While investing in digital coins and assets is a good strategy to generate passive income, it’s important to understand that, like traditional stock investments, cryptocurrency isn’t exempt from the impact of volatility and economic uncertainty. Digital assets have their price hikes and sudden busts, which is why many investors, especially new ones, wonder whether they should inject money into the crypto markets.
Inflation and continuous volatility are among the top reasons why the price of Bitcoin has been ridiculously impacted. For example, earlier in November, Bitcoin’s price sank to $16,000. Considering the popular crypto’s price in the same month in 2021 was $69,000, that is quite a fall. Moreover, Bitcoin is also facing a lot of competition. For instance, one of 2022’s rising blockchain projects is BudBlockz, which has already caused a significant stir in the crypto market. Other projects like Hedera and Tezos are also getting a lot of attention as altcoin alternatives to Bitcoin.
What is Hedera (HBAR)?
Hedera Hashgraph is a popular blockchain technology network, and its native token is HBAR. HBARs can be used to power the company’s DApps (decentralized applications) and their servers. The crypto tokens function as the main source of fuel for the entire Hedera stratosphere. The company’s primary objective is to introduce more scalability and interoperability to the blockchain ecosystem, and allows users to conduct transactions in a more secure and digitized environment.
According to Hedera, the company processes more than 10,000 blockchain transactions every second, which is impressively fast. Moreover, the company is governed by a council of different conglomerates and multinational businesses across the globe.
What is Tezos (XTZ)?
One of the most unique things about Tezos is its governance protocol. The blockchain company operates on an open-source platform, which is developed to be self-sustainable. This means the platform can quickly apply self-amendments for more streamlined performance. According to Tezos, their blockchain network is designed to continuously evolve.
BudBlockz: The Future of Cannabis Crypto and a Platform that will Dominate Blockchain
Experienced blockchain investors and cryptocurrency experts speculate that BudBlockz will be a major player in the crypto sector within the next 5 years. They say that the cannabis cryptocurrency points to the future of crypto in terms of innovation, use cases, functionality, and practicality.
One of the primary reasons BudBlockz was able to attain such massive popularity and success in such a short time frame is thanks to its market position. The platform aims to provide secure, private, and interoperable legal marijuana and CBD buying and selling.
BudBlockz has positioned itself to be the premier cannabis blockchain platform for the massive CBD industry, currently valued at more than $80 billion. BudBlockz aims to connect recreational CBD users and businesses from all over the globe on a single DeFi platform where they can conduct secure and private transactions using the company’s native crypto (BLUNT).
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
