Cryptocurrency

COIN

Meta

<div class="finbold">
 <p class="paragraph">While the cryptocurrency industry has been evolving over the years, it has given rise to many companies oriented on cryptocurrencies and their related blockchain technology. At the same time, their shares have become equal participants in the stock market, some performing better than others in 2023.</p>
 <div></div>
 <p class="paragraph">Indeed, four crypto stocks have stood out for their significantly bullish price movements and related positive developments during the year that is almost over, and their success might even continue in 2024, provided they maintain the positive trend from 2023.</p>
 <h2 class="wp-block-heading" id="h-1-marathon-digital-nasdaq-mara">#1 Marathon Digital (NASDAQ: MARA)</h2>
 <p class="paragraph">Specifically, crypto mining giant Marathon Digital (NASDAQ: MARA) has climbed the ranks to become the largest Bitcoin (BTC) mining company with a $5.94 billion market capitalization according to the <em>CompaniesMarketCap</em> data from December 26, and it has managed to grow its stock price by 685.59% in 2023.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/ZxoisDKm3WzkUGq8sz2FezIWhW5xZnnhHqR3FM1SOWO-FQyx_pQDHMfB8NXK8r441eqawWEEBKWjpbjB_o52wNdAA2X9sfJAJYtZIjlrEtTbztII2XmYJQ_2kFXXtpQjcB2l8Qx3zxkorwmjPu4aVBo" alt>
  <figcaption class="wp-element-caption"><em>Top 5 Bitcoin mining companies by market cap. Source: </em><em>CompaniesMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">Trading at $26.71, MARA has outperformed 99% of all assets in the <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a> market in yearly results and is doing better than 98% of the 281 other <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a>s in the software industry. Specifically, its price indicates a 46.04% weekly gain, an advance of 134.09% across the month, as per the data on December 26.</p>
 <figure class="wp-block-image aligncenter is-resized"><img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/wDw4-mHeyJrsydwPioAxsprMC2jHz1KW_pK_BrGQToKckC8FTr1Ydvitm2iiPiBC619gcDejuRHXvJuwe2Q6CDq3-YGvdNJv1mwAdju1EImc0zmcs3v437xIUHCG6ypMQjfl4JpIluXxQvOKLuz7kxs" alt width="825" height="371">
  <figcaption class="wp-element-caption"><em>Marathon Digital 1-year stock price chart. Source: </em><em>ChartMill</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-2-riot-platforms-nasdaq-riot">#2 Riot Platforms (NASDAQ: RIOT)</h2>
 <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
  <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/c6bcc5230d0b0e467fe81a56e40d1b18.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="cryptocurrency-firms-give-78-million-to-pro-crypto-political-groups">Cryptocurrency firms give $78 million to pro-crypto political groups</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/690440ccc246f9762bac933c3280ea03.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Cryptocurrency 
       <h3 class="font-bold leading-6 " id="coinbase-to-globally-expand-its-crypto-trading-services">Coinbase to globally expand its crypto trading services</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/9b62669adb0274a6ae9f237d92f88318.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="price-prediction-for-coinbase-stock-as-major-player-dumps-shares">Price prediction for Coinbase stock as major player dumps shares</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/be8a86814e02ebcf2a69c9be724f38ec.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="here-s-how-jim-cramer-missed-the-mark-with-all-3-coinbase-stock-predictions">Here's how Jim Cramer missed the mark with all 3 Coinbase stock predictions</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="max-w-[300px]">
    <div class="py-0 first:pt-0 last:pb-0">
     <div class="flex gap-x-4">
      <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/688cb5620f32d5c6d2433b9df5c8cfd0.webp" alt class=" w-full rounded-md lazy">
      </div>
      <div>
       Stocks 
       <h3 class="font-bold leading-6 " id="chatgpt-predicts-microstrategy-stock-price-for-start-of-2024">ChatGPT predicts MicroStrategy stock price for start of 2024</h3>
       <div class="sm:flex gap-x-3 mt-2">
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Outshining even the best S&amp;P 500 performers like Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) in price gains this year, Riot Platforms (NASDAQ: RIOT) ranks as the second-largest Bitcoin mining platform with a market cap of $3.67 billion, and some experts believe its price could hit $100 soon.</p>
 <figure class="wp-block-image aligncenter is-resized"><img decoding="async" loading="lazy" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/mhd7iZZzZ8T0rMWuaWrJX22C5jvQPpCZ2qxYcziXzZ5mfdUr3AYqNpFMAVjmbPmGj3pqY5EhJl7ZBKVb2nD3Rtqj4zlvpnEs3dqR-hRGghxUKbcrTmxbm7qkNfZJQLvK0zFZrQHX6aGaLOwtCapN4KE" alt width="828" height="560">
  <figcaption class="wp-element-caption"><em>RIOT price action analysis and prediction. Source: BACH</em>
  </figcaption>
 </figure>
 <p class="paragraph">Indeed, witnessing massive returns in 2023 driven by the broader <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market’s resurgence, Riot has performed better than 99% of all other <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a>s this year, outmatching 96% of other <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a>s in the software industry, and currently trading at $17.78, up 13.76% on the week, 47.92% over the month, and 427.6% this year.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/DrswRYOQdm4loRhGpiLsgBvdHLF7qFA6pLb8RmS4JuJGC3FRtrM-ysdvMR_Q-QaBeOcCACjFAXhj0i4RnQewb-NphOP-KKX1mTPkUfNPd_8UumLg2iftNC-21Q_pq3sA0I4G2qD00ORtpoOXa7FkC8o" alt>
  <figcaption class="wp-element-caption"><em>Riot Platforms 1-year stock price chart. Source: </em><em>ChartMill</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-3-coinbase-nasdaq-coin">#3 Coinbase (NASDAQ: COIN)</h2>
 <p class="paragraph">Despite a lawsuit initiated by the United States Securities and Exchange Commission (SEC), the centralized exchange Coinbase (NASDAQ: COIN) has continued to record exceptional results in 2023, having gained 422.26% this year alone and currently trading at the price of $175.48.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/DJ7RhSki8Wc4U7hS0euN4UXrcNVLGCfq4YoqtreXB9MdcCOQ02RE957UJlW81hXUlmlTkPvVtrDPKhsrmqv_0cdnmK-_wTkohtWfl0t_1MBpwXFMrwkod0TMJcPDWJTKfcrs3BNVkw_itjaqdhmtIxw" alt>
  <figcaption class="wp-element-caption"><em>COIN technical rating. Source: </em><em>ChartMill</em>
  </figcaption>
 </figure>
 <p class="paragraph">Indeed, in terms of its yearly performance, COIN did better than 99% of all other <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a>s, outperforming 99% of the 207 other <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a>s in the capital markets industry, on top of advancing 18.65% in the last week and increasing 51.88% over the month, and announcing its global expansion through the introduction of spot <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> trading on its international exchange.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/vLgmhiari4_DVDjoGYDXdCJWQm59xsf-6jSpkYTGVXHmczeUmhQlknBlEghf4lgHy4WTh2HoCl3_1ezZWBrwuK_sQ3_bUgpZxlgwBPwhNsNz2JUo8oKHitdNQl-_96dgSsYXvRh93pKPgy-qGMyqNHk" alt>
  <figcaption class="wp-element-caption"><em>Coinbase 1-year stock price chart. Source: </em><em>ChartMill</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-4-microstrategy-nasdaq-mstr">#4 MicroStrategy (NASDAQ: MSTR)</h2>
 <p class="paragraph">Finally, MicroStrategy (NASDAQ: MSTR) has seen its shares rise by a whopping 327% in 2023 alone, largely driven by a broader crypto resurgence throughout the year, and is doing better than 99% of all other stocks in the market, as well as outshining 94% of stocks in the software industry.</p>
 <figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">MicroStrategy, a $1.2 billion company, just turned itself into a publicly-traded bitcoin play. Smart https://t.co/tCXiAVc8w7</p>— Barry Silbert (@BarrySilbert) August 11, 2020
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">With the current price of $619.24, MSTR has advanced 8.56% across the previous seven days, in addition to gaining 19.03% on its monthly chart, profiting on the massive Bitcoin bet that its co-founder and executive chairman Michael Saylor made back in 2020.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh7-us.googleusercontent.com/XmxU16DOaI6hamAtqrXCVdds9L_JpCwKTXEzufeCBVTfmTnxLkfU7J25TotBTUq_dbg7Y8nptB3kMzKAo3OicTzvdE35xqW7i5bWsxNs8l9uhso8YGe2Ww6NdG3lBl23wRwXUEccgFabvjGajITmIN8" alt>
  <figcaption class="wp-element-caption"><em>MicroStrategy 1-year stock price chart. Source: </em><em>ChartMill</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-conclusion">Conclusion</h2>
 <p class="paragraph">All things considered, the above crypto stocks have surpassed all expectations in 2023, performing better than the majority of their peers as well as other assets in the stock market. That said, their further success does not come as a guarantee, which is why doing one’s own research is essential before investing.</p>
 <p class="paragraph"><em>Buy stocks now with Interactive Brokers – the most advanced investment platform</em></p>
 <hr class="wp-block-separator has-alpha-channel-opacity">
 <p class="paragraph"><strong><em>Disclaimer: </em></strong><em>The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/these-crypto-stocks-dominated-in-2023-tbt74766.html">https://thebittimes.com/these-crypto-stocks-dominated-in-2023-tbt74766.html</a></p>

These crypto stocks dominated in 2023

Table of Contents

TheBitTimes

Other articles published on Dec 26, 2023

Daya Tarik Kripto Polygon (MATIC), Polkadot (DOT) dan Retik Finance (RETIK)

The impact on BNB network as BSC token faces rug pull

Binance debuts new web3 AI gaming platform

TEL plunges 40% following Telcoin app exploit

Injective, Fetch.ai, and Everlodge: coins trending higher, poised for potential breakthroughs

Russia Wants to Revolutionize Bitcoin Mining in Africa

Join our free newsletter for daily crypto updates!