Details about 3X Short LEO Token cryptocurrency
€0
1
Unknown
https://ftx.com/tokens/LEOBEAR
3X Short LEO Token price charts
LEOBEAR exchanges
3X Short LEO Token, the crypto
3X Short LEO Token (LEOBEAR) is a crypto token that is designed to provide leveraged short exposure to LEO cryptocurrency. It is an ERC-20 token that can be traded on decentralized exchanges, and it is intended for use by experienced traders who want to speculate on the price movements of LEO.
The point
The main point of 3X Short LEO Token (LEOBEAR) is to allow traders to gain leveraged short exposure to LEO, which means they can profit if the price of LEO decreases. This can be useful for traders who believe that LEO is overvalued or who want to hedge against a potential downturn in the LEO market.
The problem
3X Short LEO Token (LEOBEAR) tries to solve the problem of limited shorting options for LEO traders. Shorting LEO on exchanges can be difficult and risky, and not all traders have access to margin trading. By providing a leveraged short exposure to LEO through a token, traders can achieve similar results without the need for complicated trading strategies or risky margin trades.
Compare LEOBEAR and BTC performance
| Timeframe | LEOBEAR | BTC |
|---|---|---|
| 1h change | 0 % | -0.125138 % |
| 24h change | -0.01 % | 0.547531 % |
| 7 day change | -22.29 % | 0.799047 % |
| 14 day change | -34.27 % | -8.06332 % |
| 30 day change | -46.97 % | -7.21923 % |
| 200 day change | 0 % | 127.49 % |
| Year change | -96.24 % | 133.811 % |