After a shaky first half of 2022, cryptocurrency valuations appear to be stabilizing and setting the stage for Q4 2022 resurgence. The long crypto winter has been more difficult on some tokens than others, and analysts have started to identify the cryptocurrencies likeliest to lead the way out of the market’s persistent doldrums. Two of the most persistent names among analysts of all stripes, especially those looking for value plays, are five-year-old Binance Coin (BNB) and newcomer BudBlockz ($BLUNT).
BNB’s popularity, range of use cases, and market cap has grown along with Binance since its 2017 ICO. Originally an ERC-20 utility token used chiefly to facilitate transactions on the Binance exchange, BNB became the native token of the Binance Smart Chain in 2019. That move was part of Binance’s broader shift away from an exclusive focus on its exchange and toward the development of a smart chain capable of supporting a new wave of tokens looking for a nimbler, more efficient alternative to Ethereum.
Its list of use cases has grown as Binance attracted more tokens to BNB Chain, and Binance has continued to offer reasons to get excited about BNB’s potential. A quarterly burn scheme has turned BNB into a strong deflationary token, and Binance’s plans to introduce a layer-2 chain on its network have confirmed that it is a serious contender for a spot alongside ETH and other market-leading platforms.
BudBlockz has not yet launched, or even concluded its private sale, but the cannabis-related cryptocurrency has emerged as a pure value play to complement the growing consensus around BNB.
Like BNB in its early years, $BLUNT will launch as an ERC-20 token with a strong, focused set of use cases. Details of its private sale have become common industry knowledge thanks to a democratic turn by BudBlockz: anyone with an ERC-20-compliant wallet is welcome to join the private sale, giving individual investors and even newcomers to the cryptocurrency market an opportunity to get in on the ground floor. This approach has increased the transparency of $BLUNT’s private sale led to it selling out at $0.015 with two weeks remaining. Early $BLUNT investors have already made 40% profit as the presale opened up at $0.021 per token.
BudBlockz may not have a cryptocurrency exchanged behind it, but it may have something even better: enthusiastic, widespread support for a booming retail industry that continues to grow as new markets become available to cannabis retailers. The platform’s roadmap plans to support the cannabis market rather than presuming to revolutionize it, a measured approach that sets it apart from many of its predecessors in the crypto-cannabis space. Its asset-backed NFTs will be used at first to issue marginal ownership stakes in cannabis companies across the supply chain, and the platform’s goal of creating its own point-of-sale network has crypto analysts forecasting steady, resilient gains from its planned Q4 launch well into Q1 2023.
Learn More about BudBlockz (BLUNT)
Official Website: https://budblockz.io
Presale Registration: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
To Purchase Your $BLUNT Tokens
Step 1: Visit the official BudBlockz website https://budblockz.io
Step 2: Click the “sign up” button at the top of the page
Step 3: Create a BudBlockz account. Ensure you use a valid email address.
Step 4: From your client dashboard, click the “buy $BLUNT” button
Step 5: set the amount you want to purchase and the currency you want to order in
Step 6: Make the payment to the provided wallet address
Step 7: Receive your tokens!
BNB is available from most major exchanges.
Source: https://crypto.news/binances-bnb-coin-and-budblockz-blunt-are-top-analysts-bullish-picks-for-q4-2022/