Are there any digital currencies that have experienced a 2-for-1 stock split in the past?

1 answers

• Greer SchouMar 07, 2024 · 2 years ago
  Indeed, there have been digital currencies that have undergone a 2-for-1 stock split. A notable example is Ethereum (ETH), which had a split in July 2016. This means that for every ETH held, the holder received an additional ETH. The purpose of the split was to increase the number of coins in circulation and make them more accessible to a wider range of investors. After the split, the value of ETH remained relatively stable, but it did lead to increased trading activity and market interest. It's worth noting that stock splits can be seen as a positive signal by the market, as they indicate the project's growth and potential.
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