Investing in Web 3.0 stocks is the best way to better understand the emerging technology space. The idea of Web 3.0 as the next iteration of the internet has grasped the curiosity of many.
People have begun to understand the impact of internet technology on the world and their lives. Therefore, many of them now anticipate the probable implications of Web 3.0 and what business opportunities Web 3.0 could bring for them to harness.
A great way to begin with this could be investing in Web 3.0 stocks and analyzing the market for the top web3 stocks companies. The article we bring to you covers the best web3 stocks to buy if you wish to indirectly learn about Web 3.0 space without getting into the technicality of the Web 3.0 internet and how it’s developing.
List Of Web 3.0 Stocks To Buy
Web 3.0 stocks are the stocks of the companies directly or indirectly involved in developing the infrastructure for the next generation of the internet: Web 3.0.
Here’s the list of top web3 stocks that one can consider investing in.
1. Apple (AAPL)
Apple has long been a favorite tech enthusiast with its mobile communication and media devices and personal computers. Concurrently, Apple’s management and tech innovation team would gradually transform the tech giant into an infrastructure layer for Web 3.0 development.
In addition, Apple controls roughly a quarter of the smartphone market with over a billion users. As a result, Web 3.0 developers will always covet Apple’s customer base because blockchain and web3 tools such as cryptocurrency wallets assume the users have smartphones.
These are the reasons that make AAPL one of the top web3 stocks to buy. The quantitative aspect of the stock are as follows:
Market Cap: $2.45 trillion
Avg. Price for the past one year: $155.44
High: $182.01 on 3 Jan 2022
Low: $126.11 on 10 June 2022
2. Advanced Micro Devices (NASDAQ: AMD)
Advanced Micro Devices (AMD) is one of the semiconductor companies racing to create the most powerful Artificial Intelligence (AI) computing and graphics chips for Web 3.0.
Currently, the Central Processing Unit (CPU) and Graphics Processing Unit (GPU) sales of the company account for the majority of its revenue.
According to Bank of America, AMD could control 25% of the server market by the end of 2022.
Taking into consideration how the company’s revenue and future goals are in a direction that’ll prove constructive for the development of Web 3.0 makes AMD one of the top web3 stocks to buy.
Some additional information on the ADM web3 stock is as follows:
Market Cap: $175.97 billion
Avg. Price for the past one year: $111.95
High: $161.91 on 29 November 2021
Low: $79.96 on 9 June 2021
3. Block (NYSE: SQ)
Block is a financial technology or fintech company that was formerly known as Square.
There are a couple of reasons why it’s one of the best web3 stocks to buy.
First, the ecosystem of Block includes solutions for point-of-sale or PoS, peer-to-peer abbreviated as P2P, and cryptocurrency.
Second, its peer-to-peer payments platform – Cash App, has significantly aided the company’s growth. Developing a decentralized Web 3.0 that ensures data security and privacy could help this ecosystem grow even more.
Lastly, Jack Dorsey, the CEO of Block, is expected to invest a significant portion of Block’s revenue in new Web 3.0 ventures.
Given these facts and how people’s interest in web3 is escalating, SQ is ranked in the top web3 stocks that could be great for investment.
The facts and figures on the market performance of SQ are as follows:
Market Cap: $50.76 billion
Avg. Price for the past one year: $184.84
High: $281.81 on 5 August 2021
Low: $71.22 on 11 May 2022
4. Coinbase (NASDAQ: COIN)
Coinbase Global is one of the most popular cryptocurrency exchanges and has approximately 75 million users.
With such a huge userbase, the chances of great returns on investment are pretty high, making COIN a great choice amongst the top web3 stocks to buy.
The management of the leading crypto exchange has also stated that it intends to launch a Non-Fungible Token or NFT platform in the near future. The intention could further add to the value of this company and make it one of the best web3 stocks to buy.
In addition, Coinbase’s venture capital (VC) fund invests in Web 3.0 infrastructure companies like Solana, BlockFi, and other decentralized finance projects. In all and all, anyone curious to explore the web3 space should think about investing in the web 3.0 stocks of Coinbase.
Following is the quantitative information on COIN that might be helpful to form a clearer idea of its performance.
Market Cap: $16.39 billion
Avg. Price for the past one year: $221.06
High: $357.39 on 9 November 2021
Low: $53.72 on 11 May 2022
5. Fastly (NYSE: FSLY)
Fastly is a company based in the United States that provides cloud computing services. The company describes its network as an edge cloud platform, intending to assist developers in extending their core cloud infrastructure to the network’s edge, closer to users.
Fastly is the most contentious addition to this list of Web 3.0 stocks. The company aims to bring the internet closer to the point of demand with its services.
Besides that, they also aim to improve the performance and reliability of cloud computing.
These are the reasons why Fastly comes under the best web3 stocks to buy for investment.
Additional data on the performance of FSLY stock is given below.
Market Cap: $1.57 billion
Avg. Price for the past one year: $35.37
High: $61.08 on 28 June 2021
Low: $10.04 on 11 May 2022
6. IBM (NYSE: IBM)
Internation Business Machines Corporation or IBM is a leading American multinational technology company that, in the present times, is one of the popular blockchain technology platforms.
In addition to blockchain technology, IBM’s artificial intelligence initiatives also have huge implications for Web 3.0 stocks.
IBM can accelerate the next generation of internet connectivity. By playing an active role in shifting more intermediary functions to AI and machine learning protocols, IBM will significantly contribute to the development of Web3.
Therefore, IBM is one of the best web3 stocks to buy if you’re into web3 and other related technologies.
Below are some figures to provide you with an overview of how IBM web 3.0 stocks performed over the last year.
Market Cap: $126.06 billion
Avg. Price for the past one year: $133.90
High: $151.28 on 11 June 2021
Low: $115.81 on 26 November 2021
7. Nvidia (NASDAQ: NVDA)
Nvidia is another American multinational software and fabless company. It designs GPUs and APIs for data science and high-performance computing. In addition, it also designs SoCs or systems on a chip for the automotive and mobile computing market.
Now, why is it an option amongst the best web3 stocks to invest in? It is because Nvidia’s technology is poised to power Web 3.0.
The chips manufactured by Nvidia enable crypto miners to perform critical tasks to keep blockchain networks running. In addition, the chipmaker is working on advanced AI chips to power new web3 applications and platforms.
Moreover, it recently launched Nvidia Omniverse, a platform designed for Web 3.0 developers to build metaverse products.
All these reasons make it one of the best web3 stocks to buy and a dominant presence in the web3 stocks list. The data on Nvidia is mentioned below to provide greater clarity on its market presence and year-round performance.
Market Cap: $489.90 billion
Avg. Price for the past one year: $231.75
High: $333.76 on 29 November 2021
Low: $161.54 on 24 May 2022
8. TE Connectivity (NYSE: TEL)
TE Connectivity is a technology company based in the United States and Switzerland that designs and manufactures connectors and sensors for various industries, including automotive, industrial equipment, data communication systems, consumer electronics, aerospace, defense, medical, oil and gas, and energy.
The company’s primary focus is on the rollout of 5G technology. It forms the structural backbone of connectivity solutions, allowing users to reap the benefits of next-generation or the web3 internet without hesitation.
Hence, it could be considered a good option amongst the list of web3 stocks to buy. Data on the average price of the TEL stock and the company’s market capitalization is given below.
Market Cap: $42.42 billion
Avg. Price for the past one year: $142.66
High: $166.05 on 17 November 2021
Low: $120.26 on 26 April 2022
9. Twitter (TWTR)
Twitter is a microblogging and social networking service in the United States. People registered on the platform can post, like, and share messages that are called tweets. Unregistered users can only read publicly available tweets.
Twitter is accessible through a browser or mobile frontend software or programmatically via its APIs. Recently, the platform added a few features to experiment with the emerging web3 space.
It included a provision for Twitter Blue subscribers where they could display their authenticated NFTs in their Twitter timeline as hexagon-shaped profile pictures. The new feature generated a lot of excitement among NFT enthusiasts.
Following how Twitter is upfront testing the waters of NFTs and blockchain technology, its chances of transitioning to a supportive Web 3.0 platform are quite probable.
Hence, it has made it to the list of web3 stocks to buy. In addition, you can check the quantitative data on TWTR stocks’ performance for the past year.
Market Cap: $30.50 billion
Avg. Price for the past one year: $51.26
High: $71.69 on 23 July 2021
Low: $32.42 on 7 March 2022
10. Unity Software (U)
Unity Software is on the list of best web3 stocks because it provides a platform for creating real-time 3D content for smartphones, desktop computers, and augmented reality (AR) devices.
In addition, the game engine of Unity Software is used in a vast number of video games.
As a result, Unity has become an appealing bet for capitalizing on the prospects of Web3. Its platform provides the fundamental architecture for constructing and engaging in the metaverse, a market that is expected to exceed $800 billion by 2028.
Unity becomes a strong contender for the top web3 stocks list with these facts.
The figure on its market capitalization and stocks’ average price are given below.
Market Cap: $13.07 billion
Avg. Price for the past one year: $113.12
High: $201.12 on 18 November 2021
Low: $30.30 on 11 May 2022
FAQs – Web 3.0 Stocks
Q.1 What Are The Best Web3 Stocks?
All the companies mentioned above are great web3 stocks to buy for investment. Each of them contributes to the Web 3.0 space in some way or the other. But if one is looking for only the top web3 stocks to buy, then experts suggest investing in Web 3.0 stocks of Coinbase (COIN), Block (SQ), and Apple (AAPL).
Q.2 What Companies Are Web 3.0?
Several companies in the market are working on or with the idea of Web 3.0, figuring out how the Web 3.0 internet could come about or bring meaningful changes to the previous version of the internet.
However, the top Web 3.0 companies directly leading the space are Binance, Crypto.com, Coinbase, and Ripple.
Q.3 How To Buy Web 3.0 Stocks?
One can buy Web 3.0 stocks from fintech platforms that provide guidance and services to help those interested in investing. Another way to buy Web 3.0 stocks is through brokers. You may find and contact a broker that could assist you in identifying and investing in those companies that are contributing to the Web 3.0 space.
The Key Takeaway: Best Web3 Stocks To Buy
Several tech companies anticipate how the Web 3.0 internet could change the world and their future operations. Simultaneously, people are also inquisitive about how the transition from Web 2.0 to Web 3.0 might come about.
A great way for the common people, who are from a non-technical background to know about Web 3.0 technologies, its emergence and development are to invest in Web 3.0 stocks.
Investing in top web3 stocks and following those companies’ workings can immensely help to know better about the space. At the same time, the performance of the best web3 stocks will also let one have an idea about the potential of future businesses with Web 3.0.
Author: Nitisha Lal
Nitisha Lal is a writer enthusiastic and curious to learn new things. Currently, she writes about the latest developments in technology, particularly around Web3 and the Metaverse. She enjoys nature walks, capturing the world around her on the phone, or reading books when away from work.