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How does ExxonMobil's market cap compare to the market cap of popular cryptocurrencies?

avatarasha khatiDec 25, 2021 · 3 years ago3 answers

In terms of market capitalization, how does ExxonMobil, one of the largest multinational oil and gas corporations, compare to the market capitalization of popular cryptocurrencies?

How does ExxonMobil's market cap compare to the market cap of popular cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    ExxonMobil's market cap is significantly higher than the market cap of popular cryptocurrencies. As of now, ExxonMobil has a market cap of over $200 billion, while the total market cap of all cryptocurrencies combined is around $1.5 trillion. This shows the immense size and value of ExxonMobil compared to the relatively young and volatile cryptocurrency market.
  • avatarDec 25, 2021 · 3 years ago
    ExxonMobil, being a well-established and profitable company, has a much higher market cap compared to popular cryptocurrencies. While cryptocurrencies have gained significant attention and investment in recent years, they are still relatively small in comparison to traditional industries like oil and gas. ExxonMobil's market cap reflects its long-standing presence and stability in the global market.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to market capitalization, ExxonMobil is in a league of its own. With a market cap of over $200 billion, it surpasses the combined market cap of all popular cryptocurrencies. However, it's important to note that the cryptocurrency market is highly volatile and has the potential for rapid growth. While ExxonMobil's market cap is impressive, the cryptocurrency market should not be underestimated.