Analysts Suggest a Market Downturn During the Winter. Why Are Budblockz and Tamadoge Beating the Odds?

All markets go through periodic cycles when the price either goes up or down.

XEN Crypto low down dropped what happened

All markets go through periodic cycles when the price either goes up or down. Fluctuations are normal and expected. Sometimes they can be caught in a downward spiral with the price of certain stocks falling more than expected, this is referred to as a crypto winter.
Cryptocurrencies have suffered a brutal downturn this year, losing over $2 trillion in value since the height of a massive rally in 2021. Bitcoin, the world’s most dominant cryptocurrency, is off 70% from a November all-time high of nearly $69,000. Bitcoin is not the only cryptocurrency which has fallen along way from its all-time high. Popular coins Ethereum and BNB have suffered similar losses while memcoin Dogecoin has fallen over 90% from its peak.

But something about the latest crash seems different from the previous crypto winter we experienced in 2018 and earlier market downturns— the newest cycle has been marked by a series of events that have caused contagion across the industry because of their interconnected system and business strategies.

Sponsored

It is not clear when the market turbulence will finally be over. However, analysts expect more pain ahead as crypto firms struggle to pay down their debts and process client withdrawals.

Despite this downturn, Budblockz and Tamadoge continue to beat the odds; why?

BudBlockz

BudBlockz (BLUNT) is a newly established, innovative blockchain platform built on the Ethereum network that takes advantage of real-world utilities to bridge the gap between cryptocurrency and cannabis. Its presale launch last month was heralded as one of the most successful token launches of 2022.

BudBlockz has grown into a leader in the cannabis delivery space by merging two of the fastest-growing industries in the world.

BudBlockz provides its investors an excellent opportunity to get involved with the ever-growing cannabis industry, irrespective of the laws where they live. Investors can also get fractional ownership of cannabis businesses such as farms, dispensaries, and cafes.

BudBlockz offers many other features that will raise the value of BLUNT, such as token staking, listing on Coinmarketcap, Coingecko, and centralized exchanges. Also, other upcoming features include the NFT marketplace, P2E Gaming, and the BudBlockz community.

BudBlockz is still in the process of development and presents the best opportunity for investors to get involved early.

Tamadoge

Another coin that is seeing massive growth, even during this downturn winter, is Tamadoge. Tamadoge (TAMA) appears to be capturing the attention of crypto investors, up over 400% in the past seven days as of 10th October.

The meme token follows the cryptocurrency giants, such as Dogecoin (DOGE) and Shiba Inu (SHIB), but it hopes to stand out with its crypto gaming offerings.

Its recent surge follows Tamadoge applying Binance regarding a potential listing. TAMA has already seen listings with major exchanges, including OKX and MEXC Global. gomez

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: 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

This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions, Privacy Policy, and Risk Warning have been recently updated.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Press Release

Read the most recent crypto press releases on DailyCoin to know all the latest project news from fintech and blockchain businesses. Disclaimer: This article is a press release and was not written by DailyCoin. We always aim to have the highest editorial and fact-checking standards, so if you encounter any content related issues, please contact us at pr@dailycoin.com.

Read more