Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Bulls on Wall Street
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

7 NFT Stocks to Add to Your Watch List

% of readers think this story is Fact. Add your two cents.


NFT stocks have been the talk of the town the past couple weeks.  Right now any company that puts NFT in a company press release is getting bought up.

The stocks running right now on the NFT hype are not names to marry. But they have the momo right now and offer many short-term trading opportunities that us momentum traders are constantly on the hunt for.

The market sell-off this week brought a few of these back to earth. Today many of these showed signs of holding up, and will likely be in play in the upcoming weeks.

Before we get into NFT stocks to watch, let’s start by talking about what the heck an NFT is!

What is an NFT?

NFT stands for a non-fungible-token. They are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other.

Plain and simple: It is proof of ownership to a digital asset/file that cannot be replicated.

And right now people are turning EVERYTHING into NFTs. Artwork, basketball highlights, music, you name it.  A piece of artwork just went for $69 million! There is obviously a lot more to NFT’s, but that’s not why you are here. Let’s get to the stocks.

Here are 7 NFT stocks to keep on your watch list for the upcoming weeks:

$TKAT: Takung Art Co. 

best nft stocks

Takung Art Co. provides an electronic online platform for artists, art dealers, and art investors to offer and trade in valuable artwork primarily in China. Its platform offers and trades in a variety of artwork, digital and physical.

The first company to get on the map with an NFT press release. Monster run from under $10 to over $70 a share. It’s finally pulled back for a couple of days. Keep this on watch for a bounce. This a stock to trade, not a stock to marry.

$FNKO: Funko Inc.

nft stocks to buy

Funko, Inc., is a pop culture Ecommerce webiste that designs, sources, and distributes licensed pop culture products in multiple countries across the globe.

Strong trender for past 6 months. The last couple of days it has really picked up steam, with volume and range pouring into it. One to keep on your watch list for a while. It has one of the strongest daily trends out of all the names on this list.

$DLPN: Dolphin Entertainment Inc.

Dolphin Entertainment, Inc. operates as an independent entertainment marketing and premium content development company in the US. It operates in two segments, Entertainment Publicity and Marketing; and Content Production.

Questionable fundamentals, but it went on a monster run earlier in the week. We saw the bounce play today, it is something to keep on your watch list if it can hold up and consolidate for a few more days.

$HOFV: Hall of Fame Resort

Hall of Fame Resort & Entertainment Company operates as a resort and entertainment company leveraging the professional football and its legendary players in partnership with the Pro Football Hall of Fame.

Another similar-looking chart that held up well today. Nice bounce of the 9EMA keep this on watch for continuation tomorrow and next week for a quick day trade.

$JFIN: Jiaylin Group

Jiayin Group Inc. operates as an online individual finance marketplace that connects individual investors and individual borrowers in China. It operates a secure and open platform that facilitates transparent, secure, and fast connections between investors and borrowers.

This company has mentioned NFT in a press release to get in on the hype. It’s pulled back, bouncing of its daily 9 EMA. Keep this on continuation watch.

$OCG: Oriental Culture Holding

Oriental Culture Holding LTD, through its subsidiaries, operates an online platform to facilitate e-commerce of artwork trading in China.

Name that got picked up right after the $69 million artwork sale. Monster run from $5 to over $15 in a few days, has a double top look at the $15. It still has some nice range and liquidity for some quick trades, worth keeping on your watch list.

$YVR: Liquid Media Group

nft

Liquid Media Group Ltd. operates as a media and entertainment company. The company provides video game products primarily for casual-game consumers and publishes video games for interactive entertainment hardware platforms.

Speculative small-cap, again, this is not something to marry. Good range and liquidity for the last few days, same trade ideas as the other names on the list.

Get The Early-Bird Discount for Our Next Live Trading Boot Camp

Click Here to Save Your Seat for Our Live Trading Boot Camp

The post 7 NFT Stocks to Add to Your Watch List appeared first on Bulls on Wall Street.



Source: https://bullsonwallstreet.com/nft-stocks/?utm_source=rss&utm_medium=rss&utm_campaign=nft-stocks


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.