BudBlock Is Predicted To Be The Next Bitcoin As FTX Crash Rock Solana
Have you ever imagined any crypto that can replace Bitcoin (BTC)? Of course, that should be a coin with much greater value.
At the beginning of the year, most coins were created with the hype to outperform the top existing coins, and more are still being created. Among all, only a few have the potential to do so. Analysts have predicted BudBlockz (BLUNT) as one of these coins that could become the next Bitcoin, considering its unique services.
More so, this is likely to be achieved owing to the recent bombshell of FTX, the third-largest decentralized crypto exchange platform by volume. The FTX (FTT) crisis has rendered almost every significant cryptocurrency bullish, with a major impact on Solana (SOL). Solana will likely suffer longer as Binance has revealed its intention not to rescue FTX. While there is a lot of fear and uncertainty within the Solana community, some members are considering moving away. BudBlockz could be their destination, as $BLUNT is ready to explode.
While Solana suffers the FTX crisis, let’s dive in to discover how BudBlockz could become the next Bitcoin.
What Will Be the Worth of Solana (SOL) in 2023?
The recent flop in the price of Solana (SOL) has drawn much attention. This effect is attributed to the liquidity crunch in FTX. The FTX crisis is among the best-known crypto exchange platforms and has rendered Solana crippled. There are a lot of questions in the air as to whether Solana could survive this crash.
However, Solana (SOL) still holds the 14th position in the coinmarketcap ranking and was created as an open-source ecosystem to facilitate the building of decentralized applications (DApps). Solana is a very good platform when it comes to providing scalability. However, if the price of SOL keeps dropping due to the FTX (FTT) crash, Solana will likely lose most of its supporters to new potential coins like BudBlockz.
Could Bitcoin (BTC) Have a Resemblance?
Bitcoin (BTC), the first cryptocurrency, still retains its first position in the coinmarketcap despite its bearish state. BTC was created in 2009 as a solution to the challenges faced by fiat currency. Being the first to exist, it has successfully paved the way for the existence of other cryptocurrencies known as “alternative coins.” And today, many industries have adopted coins as a payment method.
Although Bitcoin (BTC) is known to be innovative, great coins like BudBlockz have erupted in the crypto space to marry the concept of cryptocurrency and blockchain technology and offer a transparent and trustworthy e-commerce ecosystem.
Could BudBlockz be the Next Big Cryptocurrency to Skyrocket in 2023?
BudBlockz’s (BLUNT) goals in the crypto space have been so loud that analysts see it becoming the next Bitcoin. BudBlockz (BLUNT) is a new, open-source ecosystem built on the Ethereum blockchain to unite cannabis enthusiasts worldwide.
BudBlockz seeks to employ the innovation of blockchain technology along with cryptocurrency to provide solutions. In addition, the platform aims to erode the challenges that have plagued the cannabis industry over the years. Some of these are banking issues, production regulations, and capital raising.
While Bitcoin brought decentralization into the banking sector, BudBlockz introduced decentralized finance (DeFi) systems into the cannabis industry – a system that will help cannabis entrepreneurs access loans in the form of $BLUNT, the BudBlockz native currency. In addition, BudBlockz will lead to the expansion of more cannabis dispensaries across the globe, as well as the encouragement of more supporters in the ecosystem. BudBlockz seeks to be interesting and, at the same time, introduce NFT technology into its infrastructure, and that gives it an edge over Bitcoin.