Most crypto investors that bought at the peak of the price spike in 2021 will lose money as the cryptocurrency price continues to decline sharply in 2022.
In a nutshell, this bear market has decimated the prices of many crypto tokens, resulting in several popular currencies losing it all. Even well-known coins like Polygon ($MATIC) decreased in value.
However, according to cryptocurrency experts, one of the top investments in 2023 will be a newbie named BudBlockz!
Polygon Technology created Polygon ($MATIC) to improve the overall performance of Ethereum decentralized apps. In addition to resolving problems with the blockchain ecosystem, Polygon ($MATIC) intends to make gateways for Devs easier.
MATIC, the cryptocurrency of the Polygon network, is mainly used to secure its proof of stake network through several validators, which receive additional $MATIC tokens as a reward for staking their tokens.
With the announcement of Ethereum 2.0, Ethereum can scale faster, which means that many existing and up-and-coming decentralized applications will trust Ethereum 2.0 to host their innovations with no network congestion and lower transaction costs.
In the long term, this will reduce the number of users on the Polygon network. It also means it is unlikely to experience increased usage in the near future, depending on how Ethereum 2.0 performs. This could affect the price of its native token, $MATIC, in the long term.
The 2022 crypto crash also negatively impacted Polygon ($MATIC) causing its price to drop significantly. These concerns have led many Polygon investors to sell and get involved in newer projects, such as BudBlockz.
BudBlockz is a decentralized e-commerce platform that facilitates easy, private, and secure access to cannabis products and global markets.
Many investors believe BudBlockz ($BLUNT) will be the revolution in the cannabis and crypto worlds as the platform aims to reduce the business gap between legal marijuana businesses and users.
With its innovative offerings, the company aims to solve the most annoying problems within the cannabis industry through the legal transactions it offers to users and businesses.
The company has introduced a native token known as $BLUNT, which will be used for various transactional purposes on the platform, like non-fungible trading tokens (NFTs), token swapping, earning rewards, and liquidity management, among others.
Its NFT series and the secure marketplace are one of the critical features of BudBlockz. Investors can access the marketplace for trading these assets. BudBlockz’s NFT series is called Ganja Guruz, and its supply is limited to 10,000 units. The series comprises an eclectic mix of digital art created from the nostalgia of 1990’s video games, trending fashion, and animation.
Users and holders of BudBlockz’s native token, BLUNT, will also be eligible for discount codes on BudBlockz products. However, what sets the NFT series apart is that every user who buys an NFT will become eligible for a certain percentage of fractional ownership in the company’s cannabis farms and dispensaries.
BudBlockz’s ongoing presale stage is the perfect opportunity for investors to get involved with a token many crypto analysts have predicted to make over 100X profits by 2023.
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