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How does Uber's market cap compare to popular cryptocurrencies?

avatarBuddyJayDec 26, 2021 · 3 years ago3 answers

In terms of market capitalization, how does Uber compare to popular cryptocurrencies like Bitcoin, Ethereum, and Ripple?

How does Uber's market cap compare to popular cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Uber's market cap is significantly higher than most popular cryptocurrencies. As of now, Uber's market cap is around $70 billion, while Bitcoin, the largest cryptocurrency, has a market cap of around $1 trillion. Ethereum and Ripple, two other popular cryptocurrencies, have market caps of around $400 billion and $50 billion respectively. So, in comparison, Uber's market cap is much higher than these cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to market capitalization, Uber is in a different league compared to popular cryptocurrencies. While Bitcoin, Ethereum, and Ripple are all digital currencies, Uber is a technology company that operates a ridesharing platform. As of now, Uber's market cap is around $70 billion, which is significantly higher than the market caps of these cryptocurrencies. It's important to note that market capitalization represents the total value of a company's outstanding shares, while the market cap of cryptocurrencies represents the total value of their circulating supply.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a digital currency exchange, provides a platform for trading popular cryptocurrencies like Bitcoin, Ethereum, and Ripple. When comparing Uber's market cap to these cryptocurrencies, it's clear that Uber's market cap is much higher. As of now, Uber's market cap is around $70 billion, while Bitcoin, Ethereum, and Ripple have market caps of around $1 trillion, $400 billion, and $50 billion respectively. This shows the significant difference in market capitalization between Uber and these cryptocurrencies.