Bull Market or Bear Trap? Shiba Inu and BudBlockz’s Recent 21% Spike Raises Questions
The crypto market is awash with so much uncertainty; as a result, investors need to invest in projects with real-world use cases to beat the market.
Projects such as Shiba Inu (SHIB) and BudBlockz (BLUNT) have proven to change the narratives for any investor. Let us look at these projects to learn why they draw massive attention from investors.
BudBlockz (BLUNT) is a decentralized ecosystem on the Ethereum blockchain that intends to revolutionize the cannabis and crypto industry.
BudBlockz (BLUNT) provides its users with a safe and secure platform for trading marijuana and cannabis-related products through the blockchain’s decentralized system.
BudBlockz’s native token, BLUNT, will power the platform’s ecosystem utility, as it serves many use cases. The BLUNT token will allow users to transact in a fully legal, secure, and private e-commerce platform.
Users and investors can also invest fractionally in medical cannabis dispensaries and farms worldwide. BLUNT has a limited fixed supply of 420,000,000 tokens; because of this, the token is immune to inflation and is a good store of value that can protect your life savings.
Many experts have predicted that BudBlockz has the potential to revolutionize the rapidly growing cannabis industry as many users will be empowered with easy access to an open, fair, decentralized environment.
BudBlockz (BLUNT) may be a new entry into the crypto space, but it has recorded massive success, outperforming projects like Shiba Inu. BudBlockz (BLUNT) is highly transparent and offers investors value for their money.
Shiba Inu (SHIB)
Shiba Inu is a dog-themed memecoin crypto hosted on the Ethereum blockchain. The Shiba Inu cryptocurrency was named after the Shiba Inu dog breed, which hails from Japan, and its icon is that of the breed.
The breed is perhaps most famous thanks to the “doge” meme, which was also the inspiration for Dogecoin, another popular memecoin. If you are unfamiliar, a memecoin is a cryptocurrency inspired by internet memes or general internet jokes.
While Dogecoin is an independent cryptocurrency on its blockchain, the Shiba Inu coin (SHIB) is an ERC20 token hosted on the Ethereum blockchain. Therefore, Shiba Inu is sometimes called the “Dogecoin for Ethereum.”
Shiba Inu’s popularity has spurred a devoted following of token holders and fans, dubbed the “Shib Army.”
Passionate owners of SHIB are spread across social media platforms, including Reddit, Twitter, Telegram, and Discord, boasting some of the most active communities and the highest number of account followers in the crypto ecosystem.
The community has built around SHIB to include two further ERC20 tokens with different uses in its decentralized exchange (ShibaSwap), non-fungible tokens (NFTs, called Shiboshis), and even a layer two protocol for Ethereum (Shibarium).
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To purchase or learn more about BudBlockz visit the links below:
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