3min chapter

Acquired cover image

Ethereum

Acquired

CHAPTER

The Ethereum Bubble

In 20 16, there are 64 i cos onitherium that collectively raise over a hundred million dollars. The next year, in 20 17there are 966 i c os then collectively raise over ten billion dollars. Of 20 18 there were 23 hundred icies that raised 11 billion dollars. At the start of 20 18, ethereum had risen up to a, for a long time, all time hi of just over one thousand 350 dollars per token,. giving it a market cap of over a hundred billion dollars. And then when the isio bubble deflated at the end of the year in december, ether had crashed to 84 dollars a token, or a market cap of just under ten

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode