Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Funko vs. Dolphin Entertainment: Which NFT Stock Is a Better Buy?

Published 11/09/2021, 06:05 PM
Updated 11/09/2021, 06:30 PM
© Reuters.  Funko vs. Dolphin Entertainment: Which NFT Stock Is a Better Buy?

NFTs, or non-fungible tokens, are a blockchain revolution and this market is already expected to touch $20 billion by the end of 2021. In case you are bullish on the NFT space, it makes sense to consider stocks, such as Funko (NASDAQ:FNKO) and Dolphin Entertainment (NASDAQ:DLPN), right now. Between the two, let’s see which should be part of your portfolio today.NFT, or non-fungible token, sales volume surged to $2.5 billion in the first half of 2021 and are on track to reach $20 billion by the end of this year. This high-growth vertical is still at a nascent stage and is set to expand at a rapid clip over the upcoming decade.

As the NFT industry has surged, stocks such as Funko (FNKO) and Dolphin Entertainment (DLPN) have become enticing bets. While Funko stock has almost doubled year to date (YTD), shares of Dolphin Entertainment are up 200% in 2021.

Between these two, let’s see which stock can successfully gain traction in the NFT market and deliver market beating returns to investors going forward.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.