Individual investors and firms always use ROI or investment growth boost to compare how effective a crypto investment is. The more returns the coin gives, the better the investment. If a digital currency investment shows the possibility of having a high ROI, investors would be more attracted to it.
Investors are getting more attracted to a crypto project like Budblockz. The cryptocurrency has experienced a 235% growth in the past few weeks. On the other side, Polkadot and Quant have steadily lost investor attraction. Budblockz has been at the center of investor interest for several reasons.
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Budblockz is a new ecosystem that’s allowing participants in the cannabis space to trade and invest in marijuana products and dispensaries worldwide. In addition, the crypto project is facilitating a platform through which its community can navigate cannabis markets and have knowledge of legislation in jurisdictions.
Budblockz is looking to launch dispensaries and farms in regions that have legalized cannabis products. Community users would have the option to share ownership of these dispensaries and earn profits.
In addition, Budblockz has many interesting features for its users to earn tokens and real-world assets.
The first is the Ganja Guruz NFT collection which will qualify users for Know-Your-Customer (KYC) completion. Once the KYC application has been filled out, users can invest in dispensaries and farms in different locations all over the globe.
Another interesting feature is the P2E gaming which rewards the best gamers with BLUNT, Budblockz’s token, and ETH. So those who win the competitions at the Budblockz Arcade will immediately get their rewards transferred to their wallets.
These thrilling features and more have driven attention to this crypto project which is the first of its kind. That’s why Budblockz has seen a 235% growth boost even when other coins like Polkadot and Quant are dropping.
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Polkadot is a multichain protocol that links different blockchains to allow the transfer of data and tokens. The crypto world has been clamoring for Web3 and Polkadot was built to serve as a foundation for this new technology.
Polkadot is unique because, unlike other blockchains, it doesn’t need a fork to update and eliminate bugs in its code. Instead, all that would be needed is the consensus of the token holders to upgrade its codebase.
On the technical analysis end, Polkadot’s price action formed a descending triangle denoting downward price pressure. Since its $23.2 price in April 2022, Polkadot has been trading in the $6 region since July 2022.
On a fundamental note, Polkadot has been criticized for being more centralized than other crypto projects. For one, the Polkadot Council has executive power over some decisions about the network.
Quant was introduced to the crypto market in June 2018 and its mission is to connect blockchain networks without diminishing the productivity of those networks. Overledger, Quant’s operating system facilitates the creation of smart contracts for various blockchains, including those that don’t support them.
After a significant rally lasting three months for the QNT token, investors began to take profits, and Quant’s price has continued to drop since then. In a mere couple of days, the daily active addresses on Quant’s network dropped by 38%, a large percentage that showed investors were pulling out of the cryptocurrency.
As of the time of writing, Quant’s price is at $157 from its $208 price in 2022.
Crypto investors are always looking for the best returns on investment, and that’s why they’re flooding to Budblockz, a project that has secured 235% gains.
In comparison, Polkadot and Quant have experienced a decrease in trading volume and price. This shows that investors view Budblockz as a more efficient investment than Polkadot and Quant.
Purchase or 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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