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BudBlockz (BLUNT), Aptos (APT), and Frax Share (FXS) Are the Bear Markets Big Gainers

Budblockz pre sale

Are the Bulls back? This was a question more cautious observers may have begun asking themselves over the past week or two, when the cryptocurrency market rose from a total cap of roughly $942 billion on the first week of the year to $1.044 trillion on 23rd January, representing a gain of 8.5% in approximately a day.

Indeed, going back to last December (when the market was worth about $825 billion), prices have risen by nearly 24% on average, with some altcoins such as BudBlockz (BLUNT), Aptos (APT), and Frax Share (FXS) doing even better over recent timeframes.

The arrival of somewhat positive US inflation data has boosted investor sentiment; we have entered the beginning of the end of the 2022 crypto bear market.


BudBlockz (BLUNT)

BudBlockz (BLUNT) is a digital eCommerce and NFT platform that seeks to facilitate the adoption and sensitization of the cannabis industry. The platform is a recent addition to the blockchain and crypto ecosystem that serves the cannabis industry.

BudBlockz is the first token-backed NFT eCommerce platform that seeks to revolutionize the cannabis industry. Users of the platform can purchase their favorite products safely, privately, securely, and legally.

BudBlockz has also developed its NFT collection known as the Ganja Guruz. The NFT collection will feature games developed in the 1990s. Holders of the Ganja Guruz NFT can make passive income from profits.

Holders of BudBlockz’s native token, BLUNT, are granted access to purchase business stakes across the platform. These may include stakes in cannabis farms, products, and dispensaries.

BudBlockz’s presale is currently ongoing. It is an excellent opportunity for crypto investors to be part of one of the fastest-growing markets – marijuana – and benefit from its growth.


Aptos (APT)

Aptos (APT) is a layer one blockchain developed by Aptos Labs in 2019. It uses the MOVE smart contract programming language and emphasizes security, user experience, and upgradeability.

The Aptos network uses a proof-of-stake (PoS) consensus algorithm, which requires validators to have a minimum amount of staked Aptos tokens to participate in transaction validation.

Aptos has garnered a lot of attention since its early days. The Diem blockchain’s developers developed the blockchain, an initiative of Meta (formerly Facebook).

While the Diem project was abandoned, the Aptos team aimed to build over the advantages of the Diem blockchain. Their mission is to make crypto accessible to the average user through its scalability advantages.

Aptos has influential investors backing the project. The project has also gained momentum because of the developers on the team.

Both founders have earlier worked in Meta and have been part of many crypto projects. The online community of Aptos is popular and very strong. The Aptos discord channel has more than 125,000 members.

Frax Share (FXS)

The Frax Protocol is the first crypto fractional-algorithmic stablecoin system. Frax is permissionless, open-source, and entirely on-chain – currently implemented on the Ethereum network (with possible cross-chain implementations in the future).

The end goal of the Frax protocol is to provide highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

The supply of the FRAX token is dynamic and constantly changing to keep the price at $1 due to its fractional-algorithmic monetary policy.

The Frax Shares (FXS) tokens supply is hard capped to 100 million tokens at genesis with no inflation schedule in the protocol.

The FXS token is the governance token that accrues all value of newly minted FRAX, fees, and excess collateral. FXS is a governance and investment asset, while FRAX is the currency token.

Use promocode: BUYBLUNT for a 20% bonus on your purchase. Valid until January 31st. 

Purchase or learn more about BudBlockz (BLUNT) at the links below:

Official Website:

Presale Registration: 

BudBlockz Community Links:

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Tech Arena is an independent technology news website that mainly covers social media news, mobile and gadget news and reviews, apps and software among others. The site focuses on tech news from all over the world that directly impact Kenya.
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