Top cryptos inspired by Marijuana: BudBlockz, PotCoin + More

The marijuana industry has been one of the great beneficiaries of the evolving cryptocurrency landscape. Discover the best tokens here.

The cannabis industry is on a massive high right now, underpinned by an anticipated Compound Annual Growth Rate (CAGR) of 25.3% from 2022 to 2030. It has opened the door for new and existing marijuana-inspired cryptocurrencies to thrive like never before as consumers looking for a convenient, secure, and decentralized payment solution turn to blockchain technologies and digital coins.

Here are five of the best digital tokens that have planted the seed of excitement for marijuana businesses, consumers, and investors alike.

#1. BudBlockz (BLUNT)

The Blunt token has just opened its private sale phase but is already touted as one of the best digital assets to look for in Q4 and into 2023. It is a digital token that will be used to support the BudBlockz ecosystem for marijuana dispensaries, suppliers, farmers, buyers, and investors.

It is the world’s first asset-backed NFTs of marijuana products while fractional tokens, along with decentralized eCommerce and digital trading, have created an even greater sense of excitement for the crypto and the company behind it alike. It is set to build on the success of the tokens before it and take the world of marijuana cryptos to the next level.

For more information or to purchase BudBlockz (BLUNT) tokens visit https://budblockz.io

Join the BudBlockz Discord, Telegram, Twitter or Instagram: https://linktr.ee/budblockz

#2. CannabisCoin (CANN)

Since entering the market in 2014, CannabisCoin is a proof-of-work, peer-to-peer open-source currency that was initially designed to support medicinal marijuana dispensaries. However, the widespread legalization of recreational cannabis has seen the token gain even greater popularity.

Its price is still a long way from the temporary high of $0.34 in 2018 but CANN has been a great asset for dispensaries and purchasers who have faced obstacles through traditional payments, even in legal jurisdictions. In today’s climate, most businesses will offer it as a payment option.

#3. PotCoin (POT)

Like CannabisCoin, there are no prizes for spotting the marijuana-based inspiration of PotCoin. It was one of the first cryptos of its ilk, launching in January 2014 and trades at $0.004. It has been used by dispensaries, farmers, and consumers for over eight-and-a-half years, playing a huge role in the industry’s growth.

POT has solved many financial and banking problems facing people who trade in legal marijuana, medicinal or recreational, by allowing people to trade with ease and convenience by avoiding the need for a clearing house. Its value to the market has only grown further thanks to the increased legalization of cannabis.

#4. HempCoin (THC)

HempCoin is another immensely popular coin for marijuana enthusiasts. Rather than focusing on consumers, though, it is primarily focused on supporting the business of legal marijuana and sets out to “facilitate secure transactional relationships between farmers, distributors, and consumers”. Cannabis farmers have been the main beneficiaries since its launch in 2014.

As well as the THC token, HempCoin utilizes HempTRAC for data, HempPAY for payments, and HempDEX for exchanges. The independent blockchain infrastructure has helped many companies in the agricultural sector of the marijuana industry grow through a dedicated and autonomous infrastructure.

#5. DopeCoin (DOPE)

Often referred to as Dopey, DopeCoin is another cannabis-inspired coin launched in 2014 with a mission statement to “provide marijuana enthusiasts with a modern and secure way of doing business for the 21st century”. It is currently ranked just outside the top 2000 digital tokens yet it continues to offer a good solution.

The peer-to-peer network and transparent yet irreversible transactions have been used for millions of transactions for the purchase of cannabis items and a host of other functions. Instant transactions are completed via DOPE wallets, enabling payments to be made just as fast as instant bank transfers.

For more information or to purchase BudBlockz (BLUNT) tokens visit https://budblockz.io

Join the BudBlockz Discord, Telegram, Twitter or Instagram: https://linktr.ee/budblockz

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