Some say the crypto winter is slowly melting into spring, others believe it may turn into an ice age. One thing is for sure – either way, adding potent crypto projects to your portfolio will help you achieve diversification benefits, regardless of whether the crypto market keeps weakening or starts gaining once again. To help you out, we’ve done the research and uncovered the following crypto coins that you should buy during this crypto winter.
Dogecoin May Recover
At the end of October, Elon Musk’s tweets made DOGE skyrocket, with the price doubling almost overnight. The famed coin, made as a joke rather than a token with real utility, may keep increasing as long as Elon keeps supporting it.
Perhaps one of the most lucrative developments would be to adopt DOGE as Twitter’s main cryptocurrency, which will undoubtedly make the price jump this crypto winter. Nonetheless, if you are not into highly volatile and speculative investments, Ripple or BudBlockz below may be more suitable for your portfolio.
Ripple May Win the Legal Battle
One major development for Ripple is the approaching result of the legal battle with the SEC, the Securities and Exchange Commission in the US. Investors in XRP are extremely optimistic and continue the inflow of money in XRP products, which indicates investor confidence that the company will win the case against the SEC.
Except for troubles with the legal battle, Ripple is already well-established in this competitive industry. It aims to replace transfer services, especially SWIFT, as it allows businesses all around the world to conduct transactions at a fraction of the speed and cost of traditional means.
BudBlockz Shakes the Cannabis Industry
BudBlockz is a new platform for cannabis enthusiasts who can buy and sell marijuana products. This innovative project has not only shaken the weed industry, but also the investment world. The private sale of the native token (BLUNT) sold out early, and more than 52 million tokens have already been bought so far, although the crypto project is still in its presale stage.
This popularity and investor confidence is based on the multiple use cases of the platform. Apart from being a marketplace, the BudBlockz ecosystem is also a hub for cannabis investors. The NFT collection allows token holders to buy NFTs and gain fractional ownership in marijuana businesses all over the world.
As cannabis becomes legal in more and more jurisdictions, BudBlockz stands on an opportunity worth billions of dollars. Since its token is used for multiple cases, it’s expected to soar after the official launch date on the 5th of December. Thanks to the many perks and benefits available to consumers and investors, BudBlockz will protect your portfolio even if the crypto winter turns into an ice age, as some predict.
Dogecoin, Ripple, and BudBlockz are three projects very different from each other. Depending on your risk appetite and whether you are into speculative investments or you want to check the fundamentals first, you should keep an eye on these projects and their native tokens.
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 articles are available to purchase from leading exchange eToro
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.