms and dispensaries through non-fungible tokens (NFTs).
By providing an opportunity to grow wealth from the rapidly rising regularized cannabis market in different geographies, BudBlockz has been able to generate huge interest among investors in $BLUNT, the utility token of the platform. During the third phase of presale $BLUNT’s price jumped 190%, with more than 45% of the tokens being grabbed by investors. If the trend continues, BudBlockz ($BLUNT) could soon become a 1000x crypto asset for investors.
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