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Author: Admin | 2025-04-28
Market capitalization is only $375 million. *All company and stock data accurate as of July 2023Methodology: How we choose the best crypto stocks To come up with our top three stocks in each category, Finder’s investment experts employed the following criteria and considered the following factors and questions:Stocks had to be listed on the New York Stock Exchange (NYSE) or the NASDAQNo Bitcoin/crypto ETFs or trustsThe stock’s market capitalization is over $300 million (The stock isn’t a penny stock)What was the YoY revenue as of Q1 2023 (or similar quarter)? (This was only considered for certain sections)What important news has recently affected the stock’s price?What are the fundamentals of the company underlying the stock? To arrive at scores for each stock based on technical analysis, we employed the following methodology. Why invest in crypto stocks? Investing in digital assets poses certain risks that aren’t associated with investing in crypto stocks. Investing in crypto stocks allows you to gain exposure to the crypto market without having to purchase digital assets directly. One risk with buying crypto directly is that you can potentially lose access to your crypto assets if you leave them in the custody of a centralized crypto exchange or platform that goes bust, as we saw in the cases of FTX and Celsius. Another risk is that you could lose the private keys to your digital assets if you hold them in a non-custodial wallet, which would permanently disable you from accessing the assets. When you invest in crypto stocks, neither of these risks are present. Crypto stocks give you exposure to the crypto market or its underlying blockchain technology without the unique risks associated with owning crypto directly.Benefits of cryptocurrency stocks In addition to eliminating some of the unique risks associated with investing in crypto directly, crypto stocks tend to perform very well in bull markets. For example, since most markets have rebounded after the broader bear market of 2022, which negatively affected most asset classes, crypto stocks have done exceptionally well. Stocks like Coinbase Global (COIN) and MicroStrategy (MSTR) are both up over 200% YTD, while some
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