Details about 0.5X Long EOS Token cryptocurrency
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https://ftx.com/tokens/EOSHALF
0.5X Long EOS Token price charts
EOSHALF exchanges
0.5X Long EOS Token, the crypto
0.5X Long EOS Token (EOSHALF) is a cryptocurrency that represents the value of 0.5 times the daily percentage change in the EOS price.
The point
The main point of 0.5X Long EOS Token (EOSHALF) is to provide investors with a way to profit from the daily price movements of EOS without actually owning EOS. It allows investors to go long on EOS with leverage, which means they can increase their potential gains (and losses) relative to their initial investment.
The problem
0.5X Long EOS Token (EOSHALF) tries to solve the problem of limited access to leverage for retail investors. Many exchanges and trading platforms require large minimum deposits and have high fees for leveraged trading, which can be a barrier to entry for some investors. By offering a leveraged token that can be bought and sold like any other cryptocurrency, EOSHALF provides a way for retail investors to gain exposure to leverage without the traditional barriers to entry.
Compare EOSHALF and BTC performance
| Timeframe | EOSHALF | BTC |
|---|---|---|
| 1h change | 0 % | 0.176623 % |
| 24h change | -0.04 % | -3.36052 % |
| 7 day change | 12.2 % | 4.48211 % |
| 14 day change | 0 % | -8.21176 % |
| 30 day change | 5.93 % | -6.5207 % |
| 200 day change | 0 % | 128.03 % |
| Year change | 0 % | 142.602 % |