Experts predict bear market as BudBlockz NFT collection continues to flourish

by James · December 1, 2022

by IndustryTrends 1 December 2022

The bear market in the crypto market has continued well into 2022. Many had initially hoped that the year would be one of significant milestones and profits in the cryptocurrency industry, but the past few months have proven otherwise. It has instilled a lot of fear and panic among investors, as many are now suffering losses, and others are unsure of the next step in the ecosystem.

While many cryptocurrency analysts and experts remain optimistic and believe that a bull market is just around the corner, others have made predictions that suggest the bear market could continue much longer.

There is no accurate prediction as to when the current market downturn will end. However, there are certain investments that investors should look into if they want to revitalize their portfolios and make money. The BudBlockz project and its NFT collection, Ganja Guruz, is a good example and one that has caught the eye of investors.

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Crypto giants have not been spared the impact of the bear market

Due to the global rise in inflation, fear and uncertainty have gripped the cryptocurrency market, resulting in a significant reduction in crypto investment, piloting the industry further into the bear market. It has also resulted in investors relocating to mine tokens after countries such as China moved to ban Bitcoin mining.

Following the collapse of FTX (FTT), cryptocurrency prices have also suffered from volatility. This is expected, as FTX was one of the largest and fastest growing platforms for crypto exchanges. In early November 2022, the stock exchange filed for bankruptcy. This news has negatively affected the ecosystem, forcing analysts to believe that the bear market will not end anytime soon.

BudBlockz (BLUNT) is a project that brings welcome optimism to the market

BudBlockz (BLUNT) is a new project that seeks to bridge the gap between cannabis, its users and the crypto sector. BudBlockz has unique features that will advance the legal cannabis industry. It is one of many reasons why the project’s rapid growth in popularity and demand is causing its original token, BLUNT, and NFT Collection, Ganja Guruz, to rapidly increase in value.

BudBlockz has created a community-friendly e-commerce site for legal cannabis users. It is a platform powered by blockchain technology that promises fast, safe, secure and cheap services. But despite having a streamlined e-commerce platform for cannabis enthusiasts and a fast-growing community, experts believe BLUNT remains extremely undervalued.

Ganja Guruz – BudBlockz’s NFT collection with a difference

BudBlockz (BLUNT) has launched an NFT collection called Ganja Guruz. This series consists of digital artwork based on popular video games from the 1990s. It is built on the ERC-721 protocol on the Ethereum network.

Once an NFT is purchased from the Ganja Guruz Collection, the owner can own a stake in BudBlockz’s cannabis farms and dispensaries through the fractional ownership system. NFT buyers must first complete a KYC application to own fractions in the facilities.

Many experts believe the Ganja Guruz NFT collection will provide better returns than other blue-chip NFTs in the near future.

To make your own BudBlockz Ganja Guruz NFT visit: https://budblockz.io/nfts

Once on the page, click the “Mint Now” button and connect to your ERC20 compatible wallet. You will be able to mint your Ganja Guruz NFT for 0.09 ETH.

Use promo code “CYBERWEEK” to receive a 20% bonus on your $BLUNT purchase before December 5th, 2022.