Why is Budblockz in the Sights of FTX Token Investors?

SPONSORED POST*

Investors are fast learning to diversify their portfolios considering the current bearish trend. Those who understand how to navigate the waves of volatility and execute short trades can still make much money. Experts in crypto investment, however, know that the long term is where you will make a significant gain.

Due to the solutions they bring, projects like BudBlockz (BLUNT) are introducing unique solutions to the crypto industry. The clear promises of the BudBlockz token, $BLUNT, and its excellent head start are putting it in the sights of FTX Token (FTT) and Solana (SOL) investors who would like to take advantage of its growth.

Let’s see why they trust BudBlockz (BLUNT) to deliver.

FTX token (FTT) Takes a Dip as Binance Announces Acquisition Plan

FTX (FTT) has lost most of its value since Binance officially confirmed its intention to buy the company. Binance held significant sway over FTX and the market’s perception of the company due to its dominant crypto position and significant shareholding in FTT. Investors’ faith in the cryptocurrency exchange and its native token (FFT) was shaken over the weekend when Binance chief executive Zhao tweeted that his company would sell its FTT holdings.

Bankman-Fried, the CEO of FTX, stated that there had been approximately $6 billion in net withdrawals from FTX 72 hours after the announcement. This divestment by the FTT crypto holders shows they are looking for a crypto coin they can trust. $BLUNT continues to gather momentum, gaining traction among these investors as a token with great potential.

The Hybrid Consensus Mechanism Makes Small-Time and Institutional Traders Interested in Solana (SOL)

Solana (SOL) is not a new cryptocurrency, but it has only recently picked up steam and gained widespread popularity. Its explosive growth has piqued the interest of many investors, who have discovered the project’s high usability and great functionality.

Solana is a thoroughly efficient open-source initiative that leverages blockchain technology to provide decentralized finance (DeFi) solutions. Whereas the idea and early development of the project began in 2017, the Solana Foundation successfully unveiled Solana in March 2020.

The Solana protocol is intended to make creating decentralized apps (dApps) easier. It seeks to enhance scalability by combining a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) consensus. The “Degenerate Ape Academy” NFT project is the driving force behind the skyrocketing SOL coin price. This project debuted on the Solana blockchain in mid-August and quickly marketed over 10,000 “smoothest brain” apes. 

BudBlockz (BLUNT) Establishes itself as a First Mover in a Vast Market

Cryptocurrency and NFT traders and investors from the FTX (FTT) and Solana (SOL) ecosystems are currently looking to leverage Budblockz (BLUNT) to diversify their digital asset portfolios. They have come to realize that, whereas many early-bird investors can make significant profits from market factors such as price appreciation, to capitalize on such factors, they must invest in new and popular projects.

The intriguing aspect of BudBlockz (BLUNT) is that it is the first mover in a potentially massive market. BudBlockz is pioneering the development of the first decentralized e-commerce marketplace. While e-commerce currently accounts for approximately 30% of the total cannabis market, the percentage is expected to rise over the next decade. The market cap of $BLUNT will exponentially rise if BudBlockz can only secure 30% of the cannabis industry. 

The prudent FTT and SOL investors who have reckoned $BLUNT as a token with a real-world use case where growing demands can inevitably lead to massive growth are already making the wise decision.

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

All other major cryptos mentioned in this articles are available to purchase from  leading exchange eToro 

*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.