In 2020, the cryptocurrency market saw a massive price rally that led to enormous gains for crypto stocks investors. These profits continued in 2021 as well. With ample liquidity in the financial system, 2021 has been a banner year for wealth creation. Be it equities or cryptocurrencies, investors have gained multi-folds of returns over just a few months or weeks of investing. Currently, the crypto market is producing good news for crypto lovers. With the recent surge in Bitcoin and Ethereum, the global crypto market cap spiked up to US$3 trillion. Although the market has seen bumpy times lately, and the price values of some cryptocurrencies have been rocky as well, the influx of new investors has not stopped. Of course, there have been speculative stocks to buy among the top performers. So, in this article, we have listed the top 10 top cryptocurrency stocks that you should buy before 2022 for big returns.
Market cap: US$71.909 billion
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.
Market cap: US$6.70 billion
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.
Market cap: US$23.382 billion
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.
Market cap: US$821.812 billion
Coinbase Global is one of the top cryptocurrency trading exchanges where users can buy and sell major cryptocurrencies like B5itcoin and Ethereum and enables 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.
Market cap: US$2,596 billion
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.
Market cap: US$82.281 billion
CME Group operates the world's largest financial derivatives exchange allowing investors to trade futures, to 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.
Market cap: US$41.42
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.
Market cap: US$2.067 billion
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.
Market cap: US$7.26 billion
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.
Offered by: Hut 8 Mining Corp is a Canadian digital asset miner with a special focus on Ethereum and Bitcoin. In September, 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.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.