Blockchain technology has taken the world by storm. The technology which underpins cryptocurrencies such as Bitcoin and Ethereum and allows transactions to be recorded on a digital ledger has now expanded into nearly every sector of the economy.
In this Popular Blockchain Stocks to Watch guide, we cover the popular blockchain stocks and how to invest in blockchain stocks.
Most of the companies above have made it to the Forbes Blockchain 50 2022 list. Each of these blockchain stocks has a different level of exposure to blockchain technology which is useful when building a diversified portfolio of the popular blockchain stocks.
A Closer Look at the Popular Blockchain Stocks
Before you buy stocks it is always wise to know as much as possible regarding the long-term prospects of the company you are investing in. The popular blockchain stocks are discussed in more detail in this section.
FightOut is our top pick for most popular blockchain stock having already received more than $2 million in funding in less than a week since launching.
Investors are flocking to the move-to-earn crypto project because of its ambitious plans to develop a market-leading fitness app and build Web3-integrated gyms in key locations around the world.
While other M2E projects have struggled with prohibitive costs and flawed rewards systems, FightOut will remedy both those issues to become the best move-to-earn project in the space.
Rather than just counting steps while walking and running, FightOut will use smart technology and key effort indicators – as well as sleep and nutritional data – to build out a full digital fitness profile of a user and tailor an individual workout regime.
Furthermore, the regimes will take a holistic approach to training, not just focusing on strength and conditioning but also wellness and mental health.
The digital profile will come in the form of a soulbound NFT avatar – meaning it cannot be sold or traded – which is fully customizable and earns rewards and upgrades for completing workouts and challenges at home or in a gym.
Users can also earn further rewards by competing in daily, weekly and monthly competitions against other users and rewards are earned in REPS – a second, off-chain token – which can be redeemed for subscription and membership discounts, personal training sessions, apparel, equipment and supplements.
FightOut is already scouting locations for its first real-world venue and is also in talks with elite-level athletes to come on board as ambassadors. They will not only help with marketing but also provide exclusive content such as training regimes and all-access footage.
Planning to raise $100 million during the presale, FightOut has outlined that 70% of that will be sent on buying and developing gyms, 18% on marketing and partnerships and 12% on product development.
A total of 10 billion FGHT tokens are available, with 60% allocated to the presale – with tokens costing $0.016 each – 30% to bonuses and rewards and a final 10% to exchange liquidity.
FightOut has been developed by a doxxed team with long experience in combat sports and fitness app development.
|Presale Started||December 14|
|Purchase Methods||ETH, USDT, Transak|
2. Dash 2 Trade
Dash 2 Trade is another top pick for best blockchain stocks with the crypto intelligence and analytics platform now in the final stage of its presale and closing in on $10 million raised.
The project, which attracted more than $500,000 in investment in its first 24 hours, will help users of its protocol maximize their earning potential in the crypto market by offering a range of tools, data points, metrics, and insights to help traders and investors make better-informed decisions.
The presale is close to ending with less than 70 million tokens still on sale, with D2T tokens costing $0.0533 each.
To take part in the presale read through our how-to-buy Dash 2 Trade tokens guide here.
The tokens are crucial to the Dash 2 Trade ecosystem, as they will grant users different levels of access to tools and data.
The dashboard has a three-tier subscription system – Free, Starter, and Premium – with tokens used to access different features.
|Price Stage||Amount Raised In Stage||Token Allocation|
Dash 2 Trade will provide its users with trading signals to take advantage of buying and selling opportunities in the market, as well as provide on-chain analysis and track social media sentiment to spot trends early.
The platform will also have strategy-building and social trading tools to help traders, as well as a backtesting tool to test and optimize strategies in real-time without risking capital.
There will also be a bespoke scoring system developed to track and rank new crypto presale projects, scoring them out of 100 using a string of data points to help investors make wise choices.
Furthermore, Dash 2 Trade will send out alerts on new coin listings so investors can prepare ahead of announcements.
The Dash 2 Trade team is fully doxxed and is the same group behind Learn2Trade, a trading platform for beginners with 70,000 global users and a four-star rating on TrustPilot.
The project is fully audited and verified and we’ve named it our top new cryptocurrency to invest in.
|Presale Started||October 19|
|Purchase Methods||ETH, USDT, Transak|
|Min Investment||1,000 D2T|
IMPT has just launched on exchanges after a highly successful presale which saw it raise more than $20 million.
The eco-friendly project will use blockchain technology to help solve the very real-world issue of climate change.
IMPT will allow users to earn IMPT tokens while shopping which can then be converted into carbon credits – in turn they are used to offset the carbon footprint of an individual or business.
Carbon credits are already big business while the environmental, social and governance (ESG) sector is expected to be worth $30 trillion by the end of the decade.
Credits are effectively a permit to allow the holder to emit a certain amount of carbon emissions and they also help fund conservation projects around the world.
Credits can not only be earned through IMPT tokens but will also be tradeable on the IMPT website, while the project plans to develop a scoreboard to track carbon offsetting efforts of its users.
More than 10,000 retailers and brands have already partnered with IMPT, who boast a fully doxxed team with long executive level experience in commerce and telecoms.
IMPT tokens are now available on Uniswap and LBank with several other exchanges to list the token in the coming months and experts predicting a big pump for the coin.
Tamadoge (TAMA) enjoyed one of the best crypto launches of 2022 and is expected to rise again when market conditions improve in 2023.
TAMA exploded in price after its initial exchange offering (IEO) on OKX, pumping to an all-time high of $0.194 – nearly 2,000% above its initial presale price and more than 600% above its listing price of $0.03.
TAMA’s price has fluctuated since those highs but with huge things in development for 2023, is expected to have a breakout year.
As well as being a proud meme coin that has already offered huge returns, Tamadoge is promising to offer utility and long-term value to holders through its NFT pet – which will be usable in its fun play-to-earn game.
Holders are welcome to mint their pets and will be able to feed them, care for them and watch them grow. Then, when they are fully grown, players can battle their pets against others – earning points and climbing up a global leaderboard for more prizes.
The Pets became the top trending collection on NFT marketplace OpenSea after its auction, raising more than 250ETH (approx. $350,000) in sales.
By Q3 2023, the Pets will be available in augmented reality (AR) with holders able to take their pets out into the real world and hunt for TAMA tokens and other rewards.
To keep up to date with the project join the Tamadoge Telegram group.
5. Battle Infinity
Battle Infinity (IBAT) is another intriguing blockchain project in the spotlight. It is a Metaverse play-to-earn ecosystem that comes with six different platforms, each of which hosts a unique set of features. This massively promising new project is fully audited and KYC-verified by CoinSniper, meaning there won’t be any nasty surprises during development.
The Battle Infinity ecosystem comprises 6 different platforms – the IBAT Premier League (an NFT fantasy sports platform), IBAT Battle Market (a dedicated NFT marketplace), IBAT Battle Swap (a decentralized crypto exchange), IBAT Battle Games (a platform with P2E games), IBAT Battle Arena (a Metaverse world), and IBAT Battle Stake (a staking platform with high APYs).
At the core of the Battle Infinity ecosystem lies the project’s native IBAT BEP-20 token. IBAT is used to reward people for participating in Battle Infinity’s P2E games, to purchase virtual billboards, and can even be staked in the IBAT Battle Stake platform.
With plenty of hype, a great team, and an exciting set of features, Battle Infinity rapidly sold out its presale in just 24 days and then pumped after reaching exchanges.
With more exchange listings to follow, IBAT staking now live, and the rest of the ecosystem being developed – the coin looks set for promising growth in the months ahead.
Join the project’s Telegram group in order to keep updated with the latest developments.
Your capital is at risk.
6. Lucky Block – New Crypto That’s a Better Alternative to Stocks
Although Lucky Block is another cryptocurrency and not a stock, it does offer a viable way of gaining exposure to the growing blockchain sector.
In addition, due to Lucky Block’s compelling use cases, there’s even scope for the coin to generate returns above what can be expected in the equity market.
Lucky Block is the market leading competitions platform, where users can win incredible prizes including a Lamborghini, a $1 million house and $1 million of Bitcoin.
LBLOCK is also used to purchase tickets through the Lucky Block app, although many investors have opted to buy Lucky Block on PancakeSwap for speculative reasons. This led to quadruple-digit gains earlier in the year, pushing Lucky Block to a fully-diluted market cap of over $750 million.
Touted as one of the best Reddit stocks, LBLOCK is now trading over 70% lower than all-time highs, presenting an opportunity to invest at a discount. Looking ahead, Lucky Block’s development team have several exciting improvements in the works, such as the long-awaited FIAT ramp and Lucky Block’s iOS and desktop apps. L
The project also recently launched a ‘V2 Upgrade’, which made LBLOCK interoperable with the Ethereum blockchain – opening up limitless possibilities for future growth and listing on centralized exchanges.
LBLOCK also now has a burn mechanism to make the token deflationary, with 1% of the total supply to be erased every month. The first burn took placed on September 30.
Finally, now that Lucky Block’s Telegram group has over 55,000 members, the platform has exceptional community backing, which could help the token prosper in the weeks ahead.
NVIDIA (NVDA) is an American tech company listed on the NASDAQ that specialises in building graphics processing units (GPUs) for the gaming, crypto mining and autonomous vehicle sectors. NVIDIA’s GPUs are widely used for cryptocurrency mining.
While many coins such as Ethereum are moving towards a proof of stake model which involves less crypto mining, analysts are still bullish on NVIDIA’s prospects and how they are linked to blockchain technology.
For example, one of the most recent adoptions of blockchain technology is through the metaverse. As more and more people created and interact with virtual worlds, the hardware and software to do so will see a surge in demand. NVIDIA is very well placed to capitalise on growth in the adoption of blockchain tech and the metaverse.
Since the pandemic in 2020, NVIDIA’s share price has risen more than 660% higher. In November 2021, the stock reached a record high of $346.47. Since then, the stock has fallen around 40%.
This is in line with the broader trend of the market. Global stock market indices declined in the first quarter of 2022 due to the Russia-Ukraine conflict and the impact of rising interest rates from central banks around the world.
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Not many people may remember International Business Machines (IBM). It was once the ‘go to’ tech stock much like Apple or Microsoft is today. However, the company is trying to reinvent itself and it believes that blockchain technology can help them.
In 2017, IBM launched IBM Blockchain, an enterprise that helps businesses adopt the power of blockchain technology by providing customised blockchain solutions. Currently, IBM Blockchain is working on more than 500 blockchain projects with companies from a wide range of sectors.
For example, Home Depot is using IBM Blockchain technology to improve its visibility and communications. Car manufacturer, Renault created the XCEED blockchain project to automate compliance documents. IBM Blockchain is also working with Walmart, Kroger and businesses from the banking, healthcare and media sectors.
IBM’s share price has had a rocky journey. After reaching a record high in March 2013 around $206.22, the stock has been in retreat ever since. The stock fell more than 57% to reach multi-year lows during the pandemic around $86.50.
Since the pandemic, IBM’s share price is now up around 45%. As more companies adopt the power of blockchain technology, IBM is ready to capitalise.
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MasterCard has launched over 24 cryptocurrency cards. The BitPay, Gemini and CoinJar credit cards allow its customers to pay for goods and services at 80 million vendors around the world using their digital assets.
In fact, only in October last year did Mastercard partner with Bakkt which is a subsidiary of the New York Stock Exchange owned Intercontinental Exchange. This will allow more businesses to offer cryptocurrency credit cards by Mastercard which uses the underlying blockchain technology to confirm transactions.
The payments company also run a blockchain incubator called Start Path which provides startups access to Mastercard’s products, clients, workshops and coaching. Currently, Mastercard works with blockchain platforms such as Ethereum, Bitcoin, Avalanche, Terra, Bitcoin Cash and others.
Since the coronavirus pandemic in 2020, Mastercard’s share price surged more than 100% to reach a record high in April 2021 around $401.50. Since then, the price has declined 23% before rallying higher to test the record high at the beginning of this year.
However, the price failed to make a new record high and sold off in line with the broader market.
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Oracle is solidifying itself in the blockchain arena. The software company has built its own blockchain platform called Hyperledger Fabric. There are hundreds of projects now being formed of this underlying blockchain tech.
For example, Oracle teamed up with Circulor, a UK startup that tracks the supply chain in raw materials. Together they built a blockchain platform to track the origin of raw materials such as cobalt in high risk, conflict countries.
Cobalt demand has increased massively over the past few years as it is used in electric vehicle batteries. Around two-thirds of cobalt is mined in the Democratic Republic of Congo. Blockchain technology can help to make sure companies are producing goods that are ethically sourced.
EV manufacturers Polestar, Mercedes-Benz and Volvo have also signed up for Oracle’s and Circulor’s blockchain technology to track their raw materials.
Oracle’s share price surged more than 166% higher from the lows of 2020 to a record high of $106.34 in December 2021. Since then, Oracle’s stock has fallen more than 30% lower but has staged a 20% rally higher this year.
The software company was the second-largest by revenue and market cap in 2020.
San Franciso based Visa has partnered with more than 60 cryptocurrency platforms to provide crypto credit cards. These include major players such as Binance, FTX, Coinbase and BlockFi.
The 80 million merchants that accept Visa payments can also now accept crypto as payment, as funds are automatically converted into fiat currency. More than $6 billion has been used on Visa crypto cards since the end of 2020.
Since the lows of 2020, Visa’s share price has risen more than 88% higher, creating a record high in July 2021 around $252.67. The price has since fallen 25% lower but created a new low for this year at $186.67.
Visa’s share price is now up more than 20% since the lows of the first quarter in 2022.
Walmart is also another major player to be adopting blockchain technology in its business operations. The retailer has built a blockchain-based program on Oracle’s Hyperledger Fabric blockchain system and on the Walmart Blockchain.
Through this system, Walmart can track more than 2,000 food items on the blockchain. This helps the company to track its food products at every point of the supply chain which can help to identify any contamination issues. <
The Walmart blockchain tech has also been used by shoppers who can scan a QR code and view information regarding their food products such as where it was grown.
Walmart shares have done well over the past few years. The stock had a small dip during the 2020 pandemic but went on to rally more than 50% higher to record a new all time high in December 2020 around $153.66.
Since then, the stock has traded in a narrow range. The stock even weathered the overall stock market sell off at the beginning of 2022 and eventually moved higher to create a new record high.
13. Société Générale
With billions of transactions made on a daily basis at global banks, it is a space where blockchain technology can have a direct benefit. Last year France’s third-largest bank, Societe Generale, released a blockchain software program called Cast Framework.
The bank’s software helps cryptocurrency startups to create digital securities stored on the blockchain that is also compliant from a regulatory perspective. So far, the program has reduced transaction times and also helped to save on auditing costs, as everything is already stored on the blockchain which cannot be tampered with.
Societe Generale’s stock price declined from 2017 to the end of 2020 recording a new all-time low in September 2020 around €10.77. However, since this time the stock rallied nearly 250% higher before recording a new multi-year high early this year around €37.65.
14. Block (formerly Square)
In December 2021, the company formerly known as Square changed its name to Block highlighting its shift into capitalising on blockchain technology and cryptocurrencies. The company co-founded by Twitter’s Jack Dorsey now holds products such as Tidal, Cash App, TBD and Square under the Block entity.
Last year, the company made $9.8 billion in revenue from bitcoin sales alone. In the third quarter of last year, the company’s bitcoin brokerage Cash App made $42 million in fees from providing crypto trading services to its clients.
Block’s share price had an incredible run from the lows of the pandemic in 2020. From this price level, the stock surged nearly 800% higher to record an all-time in August 2021 around $289.23.
However, since then the stock has tumbled 70% lower in the recent tech sell-off and lack of crypto demand.
With online digital payments growth slowing down, PayPal (PYPL) has gone all-in on making sure its app is a one-stop-shop for all financial products and that includes crypto. In late 2020, the company launched its crypto brokerage service which is now used twice as much by its crypto clients than its regular clients.
Furthermore, PayPal’s crypto rewards from the Venmo credit card have been extremely popular. While its crypto revenues are relatively small compared to the size of the market, the intention of the company is to be a leader in the space. They have even discussed launching their own stablecoin, leveraging all the opportunities blockchain technology can provide.
From the lows of the pandemic, PayPal’s share price surged nearly 280% higher to a new all-time high in July 2021 around $309.48. However, due to a lower forecasted growth outlook in one of its earnings reports, the stock price collapsed and is now 65% down from its peak.
What are Blockchain Stocks?
Blockchain stocks are simply companies that are involved, either directly or indirectly, in blockchain technology. The blockchain is thought to be a decentralised technology whereby transactions are recorded and stored in a computer network. A list of transactions is stored on blocks which are then chained together using cryptography.
New blocks are created on the chain through the process of mining. Specialised software is used to solve complex mathematical problems to mine new blocks. This makes it very difficult to manipulate the blockchain data and is why it is being adopted in all different types of sectors.
In the list of popular blockchain stocks above, each company has a different use of blockchain technology. For example, IBM helps businesses create their own blockchain software to facilitate their business needs. Block and Coinbase profit from crypto traders speculating on coins that use a blockchain.
Companies like Walmart use blockchain technology to maintain high food standards, whereas banks like Societe General use the blockchain to save on auditing costs. The versatility of blockchain technology is why its use is expected to grow exponentially in the next few years.
Blockchain Penny Stocks
Blockchain penny stocks are companies that are either directly or indirectly involved in blockchain technology with a share price trading around $5 or less. Penny stocks are typically young companies that are early in their business cycle.
The range of blockchain penny stocks can vary as blockchain technology is used in a variety of sectors. Blockchain penny stocks have a higher degree of volatility but can also provide investors with price moves not found in traditional blue-chip stocks.
Here is a list of popular blockchain penny stocks to look at:
- Gevo Inc – Developing Blockchain Tech for Tracking Sustainability of Renewable Products
- Telefonica SA – Included in the Forbes Blockchain 50 List as a Leader in Employing Distributed Ledger Technology
- Banco Santander – Launched the First Blockchain Bond Using IBM Blockchain Tech
Where to Buy Blockchain Stocks
eToro is popular because it provides a high level of safety and security for your funds as it is authorised and regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and others.
Another reason this broker is popular is that you can buy stocks on eToro with zero commission and collect income from dividend stocks. In fact, all of the popular blockchain stocks in this article are available to invest in via eToro 100% commission-free. You’ll also have access to a wide range of markets from the popular oil stocks and the popular metaverse stocks, to the popular cannabis stocks and NFT stocks.
You can also build a portfolio of digital currencies from the cryptocurrency market and store them in the secure eToro Money Crypto Wallet. Alternatively, you can trade other products such as currencies, commodities, ETFs and indices using CFDs so you can profit from rising and falling markets.
The eToro platform is also a social trading cryptocurrency and copy trading platform. This enables you to interact with other traders and discuss ideas and access the Copy Trader feature.
This allows you to see the performance of other traders and investors. If you like their performance then – at a click of a button – you can have their exact trades copied onto your own account.
You can also access eToro Smart Portfolios which are ready made investment portfolios designed and managed by the eToro investment management committee. These portfolios cover different themes such as blockchain tech, drone tech, cybersecurity, artificial intelligence, the metaverse and many others.
You can open an account with eToro in just a few minutes. Furthermore, you need $10 to get started.
This guide has reviewed some of the popular blockchain stocks available in 2023. Users can research their potential investment choices and begin trading with a suitable broker of their choice.
Our top pick for the best blockchain stock is FightOut, which has already secured more than $2 million in funding in less than a week since its presale went live.
The move-to-earn project is building a market-leading fitness app and also plans to develop Web3-integrated gyms around the world.
Another top project is Dash 2 Trade, with the crypto analytics platform now in the final stage of its presale.
Fight Out - Next Big Train-to-Earn Crypto
- Backed by LBank Labs, Transak
- Earn Rewards for Working Out
- Level Up and Compete in the Metaverse
- Presale Live Now - $5M Raised
- Real-World Community, Gym Chain
Frequently Asked Questions on Blockchain Stocks
What are blockchain stocks?
Which companies invest in Blockchain?
How can I invest in Blockchain stocks?
What is the biggest blockchain company?
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