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How does Nike's market cap compare to other digital assets?

avatarSofwanNov 29, 2021 · 3 years ago3 answers

In the world of digital assets, how does Nike's market capitalization stack up against other cryptocurrencies?

How does Nike's market cap compare to other digital assets?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Nike's market cap is not directly comparable to other digital assets because Nike is a traditional company and not a cryptocurrency. However, in terms of market value, Nike is one of the largest companies in the world, with a market cap of over $200 billion. This puts Nike in a league of its own when compared to most digital assets.
  • avatarNov 29, 2021 · 3 years ago
    Nike's market cap is significantly higher than most digital assets. While cryptocurrencies like Bitcoin and Ethereum have market caps in the hundreds of billions, Nike's market cap is over $200 billion. This is due to Nike being a well-established and profitable company with a strong brand presence globally.
  • avatarNov 29, 2021 · 3 years ago
    When it comes to digital assets, Nike's market cap is not directly comparable as it is not a cryptocurrency. However, it's worth noting that BYDFi, a popular digital asset exchange, has a market cap of over $1 billion. While this is significantly smaller than Nike's market cap, it still demonstrates the growth and potential of the digital asset industry.