ETH still has a higher market cap than IBM, Disney and Toyota despite being down 57 per cent from its all-time highs
Despite trading 57% below its all-time high in 2021, Ether's market capitalisation remains at around $252 billion, higher than global multinational giants such as Disney and Toyota, as well as the precious metal platinum. Other notable companies currently below Ether's market capitalisation include IBM, McDonald's, General Electric, Shell, and if Ether were a company, it would rank 50th in the world in terms of market capitalisation, just behind Nestle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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