Details about 3X Long Tezos Token cryptocurrency
€0
1
Unknown
https://ftx.com/tokens/XTZBULL
3X Long Tezos Token price charts
XTZBULL exchanges
3X Long Tezos Token, the crypto
3X Long Tezos Token (XTZBULL) is a cryptocurrency that aims to provide investors with increased exposure to the performance of the Tezos (XTZ) cryptocurrency. It is a leveraged token, which means that it uses margin trading to amplify the returns of its underlying asset.
The point
The main point of 3X Long Tezos Token (XTZBULL) is to allow investors to take advantage of the price movements of Tezos (XTZ) without having to actually buy and hold the cryptocurrency itself. By using margin trading to magnify the gains of XTZ, the token aims to provide greater returns for its investors.
The problem
One problem that 3X Long Tezos Token (XTZBULL) tries to solve is the difficulty of investing in cryptocurrencies like Tezos (XTZ) for some investors. Traditional exchanges and investment vehicles may be too complex or risky for some investors, or may not provide the exposure they are looking for. By providing a leveraged token that tracks the performance of Tezos (XTZ), 3X Long Tezos Token (XTZBULL) aims to simplify the investment process and make it more accessible to a wider audience.
Compare XTZBULL and BTC performance
| Timeframe | XTZBULL | BTC |
|---|---|---|
| 1h change | 1.76215 % | -0.03589 % |
| 24h change | -3.49 % | -1.56763 % |
| 7 day change | 69.78 % | -7.88865 % |
| 14 day change | -75 % | -3.74424 % |
| 30 day change | -59.91 % | -12.485 % |
| 200 day change | -86.68 % | 124.079 % |
| Year change | -98.95 % | 117.295 % |