Top 10 Cryptocurrency Stocks to Buy During the Bloodbath

Top 10 Cryptocurrency Stocks to Buy During the Bloodbath

There are speculative cryptocurrency stocks to buy among the top performers, here are the top 10 of those

The original idea behind blockchain technology, a digital ledger that automatically tracks transactions between parties and confirms ownership of a crypto asset, was to create a borderless, peer-to-peer electronic cash payment system that's efficient and secure. Investors can certainly invest in cryptos themselves, perhaps by buying small amounts of several different cryptocurrencies. But a better way to gain exposure to the sector is to invest in companies even bigger, more established companies that benefit from the increased popularity of blockchain and crypto-assets. This article lists the top 10 cryptocurrency stocks to buy during the bloodbath.

Roblox Corporation

Market cap: US$39.99

Roblox is on the mission to bring the world together through play. The company enables its users to imagine, create, and have fun with their friends and explore millions of immersive 3D experiences. It took only one session for the RBLX stock to surge from US$77 to US$110, which indicates that it might turn into one of the hottest crypto stocks in 2022.

Coinbase Global

Market cap: US$55.41

Coinbase Global is one of the top cryptocurrency trading exchanges where users can buy and sell major cryptocurrencies like Bitcoin and Ethereum and enable them to trade more than 50 altcoins. The success of this trading platform is contingent upon the increase in crypto prices. Coinbase earns a small transaction fee every time someone places an order to buy or sell cryptos. The platform also offers game-changing innovations for the customers.

Voyager Digital

Market cap: US$0.26

Voyager Digital is a cryptocurrency stock and exchange that offers users the ability to buy the topmost popular cryptocurrencies. It also offers the advantage to earn an attractive yield on the assets, which is one of the most-wanted facilities in the crypto industry. This stock will continue to rise as more and more customers are drawn to this platform for the various features. The Voyager token's value has doubled over the past couple of months.

MicroStrategy Incorporated

Market cap: US$187.68

MicroStrategy is a leading business intelligence company that also provides mobile software and cloud-based services. The company aims to serve intelligence everywhere. The analytics platform delivers instant answers to all complex questions.

CME Group

Market cap: US$204.36

CME Group operates the world's largest financial derivatives exchange allowing investors to trade futures, bet on, and secure the future price of an asset. CME Group's exchange trades a diverse assortment of assets, including agricultural and mining products, energy stocks, and currencies. Crypto derivatives are still a small market for the CME, but the company is introducing more exchanges for crypto assets in the future.

Robinhood Markets

Market cap: US$8.40

Robinhood Markets is a popular discount brokerage app that allows users to buy stocks, rare metals, and cryptocurrencies. Investors can buy and sell large cryptos like Bitcoin, Ethereum, and dogecoin on a commission-free basis. The platform combines this commission-free model with the scaling of the number of cryptocurrencies on the platform, giving massive competition to traditional and decentralized platforms.

Canaan

Market cap: US$3.46

Biting mining has changed dramatically over the past few years. Nowadays, companies such as Canaan design high-powered, application-specific integrated circuit machines specifically for brute-forcing guessing the network's correct hash. The company's next-gen Avalon ASCIS can make trillions of guesses every second to detect the correct hash to validate blocks on the Bitcoin network.

Argo Blockchain

Market cap: US$0.52

In Q3 2021, Argo Blockchain mined 597 Bitcoins and BTC equivalents. As a result, the company increased its total Bitcoin holdings to 1,836. The company aims to power blockchain technology as it continues to grow and influence the global economy. It also has huge plans to diversify beyond mining in the coming years.

Hut 8 Mining Corp

Market Cap: US$1.47

Hut 8 Mining Corp is a Canadian digital asset miner with a special focus on Ethereum and Bitcoin. Last, the company reported 264 mined Bitcoins, with an average production rate of 9.11 Bitcoin per day. This company is one of the top picks in the crypto mining space and has great potential to grow next year.

Hive Blockchain Technologies

Market cap: US$3.37

The company is focused on bridging the gap between the blockchain sector with the traditional capital markets. HIVE owns advanced green energy-powered data centers that produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. Last month, the HIVE stock surged by nearly 50% and has the potential to grow further in the next quarters.

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