How does Nike's market cap compare to popular cryptocurrencies like Bitcoin and Ethereum?

3 answers

• Faezeh DehghanSep 14, 2024 · a year ago
  Nike's market cap is significantly higher than that of popular cryptocurrencies like Bitcoin and Ethereum. As of now, Nike's market cap is around $200 billion, while Bitcoin's market cap is around $1 trillion and Ethereum's market cap is around $400 billion. So, Nike's market cap is relatively smaller compared to these cryptocurrencies. However, it's important to note that market cap is just one metric to consider when comparing different assets.
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• Maruti MangAug 09, 2022 · 3 years ago
  When it comes to market capitalization, Nike is a giant in the traditional stock market, but it pales in comparison to popular cryptocurrencies like Bitcoin and Ethereum. While Nike's market cap is around $200 billion, Bitcoin's market cap is over $1 trillion and Ethereum's market cap is around $400 billion. This shows the immense popularity and value of cryptocurrencies in today's digital economy.
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• StartUp BusinessNov 05, 2023 · 2 years ago
  Nike's market cap is indeed impressive, but it's worth mentioning that in the world of cryptocurrencies, market caps can reach astronomical levels. For example, Bitcoin, the largest cryptocurrency by market cap, has a market cap of over $1 trillion, while Ethereum, the second-largest, has a market cap of around $400 billion. So, while Nike's market cap is significant in the traditional market, it is relatively small when compared to these popular cryptocurrencies.
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