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16 Years of Bitcoin: Here’s How It’s Pacing Against Other Tech Giants

But real quick first— Bitcoin’s price has continued its New Year’s holiday rally that began on Dec. 30 when the price notched near $91,500. On Friday, Jan. 3, it was running full steam ahead, briefly tapping $98,690. That’s a strong rally, with 24H trade volume declining to $35 billion on its $1.94 trillion market cap from $56 billion on Dec. 30. Meanwhile, the Nasdaq Composite fell 1.38%. Bitcoin is based on a novel design for computers on a decentralized peer-to-peer network called the blockchain. Bitcoin “miners” create a new block every ten minutes containing newly settled transactions and an updated record of all accounts (called addresses) on the chain. The electronic cash platform generated its first block on Jan. 3, 2009. Now that Bitcoin is old enough to drive a car if it was a human living in the United States, here’s a look back at how Google, Amazon, and Facebook were doing on their sweet sixteen. BTC and Nasdaq Leaders Compared Bitcoin traded on the BitcoinTalkForum via handshake agreements and PayPal for settlement for an average of $0.00099. A bagful of Bitcoin worth a dollar then is worth some $9.8 billion for the same amount of BTC at current prices today. That’s a 989,898,990,000,000% (989 trillion percent) increase in the value of BTC in 16 years. It’s a rate of growth so staggering traditional financial markets have only recently begun to comprehend that it’s even real. Here’s how three Nasdaq tech giants compare: Google shares debuted in a 2004 initial public offering (IPO) at $85 per share. On Jan. 3, some 11 years later, they’re trading at $193. But after a stock split in 2022, the company issued 20 shares for every investor owned at the time. So adjusted to $3,860, the ROI for Google stock in about 11 years from its IPO date is 4,541%. Amazon stock debuted at $18 a share in 1997. On Jan. 3, it traded for $224, some 28 years later. But after four stock splits, IPO buyers with any remaining shares have 240 for each one they bought in 1997. So adjusted to $53,760, the ROI for Amazon stock from its IPO is 298,666%. Bitcoin can give it 11 extra years of growth and still absolutely diminish these gains by comparison. That’s truly remarkable because Amazon IPO shares are some of the best-performing stock market investments in history. Facebook’s stock launched at $38 a share in 2012. On Jan. 3, it traded for $604. The company, now called Meta, has never split its stock. So, the ROI for Facebook after 12 years is 1,589%. 16th Birthday Milestones for Bitcoin At 16 years old, Google acquired London-based AI firm DeepMind Technologies in 2014. Today, AI is one of the most important narratives in the crypto space adjacent to Bitcoin. At the end of December, cryptocurrency tokens for AI agents posted 67% days for the 30-day window. Some posted over 200% ROIs. Amazon closed a $545 million acquisition of Diapers.com and Soap.com in 2010 in its sixteenth year. Bitcoin is not a corporation and can’t make acquisitions, but today, several corporations are beginning to acquire BTC. That includes Japan’s Metaplanet and Virginia’s MicroStrategy at the moment. Facebook rebranded to Meta to focus on virtual reality in 2020 when it turned sixteen. Today, several cryptocurrencies are developing in the VR sector, such as Shiba Inu’s Shibarium, Virtuals Protocol, Axie Infinity, and Decentraland. The post 16 Years of Bitcoin: Here’s How It’s Pacing Against Other Tech Giants appeared first on CryptoPotato . CoinOtag

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Pepe the Boss (PEPEBOSS) Solana Memecoin Will Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Pepe the Boss could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe the Boss (PEPEBOSS), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because PEPEBOSS is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe the Boss can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Pepe the Boss could become the next viral memecoin. Pepe the Boss launched with over $8,500 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Pepe the Boss on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe the Boss by entering its contract address – 5pgsjH712NZ6eaKunsEfZarG9UotHaxvheW5E39a8NFX – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEBOSS. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag