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El Salvador’s president, Nayib Bukele, remains popular despite bitcoin’s weak bet

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El Salvador’s president, Nayib Bukele, led the country to pass a Bitcoin Law In September last year. state accepted Bitcoin as legal currency The money was invested in buying cryptocurrency. However, with Bitcoin losing two-thirds of its value this year, Bitcoin’s bet in El Salvador is seen as a bad bet.

Bukele Still Popular Despite Bad Bitcoin Plan

El Salvador has invested $107 million in buying bitcoin to support the country’s bitcoin law. However, the bitcoin bet did not pay off, as the investment lost more than $61 million. The data also shows that many citizens do not use the currency either.

Also, El Salvador’s economy is not doing well. The International Monetary Fund (IMF) has warned that El Salvador’s economy will rise by only 1.7% in 2023, which may appear as if the economy is in a recession.

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However, the performance of the economy did not affect the popularity of Bukele. A CID Gallup poll on Thursday showed that Bukele has the highest approval rate in Latin America.

CID Gallup surveyed 1,200 citizens in 13 Latin American countries. The results of the survey showed that Bukele had the highest level of popularity and 86% approval. Bukele performed better in the survey than leaders of major Latin American countries such as Argentina and Mexico.

The results of the survey were surprising because in 2021, Salvadorans protested the implementation of the bitcoin law. Salvadorans also complained that Bukele was gaining too much power.

Bukele’s decision to approve Bitcoin as a legal currency has faced criticism from countries such as the United States and institutions such as the World Bank and the International Monetary Fund. Under the Bitcoin law, El Salvador required all companies in the country to accept Bitcoin as a payment method for goods and services if they were technically equipped.

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At the start of the Bitcoin Act, the Salvadoran government encouraged citizens to use the largest cryptocurrency by saying that they would receive $30 worth of Bitcoin that would be airdropped into a state-backed digital wallet. However, many Salvadorans have remained reluctant to use the digital currency.

Bukele fights crime

El Salvador is usually rated as one of the deadliest countries in the world. However, the country allegedly became less dangerous under Bukele’s rule. In 2022, Bukele began cracking down on suspected gang members. Bukele’s government arrested more than 53,000 gang members.

Many Salvadorans praised the repression. Many now said the country was safer. However, human rights groups have called the crackdown unsustainable, adding that it could overwhelm the country’s prisons.

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Budblockz, Tezos, and Decentraland Set to Be the Best Alternatives to Bitcoin for 2023

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As we move towards 2023, many investors are looking for the best cryptocurrencies to buy for high returns after this year’s cryptocurrency bear market. The guide covers the top cryptocurrencies you can invest in with analysis of historical prices, use cases, and more. So, keep reading to learn about the best cryptocurrencies you can invest in.

1. Tezos (XTZ)

Tezos is one of the most popular projects. The decentralized application hosting and smart contract platform enables peer-to-peer transactions. The XTZ symbol is also known as Tezzie or Tez. XTZ holders get tokens when they participate in the Proof of Stake consensus mechanism. Many analysts are optimistic about Tezos’ long-term prospects.

Tezos does not have a maximum supply, unlike most cryptocurrencies. This means that people hold it as an asset because of its interest. Thus, if cryptocurrencies have a valid use, their lack of limited supply can be inconvenient. Moreover, the rate of inflation may prompt people to buy their XTZ. It can make its network more secure.

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Approximately 80% of the XYZ in circulation is locked into storage mode. Thus, fewer tokens are in circulation. But the demand for cryptocurrencies is increasing.

Tezos is known for its fast and energy efficient blockchain technology that can support smart contracts. It is preparing to make a million transactions every second. The speed of this cryptocurrency transaction has led analysts to claim that it could eventually become a “cryptocurrency visa.”

Although NFT collaborations in the art world are all the rage right now, Breitman indicated that a big boost in the future could come from the world of decentralized finance and blockchain gaming.

She has signed deals with prestigious sports teams around the world, including the New York Mets and Manchester United. It has also partnered with McLaren and Red Bull Racing. It ensures that cryptocurrency is always top of mind with investments.

New projects, technology upgrades, pipeline projects on the blockchain, and new sponsorship deals give investors a compelling reason to invest in this altcoin.

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2. Decentralland (MANA)

It is a decentralized Metaverse token that facilitates the operation of the digital world. Users can buy and sell plots of land on the Decentraland platform. Cryptocurrency supports users who are interested in real-world payments, interactive applications, and P2P communications.

MANA, Decentraland’s original token, is used to purchase virtual land in the Metaverse region of Decentraland. Users can also purchase other services and goods with the token.

It is one of the best digital currencies that has gained a foothold in the metaverse space – the digital real estate project. Decentraland is an emerging and fast-growing space with growth potential to support the future of virtual reality. It’s exciting for many investors.

Currently, it is a metaverse related cryptocurrency which has become the investment of choice for many long-time believers in the industry. This is mainly because the cryptocurrency is positioning itself as the first virtual world owned by users. It is a free market economy in the new era. Decentraland is the leading metaverse space where its users offer real money exchange and real benefit. Metaverse-themed cryptocurrencies like this and their demand is on the rise.

3. BudBlockz (BLUNT)

BudBlockz is one of the upcoming cryptocurrencies that is still in the pre-sale stages. The platform has come up with several innovative developments to drive a unique market for the cannabis industry. It connects two rapidly growing industries: cannabis and cryptocurrency. The platform allows consumers to perform peer-to-peer transactions securely. BudBlockz has a diverse use case and will use blockchain technology to make sure to promote transparency and accountability in the marijuana industry.

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BudBlockz can help businesses and users take partial ownership of cannabis businesses and dispensaries. Moreover, the platform will enable users to buy or sell through a peer-to-peer model.

Besides providing a decentralized digital space for cannabis transactions, BudBlockz has several other innovative features, including the creation of a decentralized marketplace where users can purchase more than 10,000 Ganja Guruz NFTs. Those who purchase and hold this NFT will enjoy unique benefits, such as discounts on various marijuana products, partial ownership of dispensaries and farms, and membership in all BudBlockz dispensaries around the world.

BudBlockz is a decentralized exchange where you can use your BLUNT tokens to be part of the DeFi space and secure passive income. You can use your BudBlockz wallet to make easy payments simply with a button and participate in DeFi.

After its launch, early adopters can expect some big profits in the medium to long term.

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Altcoins are an excellent way to quickly increase your capital because, in a bull market, altcoins tend to outperform Bitcoin. The current prices of some altcoins may be better for sellers, but for buyers, it is an opportunity to snap up some tokens with great potential at bargain prices. So, expect market cycles to once again drive cryptocurrency higher in 2023, these altcoins can provide the best returns on your investment.

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

Official Website: https://budblockz.io/
Pre-sale registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz

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An all-in-one approach to building next-generation cryptocurrency investment platforms

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The ongoing FTX saga has injected more uncertainty into an already shaky market. If it wasn’t already obvious, even the largest centralized exchanges could fail. The problem is multifaceted. On the one hand, as in traditional finance, centralized institutions are only as good as the people who run them. When investors use services like FTX, they are putting their trust in the people who run the service. Unfortunately, History is full of examples of powerful people taking advantage of that trust.

On the one hand, cryptocurrency is still very new. The vast majority of cryptocurrency users are not well versed in all the technical foundations of how things work. For most digital assets are just an alternative means of investment, so the most suitable solutions are the most common.

However, given how young the industry is, it is going through a number of growing pains, to which even the most established platforms are subject. It may be the key to getting the ship right and protecting users as they navigate these new waters Educate them and provide them with as many tools as possible.

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Everything a user needs in one place

The combination of convenient, centralized services and streamlined DeFi offerings gives users access to the best of both worlds. Moreover, it is also important to complement the financial products offered by the platform with a diverse educational component.

The cryptocurrency space offers a wide variety of investment opportunities, however, users need to have a certain level of preparation before they can take advantage of these tools. This is why more and more financial service providers in the space are launching academies and educational arms to help their clients make smarter investments.

Understanding the tools in front of you that can help you achieve it is the first step to building a strong crypto portfolio. And especially in volatile times like the one the industry is going through right now, having the knowledge to navigate space is of the utmost importance.

Pioneering an all-in-one approach

The all-in-one approach to crypto is a proven way to give users access to all kinds of tools and financial resources that they need to build a solid portfolio of assets. This is the approach I took ClearCryptosan integrated digital currency platform that aims to meet all investment needs of users – from a variety of investment tools, through an educational and analytical platform to support sound investment logic.

In terms of financial services, ClearCryptos has aggregated 50 different platforms that all perform different functions. Each platform has been thoroughly vetted before it is integrated into the service and offered to users. By curating projects that deserve its user base and bringing unique value to the service, ClearCrypto has been able to kill two birds with one stone, by giving users convenience without forcing them to sacrifice security. These mergers also bring the full suite of products offered by ClearCrpyots, including token swaps and entry and exit ramps.

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But ClearCryptos hasn’t made a name for itself just because of the strength of the financial services it provides. Key to the success of the project was building a comprehensive learning platform so that its users not only have a wide range of options available to them, but also can fully understand what they are involved in and make decisions that protect and benefit themselves. . With a rich library of educational videos, tutorials, and details of the latest happenings in crypto, ClearCryptos offers a comprehensive overview of the entire space for investors who are just starting out.

In terms of convenience, the service has a number of official platforms that allow its user to easily deposit funds in their native currencies into the platform as well as withdraw it back to their bank accounts. These paper ramps are linked to ClearCryptos Swap, a decentralized pool swap mechanism which also offers reduced transaction fees to anyone holding CCX, the native token of the ClearCryptos platform. ClearCryptos is the only service of its kind that offers a decentralized system on ramps and fiat ramps for US residents. This is made possible by the project’s pioneering partnership with Plaid, Silia KYC, and Evolve Bank.

The importance of education and analytics

On the analytics side of things, ClearCryptos has developed its own in-house platform. ClearCryptos Analytics Dubbed the “Google of crypto,” it provides a wealth of information that is easy to digest and applicable to users of all experience levels. The platform was able to launch thanks to a strategic partnership with TradingView, a leader in analyzing market trends and price action.

All of these tools and services are complemented by a library of comprehensive learning materials that includes over 400 videos and many frequently asked questions and how-to concepts. With this wealth of resources, ClearCryptos has tried to deliver on its mission to make sure that its users not only have all the tools they need, but that they know how to use them safely and to their advantage.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim to provide you with all the important information we can obtain, readers should do their own research before taking any actions regarding the company and take full responsibility for their decisions, and this article cannot be considered investment advice.



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Next 10x Crypto IMPT Token News – Listing price confirmed as $0.0253

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There are only a few days left in the IMPT pre-sale, which ends December 11th. One of the most highly anticipated new digital currencies of the year, this token sale is now raising hundreds of thousands of dollars a day, and close to $1 million in the last 24 hours.

Although IMPT has lowered its hard cap target, things are now moving much faster and by the second week of December 2022, IMPT will be listed in one of the largest Decentralized exchanges (DEXs) in the crypto industry at a symbolic price of $0.0253.

This will be the Uniswap listing on December 14th, followed shortly by central listings in LBank and Changelly Pro.

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The seed funding raised is currently around $16 million, making this one of the fastest growing cryptocurrency projects of 2022.

The pre-sale is set for the IMPT code at all

IMPT It is the native cryptocurrency of this platform, the ERC-20 token, which will be at the center of its carbon offset Cryptocurrency project in the future. According to the IMPT white paper, the project intends to connect interested clients and companies that want to support environmental concerns.

Be part of a huge ecosystem that connects businesses that care to individuals and businesses looking to reduce their carbon footprint. The IMPT platform, built on the Ethereum blockchain, allows you to buy, sell or withdraw carbon credits without participating in double counting or fraud.

Visit IMPT.io here.

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How IMPT fights climate change

Reduce your carbon footprint and make an impact with many rewards. Buy, sell and retire carbon credits through the IMPT.io platform. Carbon credits are poured into the NFTs, which helps prevent any fraudulent activities. Meanwhile, the use of blockchain ensures a stable and transparent ecosystem that addresses environmental challenges in the most efficient way.

The IMPT token pre-sale process and listing update are covered in detail in the video above. Don’t forget to subscribe to it YouTube channel For more coding updates.

Insert the IMPT code

IMPT is currently priced at $0.023, and the listing price will be $0.0253. The exchange will be listed on December 14, 2022, initially with Uniswap, LBank, and Changelly, and they plan to add at least seven more exchanges over the coming months. And they will burn any remaining coins in the pre-sale 2.

All Pre-Sale 3s are insured for 12 months by TGE and granted over 12 months, to support their Use Case 3s.

This means that those who invest now will receive an unrealized 10% gain immediately on launch day – and since retail investors are not subject to vesting or any type of holding period, they are free to cash in immediately if they wish.

Visit IMPT Presale here Before it ends on December 11th.

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  • The early stage pre-sale is now live
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