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3X Short Maker Price (MKRBEAR)
$0.00002927
0.42%
Rank #7687
3X Short Maker Price Chart (MKRBEAR/USD)
Last updated 15 Jun 2022, 20:37PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 | FTX | MKRBEAR / USD | $0.00000082 | 2.35% | $8 |
MKRBEAR Price Statistics
$0
24H Range
$0
- 3X Short Maker Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $3,816
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
$1,908 -99.99%
Aug 10, 2020 -
All-Time Low
$0 416.70%
May 17, 2022
Introducing 3X Short Maker Cryptocurrency
The Rise of 3X Short Maker
The world of cryptocurrency continues to expand, introducing innovative ways for investors to enter the market and maximize their profits. One such cryptocurrency that has gained attention is 3X Short Maker. This article will delve into the basics of 3X Short Maker and explore the reasons behind its popularity.
Understanding 3X Short Maker
3X Short Maker is a unique cryptocurrency that offers investors the opportunity to profit from the price movement of Maker (MKR). The concept behind 3X Short Maker is fairly straightforward - it allows investors to wager on the price of MKR decreasing in value. This means that when the price of MKR falls, investors holding 3X Short Maker will stand to gain three times the percentage decrease in value.
Why 3X Short Maker Is Attracting Investors
There are several reasons why 3X Short Maker has managed to capture the attention of investors in the cryptocurrency market. Firstly, it offers a unique way of profiting from the decline in MKR's price. While most cryptocurrencies allow investors to benefit from price increases, 3X Short Maker provides an alternative for those who anticipate a price drop.Secondly, 3X Short Maker offers a leveraged return. With a three times leverage, investors have the potential to amplify their gains, provided they accurately predict the price movement of MKR. This has attracted traders who are experienced and confident in their predictions, as well as those seeking higher returns.Lastly, 3X Short Maker allows investors to diversify their portfolios. By adding a cryptocurrency that benefits from declining prices, traders can hedge their positions and mitigate potential losses. This flexibility is highly desirable for investors seeking to balance their portfolios and minimize risk exposure.
In conclusion, 3X Short Maker is a cryptocurrency that provides an opportunity for investors to profit from the price decline of Maker (MKR). Its unique concept, leveraged returns, and potential for portfolio diversification have made it an enticing option for traders in the cryptocurrency market. As with any investment, it is crucial for investors to conduct thorough research and exercise caution when trading 3X Short Maker.