BudBlockz up over 160%. Can he emulate Solana’s run in 2021?

Solana experienced the kind of 2021 investors are hoping for. The value of the coins increased by over 12,000% in one year. In January, if you had made $100 today, you would have become a billionaire. Although Solana’s performance will be nearly impossible to replicate, investors should still consider coins that operate on Solana’s blockchain. The value of coins working with the Solana network can increase if it continues to operate successfully.

The cannabis market is booming

BudBlockz is entering a market with huge potential. In 30 countries around the world, including several US states, the use of marijuana is now legal. The cannabis market will expand and more legislation will follow. According to analysts, the global cannabis market could be worth more than $176 billion by 2030.. BudBlockz will lead the industry and expand by improving community accessibility and professionalizing data management and logistics.

BudBlockz: Helping Secure Access to the Global Cannabis Industry 🍁🎯

Check out the latest article from Bitcoinist explaining how over time, BudBlockz will help marijuana enterprises and entrepreneurs drive business growth 🍁🛒🚀 https://t.co/wVB7gyQrHn

— BudBlockz🍁 (@budblockz) November 4, 2022

Exclusive discounts and bonuses

The fact that they are creating a token and NFT with real utility is their third and most important strength from the investor’s point of view. Unlike many other crypto tokens that are just governance tokens, the $BLUNT token will serve as the default form of payment for BudBlockz participants.

This includes growers, pharmacies, retailers and end users. The $BLUNT token must be owned by all parties wishing to use the decentralized market. Market demand will increase as the industry grows, and prices are likely to increase as a result of the growing demand.

Additionally, their Ganja Guruz NFTs offer an additional really interesting use case. If you have one, you can benefit from fractional ownership of the farms and dispensaries. Apart from having a decentralized share, passive income from dividends and bonuses, you can also benefit from unique bonuses and member discounts.

Decentralized system

What’s great about BudBlockz is that it’s first party and it’s entering a potentially huge market. Currently, around 30% of the world’s cannabis business is conducted online. This percentage will increase further in the next ten years.

That percentage is likely to be much higher if they can lead the cannabis e-commerce sector.

BudBlockz – Decentralized Crypto Cannabis Ecommerce 🍁🛒

Check out Coinchapter’s recently published article highlighting the fractional ownership program controlled through the Ganja Guruz NFT collection 🍁🎨💨https://t.co/alnoiT8GgD

— BudBlockz🍁 (@budblockz) November 17, 2022

BudBlockz can be bigger than Solana

With all these advantages, BudBlockz could grow more than Solana in 2023. BudBlockz pre-sale is still ongoing; therefore their coins are yet to be listed on an exchange.

So, a $100M market cap would be 40x $BLUNT, which is almost unattainable for Solana.

conclusion

BudBlockz is one of the most exciting new cryptocurrency companies and a pioneer in a rapidly developing sector with huge potential. You can access a token with a practical application and the possibility of rapid growth due to increasing demand through the current pre-sale. In 2023, BudBlockz is expected to grow faster than Axie Infinity.

Cryptocurrencies are a highly volatile, unregulated investment product. Your capital is at risk.