Cryptocurrency investors who have weathered the first three quarters of 2022 are looking for new types of medium- to long-term value. With market volatility continuing to make short-term propositions a bit too risky for most portfolios, analysts have begun to turn their attention to emerging or undervalued cryptocurrencies whose value propositions and use cases prepare them for the market's eventual return to form. Three tokens—BudBlockz (BLUNT), Reef (REEF), and Ravencoin (RVN)—have each earned the attention of cryptocurrency analysts in the past few weeks, and for three very different reasons.
BudBlockz is closely tied with the lucrative and expanding retail cannabis market. While previous attempts to establish a crypto-cannabis space often felt rushed, BudBlockz is taking a more measured approach designed to adapt to evolving real-world market conditions. Its strategic decision to open its private sale to anyone with a compatible wallet was shrewd, and has already rewarded a solid community of investors with a 40% appreciation in BLUNT's price at the start of its official presale.
Building on the strength of its community, BudBlockz's roadmap highlights specific areas in which cryptocurrencies can deliver measurable value to cannabis producers, processers, and retailers. For example, BudBlockz's vision for a network of virtual dispensaries is predicated on helping existing cannabis retail operations solve persistent problems, not on reinventing the wheel. It all adds up to a surprisingly sober approach, if you'll forgive the term, to a market niche that has too often taken its value propositions and use cases for granted.
Memecoins thrive on hype, but tokens that focus on innovative, reliable crypto infrastructure promise greater long-term value. That's why Reef has begun to assert itself as a compelling way to play the crypto space's next resurgence.
REEF facilitates transactions on the Reef network, a project dedicated to expanding DeFi opportunities by uniting blockchains and exchanges more generously and completely than other networks allow. Based on Polkadot's heavily interoperable framework, Reef accommodates both Layer-1 and Layer-2 cryptocurrencies and has established itself as the first cross-chain DeFi solution that spans both CEXs and DEXs. It may be the most promising platform for future DeFi development, and REEF's value will depend on how avidly developers take advantage of that opportunity.
Ravencoin is a fork of Bitcoin, designed to convey the benefits of the world's most widely held cryptocurrency with a far lower barrier to entry. A proof-of-work token, Ravencoin requires only a decently spec'd computer to serve as a mining rig, allowing individual investors to compete for coins without the need for heavy investments in physical infrastructure.
That approach paid huge dividends in the leadup to Ethereum's Merge, which shifted the second-leading cryptocurrency to a proof-of-stake basis. Investors who prefer a POW approach eased back Ravencoin immediately following the Merge, but the new crypto landscape should support Raven's use case in the years to come. So should developments on the Ravencoin network. It was recently listed on FTX, and its upcoming offerings include a P2E VR platform, Meta-Z; and a cold storage device to help Ravencoin miners secure their holdings.
Learn more about BudBlockz (BLUNT)
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
To purchase your $BLUNT tokens
Step 1: Visit the official BudBlockz website https://budblockz.io
Step 2: Click the "sign up" button at the top of the page
Step 3: Create a Budblockz account. Ensure you use a valid email address.
Step 4: From your client dashboard, click the "buy $BLUNT" button
Step 5: set the amount you want to purchase and the currency you want to order in
Step 6: Make the payment to the provided wallet address
Step 7: Receive your tokens!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.