With so many projects for investors to pick from within the crypto space, it can be a bit intimidating and confusing to figure out which options stand out more when compared to others.
However, some projects pass through the noise within the crypto space and differentiate themselves in numerous ways to become appealing to investors.
Today, we will be looking at Elrond ($EGLD), Internet Computer ($ICP), and BudBlockz ($BLUNT) to see how far they can climb.
MultiversX aka Elrond ($EGLD) and its Future Value
Elrond is a blockchain platform that was purpose-built to handle a large transaction throughput and allows anyone to create decentralized applications (dApps) and cryptocurrencies. It features its native cryptocurrency known as eGOLD ($EGLD).
This token is used for staking, voting, and transacting on the network, which means it holds much value within the ecosystem.
As of mid-November 2022, the value of the $EGLD cryptocurrency has greatly depreciated and has dipped below $43, marking a low point for the year. While the token is extremely popular and finds itself in the top 50 by market cap it seems unlikely that it will reach its peak anytime soon.
The all-time high that the cryptocurrency has managed to reach was $545.64, a value achieved on November 23, 2021, almost a year ago.
Based on its historical performance, and current fluctuations, the cryptocurrency is anticipated to stay between the $41 – $46 range for the rest of November 2022.
Internet Computer ($ICP) and its Future Value
Internet Computer is essentially a protocol that enables independent data centers on a global scale to come together and offer a decentralized alternative to the centralized internet cloud providers. It features its native cryptocurrency known as the $ICP token, which is used for governance, where the holders can vote on the future of the network, and as a means of rewarding network participants for good behavior within the network. It can also be used to pay fees and make transactions as a transfer of value.
As of November 2022, the value of the $ICP has taken a hit following the fall out from the FTX scandal. The token is trading below $4 for the first time this year.
The all-time high that the cryptocurrency has managed to reach was $700.65, a value achieved on May 10, 2021. I would seem that $ICP would be lucky to reach $1 of that amount ($7.50) by the end of 2022.
BudBlockz ($BLUNT) and its Future Value
BudBlockz is an e-commerce platform, and marketplace aiming to offer users access to the cannabis industry and even fractional ownership within an inaccessible asset class. $BLUNT is the native cryptocurrency used to power it, as, through it, users can access the opportunity to buy, sell or invest in products and dispensaries on a global scale. $BLUNT will also be utilized within the NFT marketplace and enables anyone to access the ecosystem, where they can use any DEX or DeFi products.
$BLUNT is an Ethereum-based token that follows the ERC-20 token standard, which makes it compatible with any wallet that supports that standard.
As things stand $BLUNT token is on a bull run and is valued at over $0.039. As the demand continues to increase throughout the presale it is expected that the price of the token could potentially double by the time of launch which would be a huge feat considering it has already returned 160% to investors over the past 2 months.
Learn more about BudBlockz (BLUNT)
Official Website: https://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
(ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.)