The 3 Best Crypto Stocks to Buy in June 2024
From Nasdaq: 2024-06-10 16:10:39
InvestorPlace introduces three top crypto stocks for the second half of 2024, benefitting from the rise of digital currencies. Companies like CME Group are showcasing strong financial performance and growth potential, with CME reporting a record 82,000 crypto contracts traded and impressive earnings. Analysts project a 13% upside potential for CME stock.
Coinbase Global is another standout crypto stock, with revenue surging 122% YOY in Q1 2024 driven by increased volatility and institutional investors. Their international expansion efforts are paying off, with COIN stock surging by 60% since January. Analysts predict the stock to hover around $250 per share.
Marathon Digital Holdings specializes in cryptocurrency mining and blockchain technology. Their latest earnings report showed significant growth with revenues reaching $165 million. Despite strong financials, MARA stock has decreased by 14% since January. With plans to expand globally and ample liquidity, Marathon Digital looks poised for further growth. Analysts project a potential upside of 20% for MARA stock.
Read more at Nasdaq: The 3 Best Crypto Stocks to Buy in June 2024