Details about 3X Short Dogecoin Token cryptocurrency
3X Short Dogecoin Token
DOGEBEAR
Unknown for now
€0
0
Unknown
https://ftx.com/tokens/DOGEBEAR
3X Short Dogecoin Token price charts
DOGEBEAR exchanges
3X Short Dogecoin Token, the crypto
3X Short Dogecoin Token (DOGEBEAR) is a cryptocurrency that aims to provide investors with a way to profit from a decline in the price of Dogecoin. This token is designed to increase in value by three times for every 1% decrease in the price of Dogecoin. Essentially, the token provides a way to "short" Dogecoin, which means betting against its price.
The point
The main point of 3X Short Dogecoin Token (DOGEBEAR) is to provide investors with a way to profit from a decline in the price of Dogecoin. This is achieved by offering a token that is specifically designed to increase in value as Dogecoin's price decreases.
The problem
3X Short Dogecoin Token (DOGEBEAR) tries to address the problem of investors who want to short Dogecoin but don't have the ability or resources to do so directly. By offering a token that allows investors to profit from a decline in Dogecoin's price, DOGEBEAR provides a more accessible way for investors to take advantage of market fluctuations.
Compare DOGEBEAR and BTC performance
| Timeframe | DOGEBEAR | BTC |
|---|---|---|
| 1h change | 0 % | 0.0128614 % |
| 24h change | 0 % | 3.28956 % |
| 7 day change | 0 % | -8.3567 % |
| 14 day change | 0 % | -1.52273 % |
| 30 day change | -99.59 % | 4.84492 % |
| 200 day change | -100 % | 126.723 % |
| Year change | -100 % | 128.304 % |