How did the price of Amazon stock in 2010 compare to the value of popular cryptocurrencies?
DDladniaDec 25, 2021 · 3 years ago3 answers
In 2010, how did the price of Amazon stock compare to the value of popular cryptocurrencies like Bitcoin, Ethereum, and Ripple?
3 answers
- Dec 25, 2021 · 3 years agoBack in 2010, the price of Amazon stock was around $120 per share. At that time, Bitcoin, the most popular cryptocurrency, was still in its early stages and had a very low value. Ethereum and Ripple, which were not even launched yet, had no value at all. So, in 2010, the price of Amazon stock was much higher compared to the value of popular cryptocurrencies.
- Dec 25, 2021 · 3 years agoWell, let me tell you, in 2010, Amazon stock was soaring while cryptocurrencies were still in their infancy. Bitcoin was just a few cents, Ethereum and Ripple didn't even exist. So, if you had invested in Amazon stock back then, you would have made a handsome profit. Cryptocurrencies were not even on the radar at that time.
- Dec 25, 2021 · 3 years agoIn 2010, the price of Amazon stock was significantly higher compared to the value of popular cryptocurrencies. However, it's important to note that the cryptocurrency market was still in its early stages and had not gained mainstream adoption. Bitcoin, Ethereum, and Ripple were relatively unknown and had very low values. It was only in the following years that cryptocurrencies started to gain attention and their values began to rise.
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