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Three Highly Lucrative Tokens for Your Crypto Wallet: Filecoin, XRP, and BudBlockz

12 Oct, 20224 min readAltcoins
Three Highly Lucrative Tokens for Your Crypto Wallet: Filecoin, XRP, and BudBlockz

Cryptocurrency investing might seem like an intimidating task for a lot of people. Thousands of cryptocurrencies are currently available, so where does an investor start?

Not every cryptocurrency out there has a solid project and team behind it, which means that filtering out the projects that are good from the ones that might be stagnating can be difficult.

As such, today, we will be jumping into some of the most lucrative cryptocurrencies you can get.

How to Find Lucrative Tokens?

The most lucrative tokens will typically be associated with ambitious projects where they are used. Specifically, they will need to have a high level of utility within their ecosystem and even be utilized for the governance process in some cases.

To find tokens from projects that are growing, you need to visit the official website, figure out the qualities of the team behind it, and see what kind of technology it implements.

Suppose there is interest and a community for the project, and you have a genuine belief and interest in what it has to offer. In that case, those factors might ultimately make it a lucrative token for you. Let’s go over some of the best options currently available.

Three of the Most Lucrative Tokens To Have In Your Crypto Wallet

These are the most lucrative cryptocurrencies that should be a part of anyone’s cryptocurrency wallet.

1. Filecoin (FIL)

Filecoin is essentially a blockchain network that can be utilized as a digital storage marketplace that leverages the power of the blockchain. It is built on top of the InterPlanetary File System (IPFS).

Its network utilizes idle hard drive space and bandwidth as a means of providing data storage and retrieval services within the open market. Anyone can participate as a storage provider and monetize their spare hard drive capacity.

The network can also detect faulty storage nodes and redistribute their files to reliable nodes.

FIL is the native cryptocurrency that incentivizes various node types to contribute to the network. There are Chain Verified Nodes, Ciient Nodes, Storage Miner Nodes, and Retrieval Miner Nodes, all of which contribute to the network in some way. FIL can also be used as collateral for miners to participate in the ecosystem.

2. XRP (XRP)

The XRP Ledger (XRPL) is essentially an open-source distributed ledger that gains its power from a peer-to-peer (P2P) network of servers.

XRP is the native cryptocurrency that lives on top of XRPL, and it’s designed to be the bridge currency.

The XRPL also offers a decentralized exchange that allows the process of trading IOs and XRP. There’s also smart contract functionality and support for the network-agnostic Interledger Protocol.

XRP’s total supply is capped at 100 billion XRP, and the available supply is made in a way through which it can decrease over time, where the accrued transaction fees get destroyed.

3. BudBlockz (BLUNT)

BudBlockz is a decentralized cannabis investment and eCommerce platform built to open the market on a global scale in a decentralized way. BudBlockz is powered by its native and powerful utility token known as the BLUNT token, which can be used as a medium of exchange or to facilitate liquidity across the ecosystem.

BudBlockz is an ecosystem that facilitates the easy navigation of an otherwise challenging space for investors by helping each participant gain access to the open marketplace operating within legal jurisdictions and fractional ownership of NFTs.

Its NFT marketplace is built on top of Ethereum and, as such, provides interoperability with different blockchain networks that permit dealers to exchange tokenized adaptations of their resources on a global scale. There will be a maximum supply of 420,000,000 BLUNT tokens in circulation, and 10,000 Ganja Guruz non-fungible tokens (NFTs) will be released.

Access the Digital Channels of BudBlockz to Learn More:

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