Crypto enthusiasts who keep an eye on the most exciting digital tokens of 2022 will almost certainly have heard about BudBlockz (BLUNT) in recent months. The growing community is set to change the face of the cannabis industry forever and has now been pinpointed as a potential candidate to follow in the footsteps of Binance (BNB) count.
So, can it realistically emulate a token that climbed from just $15 in Q2 2020 to over $260 today? Here’s why many industry forecasts are immensely positive about its chances.
The story of BudBlockz so far
BudBlockz is the world’s first decentralized online eCommerce specifically built to support the cannabis industry. It uses asset-backed NFTs and crypto payments to support marijuana firms, dispensaries, businesses, consumers, and investors alike by supporting the purchases of both real-world and digital cannabis products.
Given the banking challenges that many companies in this sector still face despite the widespread legalization of marijuana products, BudBlockz could be the game changer that the sector has called for. While dispensaries will be able to accept payments through other currencies, the BLUNT token will be required to facilitate all transactions on the blockchain.
The company has already confirmed that there will be a total supply of 420,000,000 BLUNT tokens available. However, a supply of 26,880,000 sold out during a private sale phase before BudBlockz entered its pre-sale. Now in stage two of the pre-sale, a further 11,000,000 have been sold.
Tens of thousands of investors have already joined the BudBlockz party with the earliest backers securing their tokens for just $0.015. That price has already climbed to over $0.26, providing healthy returns of almost 50%. With further growth expected before it is publicly released on the Uniswap platform, enthusiasts may wish to act sooner rather than later to secure the best results. There are strong expectations growth will continue over the coming months.
BudBlockz has also set out a roadmap of releasing NFTs, opening dispensaries, and further supporting the cannabis industry. Excitement for the community and its digital token is unlikely to die down anytime soon. Frankly, the road to success has begun.
How far can it grow?
While plenty of meme coins have enjoyed great success – albeit often temporary – in recent times, utility coins that form the backbone of important platforms are set to yield the greatest returns. The fact that Binance has become the most popular crypto exchange in terms of daily trading has been instrumental to the success of BNB. With BudBlockz set to become the gold standard for the rapidly growing cannabis industry, BLUNT is likely to thrive.
The global cannabis industry currently enjoys a CAGR of 32%. BudBlockz has already built a strong community that is set to grow significantly once it enters the Uniswap exchange, and many experts agree that it will be one of the big winners of 2023.
Can it grow by 1000%, 10,000% or even more? Whatever the answer, now is the perfect time for crypto enthusiasts to add the token to their portfolios.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz Links: https://linktr.ee/budblockz
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