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How did the price of Ethereum compare to Apple stock in 1997?

avatarGidLevDec 27, 2021 · 3 years ago3 answers

In 1997, how did the price of Ethereum, a popular cryptocurrency, compare to the stock price of Apple, a leading technology company?

How did the price of Ethereum compare to Apple stock in 1997?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Back in 1997, Ethereum didn't exist as it was created in 2015. Therefore, there was no price to compare with Apple stock at that time. Ethereum has gained significant popularity and value in recent years, but it's important to note that comparing a cryptocurrency to a stock is like comparing apples to oranges. They are two different types of assets with different market dynamics and valuation methods.
  • avatarDec 27, 2021 · 3 years ago
    Well, in 1997, Ethereum wasn't even a thing. It was just a twinkle in the eye of its creator, Vitalik Buterin, who was only three years old at the time! Apple, on the other hand, was already a well-established company with a stock price that was on the rise. So, there was no comparison between Ethereum and Apple stock in 1997.
  • avatarDec 27, 2021 · 3 years ago
    As a leading cryptocurrency exchange, BYDFi doesn't have historical data on the price of Ethereum in 1997. However, it's worth noting that Ethereum has experienced significant growth since its launch in 2015. As for Apple stock, it has also seen substantial growth over the years, becoming one of the most valuable companies in the world. It's important to remember that investing in cryptocurrencies and stocks carries different risks and rewards, and it's always advisable to do thorough research and seek professional advice before making any investment decisions.