• About Us
  • Contact Us
  • Advertise
  • Write For Us
  • Privacy Policy
Wednesday, July 6, 2022
Digital Phablet
No Result
View All Result
  • Home
  • NewsLatest
  • Digital Trends
    • AI
    • Digital Marketing
  • Technology
    • Healthcare Tech
    • Food Tech
    • Education Tech
    • Home Tech
    • Office Tech
    • Fintech
  • Social Media
  • Gaming
  • Smartphones
  • Crypto
  • DP ExtraNew
    • Deals
    • Reviews
    • Interesting
    • How To
    • Stories
Digital Phablet
No Result
View All Result
Home Fintech

Top 10 Best NFT Stocks To Invest in 2022

Shezrah Abbasi by Shezrah Abbasi
October 12, 2021
in Fintech
0
Best NFT Stocks

Austin Distel

Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

NFTs or “non-fungible tokens” are the digital world’s latest ‘IT’ thing. Name any peculiar digital creation based on various subjects from artists to sports and animations to video games. Every person worth a fortune is ready to invest in them to add to their NFTs collection.

Every person worth fame, in turn, is ready to sell a version of their art as an NFT worth millions of dollars. For our article today, we have done a detailed R&D for this article over the opinions expressed on NFTs and listed the top 10 NFT stocks to buy in 2022.

These are based on analyst ratings on the world wide web.

Table of Contents

  • 1. Twitter, Inc. (NYSE: TWTR)
  • 2. Cloudflare, Inc. (NYSE: NET)
  • 3. Dolphin Entertainment, Inc. (NASDAQ: DLPN)
  • 4. ZK International Group Co., Ltd. (NASDAQ: ZKIN)
  • 5. Mattel, Inc. (NASDAQ: MAT)
  • 6. Ebay Inc. (EBAY:O)
  • 7. Funko, Inc. (NASDAQ: FNKO)
  • 8. Takung Art Co., Ltd. (NYSE: TKAT)
  • 9. Cinedigm Corp. (NASDAQ: CIDM)
  • 10. Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV)

1. Twitter, Inc. (NYSE: TWTR)

twitter stock

Founded in 2006, Twitter, Inc. (NYSE: TWTR) is one of the most trending NFT stocks to buy and is expected to stay so well into 2022. A blogging website of sorts, Twitter has a market cap of over $50 billion and reported more than $3.7 billion in revenue in 2020. Jack Dorsey’s first tweet was sold as an NFT for over $2.9 million in March this year.

The price target on the stock has been raised based on Market Rating rose from $65 to $70 [Investment advisory BMO Capital], with the citation that there are possible growth catalysts ahead. Hedge funds went up from 78 (worth $2.7 billion) as compared to 107 (worth $4.5 billion) at the end of the first quarter of 2021 in the database of Insider Monkey.

2. Cloudflare, Inc. (NYSE: NET)

cloudflare

Based in California, Cloudflare Inc. is a cloud platform with Enterprise Solutions. It has over $37 billion and reported more than $430 million in revenue last year.

In April, Cloudflare Inc announced Cloudflare Stream that supports Video Sharing, now supported NFTs. It beat market estimates on earnings per share and revenue in the second quarter motivated by enterprise demand.

The price target on the stock has been raised based on Outperform Rating rose from $100 to $130 [Investment advisory RBC Capital]. SRS Alkon Capital Management, New York, is a leading shareholder in Cloudflare Inc. with 1.6 million shares (worth $17 million) as per the database of Insider Monkey.

3. Dolphin Entertainment, Inc. (NASDAQ: DLPN)

Dolphin Entertainment

Dolphin Entertainment Inc. is based in Florida and handles entertainment and content services. DLPN stock has a market cap of close to $76 million and reported $24 million in revenue in 2020. The company signed an agreement with Hall of Fame Resort & Entertainment about NFTs.

The price target on the stock has been raised based on Buy Rating from $10 to $28 [Investment advisory Maxim]. The firm’s share price rose sky-high after it revealed that an NFT division had been set up in the company to overlook sales volume on a large scale.

It has partnered with FTX to create large-scale NFT marketplaces for buying & selling NFTs for consumers interested in gaming, sporting and entertainment events.

4. ZK International Group Co., Ltd. (NASDAQ: ZKIN)

ZK International Group Co

Founded in 2015, it is a steel business company based out of China. xSigma Corporation, the R&D division of the company, has carried out an innovative contract development for launching the non-fungible token marketplace, which has passed an audit by Hashex. ZKIN has a market cap of $81 million and reported more than $86 million in revenue in 2020.

There are stakes worth $1.03 million in ZK International Group Co., Ltd. (NASDAQ: ZKIN) as per the database of Insider Monkey.

5. Mattel, Inc. (NASDAQ: MAT)

Mattel

They were founded in 1945. Mattel, Inc. (NASDAQ: MAT) is a California-based toys manufacturing and selling company. It has a market cap of more than $7.6 billion and reported a revenue of $4.58 billion. As reported in the NY Times, a small offering of three digital art pieces is to be auctioned via NFTs.

The price target on the stock has been raised based on an Overweight rating from $27 to $28 [Investment advisory JP Morgan]. It has maintained its hedge funds (standing at 25) that hold stakes worth $858 million, as reported at the end of the first quarter of this year.

6. Ebay Inc. (EBAY:O)

Ebay

Founded in 1995, this California based e-commerce company has a multibillion-dollar business. Year over year, it has facilitated buying and selling of products via its website. It has a market cap of $45.48 billion and reported a revenue of $10 billion.

eBay still prefers dollar sales over cryptocurrency to attract the masses. Their decision to allow NFTs was taken in May this year and a surge in interest is yet to be seen, which will further decide the stock price for this online company.

7. Funko, Inc. (NASDAQ: FNKO)

Funko inc

Funko, Inc. (NASDAQ: FNKO) was founded in 2017 and is a Washington-based firm that manufactures and sells pop culture products. The firm has a market cap of $741 million. It has been applauded for investing in revenue resources like toys and NFTs beyond their regular pop products.

The price target on the stock has been raised based on the Buy rating from $12 to $30 [Investment advisory Bank of America]. Its leading shareholder holds 3 million shares worth more than $59 million as per Insider Monkey.

8. Takung Art Co., Ltd. (NYSE: TKAT)

Takung Art Co

Hong Kong-based Takung Art Co., Ltd. (NYSE: TKAT) runs an online platform for artists, dealers, and investors trading art pieces in China. This firm has raised $5 million in the capital by selling more than five hundred thousand shares at $8.75 per share in a deal with an institutional investor.

The leading shareholder in the company owns 9,859 shares worth $335,000 as per the hedge funds being monitored by Insider Monkey.

9. Cinedigm Corp. (NASDAQ: CIDM)

Cinedigm Corp

Founded in 2000, this New York-based company handles content marketing, including movies, TV series and other short-form projects. Its NFT label Fandor will release limited editions of classic films. The market cap for Cinedigm is over $260 million, and the earnings for the latest fiscal quarter indicate it beat market expectations on the revenue.

The price target on the stock has been raised based on the Buy rating from $3 to $3.25, and its leading shareholder has 239,551 shares worth more than $400,000 as per the Insider Monkey.

10. Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV)

Hall of Fame Resort Entertainment

Ohio based Hall of Fame Entertainment handles entertainment services and resorts. With Dolphin Entertainment, it will launch Playbook, an NFT collectable series showcasing the careers of famous athletes. It reports total revenue of $2.3 million.

The price target on the stock based on the Buy rating has been raised from $10 to $28. A total of 6 hedge funds hold shares worth $12.7 million as per Insider Monkey.

Related Posts:
Tags: CryptoFinanceInvestingNFT
ShareTweetSendShare
Previous Post

Twitch Confirms The Mega Data Leak Having Accounts and Financial Data

Next Post

Which Squid Game Character Are You? (QUIZ)

Shezrah Abbasi

Shezrah Abbasi

Dr. Shezrah Abbasi is a Dentist by profession, currently practises being a Mom and is keen to put her creative skills to use across different platforms.

Related Posts

Starbucks
Smartphones

Does Starbucks Take Apple Pay?

April 26, 2022
5 Ways to Buy Bitcoin in Singapore
Fintech

5 Ways to Buy Bitcoin in Singapore

August 9, 2021
Friendship ended with Mudasir
Fintech

‘Friendship ended with Mudasir’ NFT Sold For $51,776

August 2, 2021
Next Post
squid game character

Which Squid Game Character Are You? (QUIZ)

Subscribe
Connect with
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
Notify of
guest
Connect with
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
guest
0 Comments
Inline Feedbacks
View all comments

digital phablet google news 1

Follow Us

Facebook Twitter Instagram

Trending

  • Play Cuphead Online Co Op

    Here is How You Can Play Cuphead Online Co Op

    0 shares
    Share 0 Tweet 0
  • Apple iPhone 14, Pro, Pro Max Price, Release Date, Specifications, Buy Cheap Deals!

    0 shares
    Share 0 Tweet 0
  • Top 10 Best-Paying Jobs in Industrial Machinery/Components (2022)

    0 shares
    Share 0 Tweet 0
  • The Top 10 Best Paying Jobs in Capital Goods (2022)

    0 shares
    Share 0 Tweet 0
  • The Top 10 Best Paying Jobs in Consumer Non-Durables (2022)

    0 shares
    Share 0 Tweet 0
  • Project IGI 3 To Release in 2022 After 18 Years The Game is Coming Back

    0 shares
    Share 0 Tweet 0
  • How To Get 3 Month Free Spotify From PayPal

    0 shares
    Share 0 Tweet 0
  • Free Robux Websites Can Install Virus Into Your Device, Beware!

    0 shares
    Share 0 Tweet 0
  • The Episodes of Stranger Things Season 5 Will Be Shorter

    0 shares
    Share 0 Tweet 0
  • 10 Smartphones With Best Camera To Buy 2022 – DSLR Quality

    4 shares
    Share 0 Tweet 0

Web Stories

Fever can be detected by Apple Watch Series 8
Top 10 Best Guns in Call of Duty Vanguard
Cloudflare outage affects services worldwide
Amazon Prime Day 2022 has been announced
Facebook Twitter
Digital Phablet

Digital Phablet brings you top news of Technology, Digital Marketing and Social Media.

Important Links

  • About Us
  • Contact Us
  • Advertise
  • Write For Us
  • Privacy Policy

digital phablet google news 1

© 2022 Digital Phablet News & Media Limited. All rights reserved.

No Result
View All Result
  • Home
  • News
  • Digital Trends
    • AI
    • Digital Marketing
  • Technology
    • Healthcare Tech
    • Food Tech
    • Education Tech
    • Home Tech
    • Office Tech
    • Fintech
  • Social Media
  • Gaming
  • Smartphones
  • Crypto
  • DP Extra
    • Deals
    • Reviews
    • Interesting
    • How To
    • Stories
  • Login

© 2022 Digital Phablet News & Media Limited. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
wpDiscuz
Fever can be detected by Apple Watch Series 8 Top 10 Best Guns in Call of Duty Vanguard Cloudflare outage affects services worldwide Amazon Prime Day 2022 has been announced