How does Samsung's market cap in USD compare to other digital currencies?

3 answers

• ramwen0May 22, 2023 · 2 years ago
  Samsung's market cap in USD cannot be directly compared to other digital currencies because Samsung is not a digital currency. Samsung is a multinational conglomerate company that operates in various industries, including electronics, shipbuilding, and construction. Its market cap is determined by the value of its publicly traded shares. On the other hand, digital currencies like Bitcoin and Ethereum have their market cap determined by the total value of their circulating supply multiplied by their current price. So, it's not appropriate to compare Samsung's market cap to digital currencies.
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• Khoi PhamJun 18, 2024 · a year ago
  Samsung's market cap in USD is not comparable to other digital currencies because Samsung is a company, not a digital currency. Digital currencies like Bitcoin, Ethereum, and Ripple have their own market caps, which are determined by the total value of their circulating supply. Samsung's market cap is determined by the value of its publicly traded shares. Therefore, it's not meaningful to compare Samsung's market cap to digital currencies.
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• SribasDec 18, 2020 · 5 years ago
  Samsung's market cap in USD is not directly comparable to other digital currencies because Samsung is a company, while digital currencies are decentralized digital assets. Samsung's market cap is determined by the value of its publicly traded shares, while digital currencies' market cap is determined by the total value of their circulating supply. However, it's worth noting that Samsung's market cap is significantly higher than the market cap of most digital currencies.
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