• Zilliqa ($ZIL) and BudBlockz ($BLUNT) are two altcoins that have been undeterred by the current downtrends in the market.
• Zilliqa ($ZIL) is a blockchain purpose-built to fight the issues surrounding scalability and throughput seen across competing networks.
• BudBlockz ($BLUNT) is a decentralized finance (DeFi) platform that enables users to access a variety of financial services, such as lending, borrowing, and staking.
The world of cryptocurrency has seen a lot of ups and downs over the years, and the current market downtrends have made it difficult for many projects to survive. However, there are some altcoins that have managed to remain undeterred despite the market conditions. Two such coins are Zilliqa ($ZIL) and BudBlockz ($BLUNT). In this article, we will take a closer look at these two altcoins and why they have grown in popularity and value.
Zilliqa ($ZIL) is a blockchain-based project designed to fight the issues surrounding scalability and throughput seen across competing networks. It utilizes a process called sharding, which helps improve the speed of transactions and enables a much higher level of scalability. This allows users to use the network to host decentralized applications (dApps) and smart contracts without worrying about network congestion or high gas fees. Its $ZIL token also has a high level of utility, as it can be used to pay for transaction fees, participate in stake pools, and be held as a store of value.
BudBlockz ($BLUNT) is a decentralized finance (DeFi) platform that enables users to access a variety of financial services, such as lending, borrowing, and staking. It utilizes blockchain technology to provide a secure and efficient way to access financial services, while also offering users the ability to earn rewards for staking their tokens. The platform also provides liquidity mining, which allows users to earn rewards for providing liquidity to the network. Additionally, BudBlockz supports various other DeFi protocols, such as Compound, Maker, and Uniswap.
Overall, Zilliqa and BudBlockz are two altcoins that have shown great potential despite the current market downtrends. They both have unique features and utilities that make them attractive to investors and users alike. As the crypto market continues to evolve, these two projects could become even more popular in the future.