Altcoins are essentially a category of cryptocurrencies composed of any cryptocurrency that is not Bitcoin. The first altcoins were originally launched in 2011; today, tens of thousands of them are available.
It is clear, however, that with the recent market conditions, altcoins are back, and numerous crypto analysts have become particularly interested in the BudBlockz platform, and its token $BLUNT. They believe it has the potential to experience massive growth throughout 2023 and beyond.
Today, we will be diving into everything you need to know about the future value of the $BLUNT cryptocurrency.
BudBlockz ($BLUNT) and its Future Growth
When assessing BudBlockz, we first need to look into why it has such significant growth potential, and why it has grasped the attention of investors.
BudBlockz is an e-commerce platform and marketplace tailored around the cannabis space. It can enable users access to fractional ownership of marijuana businesses and gain exposure to a new asset class through $BLUNT and its future NFT collection known as the Ganja Gurus NFTs.
All of this is powered by the $BLUNT cryptocurrency, an Ethereum-based token that follows the ERC-20 token standard and is consequently compatible with all current Ethereum wallets, decentralized applications (dApps), and use cases that support the token standard.
Furthermore, the token can be used within the NFT marketplace and serves as a means through which anyone can access the DEX or DeFi products within the Ethereum ecosystem.
BudBlockz ($BLUNT) Price Movements
Now that we have a better understanding as to what BudBlockz actually is, we can move on to what crypto analysts expect out of the project and cryptocurrency.
Economic specialists forecast a global cannabis market cap of over 176.5 billion USD within the next decade. What this means is that $BLUNT lets its holders access an ecosystem and an asset class that is primed for success, and this alone is a huge value proposition for the cryptocurrency.
In addition, BudBlockz as an ecosystem also features a Play-to-Earn (P2E) gaming platform known as the Bud Blockz Arcade, which features a collection of retro games inspired by NES, SNES, and Sega Genesis games.
All of this, coupled with access to fractional ownership of dispensaries, farms, and CBD manufacturers, gives $BLUNT huge room for growth.
At the current point in time, the $BLUNT token is hovering around $0.039; however, after the demand experienced during the presale period, we expect that its price could potentially double in value, or more, after it launches.
All of these aspects surrounding BudBlockz and $BLUNT are the reason why crypto analysts are bullish for the future, as it targets a demographic and a market that has previously not been an investment opportunity until now.
Each cryptocurrency holder and investor gains access to the entire ecosystem, driving its potential use cases and value. Altcoins are back, and $BLUNT is leading the pack.
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