Cryptocurrencies have emerged as an attractive investment instrument due to their advantages, such as decentralization, instant payments, and the ability to generate passive income. Some tokens have posted huge rallies in the past and continue to impress with their updates and unique features. BudBlockz ($BLUNT), Ethereum ($ETH), Cardano ($ADA), and Kava ($KAVA) are some cryptocurrencies that have the potential to register bullish rallies soon. Let’s find out about some of the major updates and features of these cryptocurrencies.
BudBlockz is building a decentralized solution for the cannabis industry
BudBlockz is a new marketplace for cannabis users. The native cryptocurrency known as $BLUNT is currently available on presale here. BudBlockz will allow users to make cannabis purchases easily and process payments through the BLUNT Token.
Many analysts have expressed confidence in the BLUNT Token and it might continue to rally once it gets listed on mainstream exchanges.
The BLUNT Token will be used to pay for cannabis products on the decentralized marketplace of the BudBlockz platform. It will also be used for staking and decentralized finance (DeFi). In addition, users will be eligible to receive airdrops and rewards through a play-to-earn game based on cannabis themes.
BudBlockz has great plans for leveraging the power of blockchain technology to bring transparency and accountability to the cannabis sector. It will enable seed-to-sale tracking and allow users to connect through the peer-to-peer mechanism. The Ganja Guruz NFT collection will also be launched by the BudBlockz team. Owners will be able to complete KYC and access special discounts on the BudBlockz marketplace. Fractional ownership of cannabis farms and dispensaries will also be provided to owners of Ganja Guruz NFTs.
BudBlockz plans to connect cannabis suppliers and customers through a global e-commerce marketplace. Customers will be able to access cafes, farms, and dispensaries through the BudBlockz platform and make payments easily through the BLUNT Token. Participate in the $BLUNT presale to potentially register handsome gains in the future.
Ethereum breaks out with ongoing gains
Ethereum has successfully shifted to a proof of stake consensus mechanism leading to a consolidation in prices. The $ETH Token is currently trading at over $1500 at the time of writing and has seen rising demand. An increase in the activity of bulls has led to a surge in prices and many analysts believe that ETH might register another round of rallies in the near future. Ethereum is one of the largest networks with many dApps and developers preferring to launch their tokens and applications on the platform.
Cardano whales manage to push prices
Cardano is a proof-of-stake cryptocurrency network that is built on peer-reviewed academic research. The network utilizes a native cryptocurrency known as $ADA. Cardano recently came up with the Vasil upgrade resulting in better transaction times and greater decentralization. The $ADA Token has recently seen its price rise in line with increased demand. The $ADA Token could also rally once the whales decide to push prices after another round of accumulation.
Kava registers an increase in developer activity
Kava combines Ethereum compatibility and interoperability of Cosmos chains. The $KAVA Token is used for governance and payment purposes inside the Kava ecosystem. Stakers are eligible to earn 37.5% of rewards issued in $KAVA Tokens. The $KAVA cryptocurrency has posted strong rises recently. Analysts tracking the cryptocurrency space have noted an increase in developer activity that could lead to a further rally in the medium to long term future.
Learn more about BudBlockz (BLUNT) presale at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
