BudBlockz (BLUNT), Ravencoin (RVN), and Chainlink (LINK) Are Sleeping Giants

BudBlockz (BLUNT), Ravencoin (RVN), and Chainlink (LINK) are sleeping giants. You might not have heard of them yet. It is why we will look at the reasons behind a potential price explosion for all three projects in this article.

It is always best to have a balanced and diversified portfolio as an investor. Ideally, you hold coins from projects in different industries and also with different market caps to balance out risk and stability. BudBlockz, Ravencoin, and Chainlink are great examples of coins to consider if you want to build an optimized and balanced portfolio.

BudBlockz (BLUNT) – Decentralized E-Commerce for Cannabis

Let us get started with BudBlock, the crypto project with the biggest growth potential. BudBlockz is a decentralized e-commerce marketplace for the cannabis industry. As such, it is tapping into a potential $176b market cap that has only opened up. $BLUNT will be used as a medium of exchange for all market participants. It includes farmers, dispensaries, shop owners, and retail buyers. Since they all need to buy $BLUNT to use BudBlockz, the rising demand would lead to a price increase. But you don't have to wait until everyone else buys it. Instead, you can now buy it during BudBlockz's presale at a cheaper price.

The good thing is that BudBlockz does not even have to pump very high for strong returns. With a launch price of $0.041, the market cap will be around $6m. So, if you buy the token during the presale, only a 100m market cap would give you a 10x to 20x return.

Ravencoin (RVN) – Decentralized Proof-of-Work Ethereum Competitor

Ravencoin is essentially a Bitcoin fork focused on issuing tokens for various reasons. It is an Ethereum competitor and its main advantage compared to similar projects is its decentralized-friendly consensus mechanism and security model. Ravencoin launched its token RVN in an ICO in 2018. After trading mostly sideways for almost three years, it suddenly experienced a price surge and saw its all-time high on February 21, 2021. It is interesting because it seems pretty much unrelated to the rest of the crypto market.

During the general market highs in April and November 2021, it reached its all-time high again but then started trading fairly steadily between $0.05 and $0.15. After a dip lower, it has now found support in the $0.02 region.

Since RVN does not seem to correlate much with the rest of the market, this sleeping giant could easily do a 10x with the right catalyst.

Chainlink (LINK) – Decentralized Oracle Network

Chainlink's token LINK has been one of the top 50 cryptocurrencies for quite a while. After launching in late 2017, it quickly became the biggest decentralized oracle network. Chainlink is essential for transparent and reliable data usage between projects on and off the blockchain. While it has lost quite some ground since its all-time high of $51 in May 2021, it has found pretty stable support between $5 and $7. With a market cap of about $3b, LINK is a crypto giant, and a 10x is easily doable, as we have seen in the past. And the bigger the crypto market becomes, the more Chainlink's oracle network will become relevant and required.

Final Words

BudBlockz, Ravencoin, and Chainlink are three cryptocurrencies with huge growth potential over the coming years. Once the next bull run starts, all of their tokens could virtually explode in value since they all serve a real-life purpose. As such, these three coins can build a great foundation for a strong and diversified portfolio.

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

All other major cryptos mentioned in this article are available to purchase from  leading exchange eToro