Review on 3x Short XRP Token by Xelil Eyvazov
3x long Xrp
.3X Short XRP Token (XRPBEAR) is a digital asset with the market capitalization of $0. 3X Short XRP Token is ranged as in the global cryptocurrency rating with an average daily trading volume of $184.1K. Currently, it is priced at $0.00. In the recent 24 hours the price has changed by -40.838%. There are 0 coins in circulation. The liquidity score is 15.007. The cryptocurrency rating as accessed by BeInCrypto community is 0. The dedicated Twitter account has 0 followers.
The XRPBEAR token is a “leveraged token” created by the FTX cryptocurrency derivatives exchange. XRPBEAR is an Ethereum-based token that’s designed to grow in value when the price of XRP is falling. If the price of XRP decreases by 1% in a day, the price of XRPBEAR increases by 3%. If the price of XRP increases by 1% in a day, the price of XRPBEAR decreases by 3%.
Under certain market conditions, leveraged tokens can behave in unintuitive ways, so it’s important to read the proper documentation before starting to trade them.
Pros
- XrpBear
- Erc-21 blokcahin
Cons
- Not listed Famous Exchange
