The total amount of the crypto market was about 3 trillion dollars at the time of 2021. By 2022, capitalization has decreased by 1 trillion dollars and amounted to about 2 trillion dollars. Despite all the economic factors on the market, it is a great time to invest in cryptocurrencies at good prices. And in this article, we will tell you which stocks related to the third generation Internet are worth investing in.
Important: This article is for informational purposes only and is not a call to action, your investment portfolio should be based solely on your market analysis.
Web3 Stocks to Invest in 2023
According to buidlbee, in the context of a 2022 market decline for cryptocurrencies, a lot of companies that develop 3rd generation internet stocks have gone into drop. However, times when prices drop open up new prospects for buying assets at very favorable prices.
U or Software Inc.
2004 was a significant year for Denmark, because this company – Unity Technologies – was created in this country that year. A little later, the business relocated to San Francisco, which allowed it to rise to becoming among the top significant and premier companies within the video gaming sector. Unity is a game engine created by a company that has played a critical role in popularizing this company. Thanks to him, the program is used by top developers of popular software and games.
Unity Software decided to start growing strongly in 2018, so it started investing in app creation of new gaming systems and platforms. Along with this, the company turned its attention to VR, and moreover, the company developed an interest in Web3 development and the metaverse sector.
You can profit from investments in Software Inc. thanks to the company’s interest in 3rd generation internet and metaverse technologies.
COIN or Coinbase Global Inc.
The first crypto firm which has been made public is Coinbase. Coinbase held its stock offering under the acronym COIN in February 2021.
Coinbase is actively involved in Web3. The cryptocurrency exchange backs the advancement of various enterprises using blockchain to assist them in selling their native tokens. Along with this, Coinbase helps developers of Web3, including Solana.
That’s not all, the crypto exchange also adds tools to its platform that help users interact with Web3. For example, through Coinbase, users have the ability to obtain DeFi market access.
NVDA or NVIDIA
A computing firm that is closely associated with growth in Web3 is NVIDIA. What is NVIDIA Corporation renowned for? GPU – visual processors of their own production, they are known for those that are popular not only among gamers, but also among miners. Because of this, the company has really profited from the expansion of the cryptocurrency industry in 2021.
NVIDIA is now making investments in the creation of numerous technologies, many of which are connected to Web3. In order to assist in the growth of Web3, the company also enters into partnerships with market participants.
Based on this information, investing in stock of NVIDIA is suitable for long-term investment and in the future, with the growth of the 3rd generation internet, it can bring you a big income.
AAPL or Apple Inc.
It’s no secret that this company has become so popular because of its technological advancements. The corporation is among the most prosperous and well-known in the world because of its technologies. According to Forbes, Apple has been the most prosperous company in America for many years now.
Participants in a crypto market are confident that although Apple hasn’t announced its participation in Web3, sooner or later it will do it. They think so because due to the fact that at the beginning of 2022, the company was seeking a cryptocurrency specialist.
However, the third generation Internet’s components have been utilized by Apple’s rivals for a while. Because of this, many people think that Apple can’t stay behind its rivals for long.
At the moment, we are seeing a trend in the growth of the cryptocurrency marketplaces, and most likely in 2023, 3rd generation internet assets will show good growth. It is worth noting that at the moment, Web3 altcoins support the economy through decentralization and their ecosystems. Therefore, they are important enough to pay attention to.
