Cryptocurrency Compared To Dotcom Bubble at Breaking News

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Cryptocurrency Compared To Dotcom Bubble, I’ve been staring at this chart, and thinking two things: Lastly, they were both new tech at the time—and most of the time, new tech has the tendency to be regarded as a bubble. One of the fundamental similarities linking the two is that they are both attached to essentially sound technology.

Cryptocurrency and boom Analytics
Cryptocurrency and boom Analytics from cryptosoul.io

One of the metrics compared were cryptocurrencies unique addresses (users) that would grow from 25m to 80m in 2021. However just like the dot com bubble, everything eventually fell back down to earth. The dot.com bubble hit it hard, reaching lows of just $7.25 in the summer of 2002.

Cryptocurrency and boom Analytics from Nice Breaking News

One of the fundamental similarities linking the two is that they are both attached to essentially sound technology. The dot.com bubble hit it hard, reaching lows of just $7.25 in the summer of 2002. The crypto bubble of 2017. In this article, i will make a comparison between the dotcom bubble — burst and afterward development of the whole sector with the recent crypto bubble, its. Bitcoin and the cryptocurrency market at large have displayed a similar stance to the dotcom bubble.