Having a diverse portfolio when dealing with the crypto industry is very important. Diversification ensures you minimize the crypto market risk, as cryptocurrencies are very volatile. Investing in different cryptocurrencies with solid use cases is the best way to mitigate risks. It ensures that you will always have protection against unforeseen losses, no matter the market’s direction.
The crypto market is saturated with different tokens, and it can take time to pick the good ones. However, some coins have many benefits in the long run. Chainlink (LINK) and BudBlockz (BLUNT) are popular cryptocurrencies that some investors have put their trust in, and with the latter being new, there are speculations that it could outperform Chainlink in the long run. Keep reading to find out how.
What Does Chainlink (LINK) Offer?
Chainlink (LINK) is a peer-to-peer network that assists in improving the functionality of blockchains. The network’s main purpose is to provide accurate data to smart contracts.
Smart contracts run automatically when a specific set of requirements is implemented. When a smart contract requires information absent from the blockchain, Chainlink solves the problem by checking the authenticity of 10 Oracles to ensure they are safe. It makes sure that the information used in the smart contract is secure and accurate.
The native crypto of Chainlink is LINK, which is used to advance the Chainlink ecosystem.
Why Should You Invest in BudBlockz (BLUNT)?
BudBlockz (BLUNT) is a new cryptocurrency devoted to improving the cannabis industry. This blockchain project is unique because it offers cannabis traders and enthusiasts a new way to profit from their interests through NFTs. Real-life cannabis utilities will back these NFTs.
$BLUNT, the native token of BudBlockz, is utilized in governance on the platform. Holders of this token have the power to make proposals and have voting power over issues relating to the blockchain.
Even though BudBlockz is a relatively new project, it is already gaining much attention in crypto. The $BLUNT token sold out way ahead of schedule, even before the sale ended. The beginning of the official presale was equally successful, and significant profits have already been observed from early $BLUNT token investments.
What Does BudBlockz (BLUNT) Have To Offer?
World governments are waking up to the profitability of cannabis, and legislation is being passed to legalize its sale and use. BudBlockz (BLUNT) is a good investment because the team is dedicated to building a community within the cannabis industry (a growing sector). By the end of this decade, the cannabis sector is set to grow by over $170 billion.
BudBlockz is more than just another crypto project. It offers a community to its users where like-minded people can interact and trade within a safe environment. Users can also trade Ganja Guruz NFTs and have stakes in the BudBlockz ecosystem.
Even though you can’t fully predict the direction of the crypto industry, BudBlockz is showing all the signs of a cryptocurrency that is set to provide better returns in the coming months.
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
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Chainlink is available to purchase from leading exchange eToro
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Source: https://www.thecoinrepublic.com/2022/11/14/could-budblockz-provide-better-returns-than-chainlink-in-2023/