The price of 3X Short Theta Network Token (THETABEAR) has increased by +0.00% in the past 24 hours, trading at approximately $ 0.00000001.
3X Short Theta Network Token (THETABEAR) is a leveraged token that provides inverse exposure to Theta Network. It aims to offer returns that correspond to three times the inverse of the daily return of Theta.
THETABEAR works by utilizing derivatives, such as futures and swaps, to amplify the inverse of Theta Network's daily performance. It’s designed for short-term trading strategies, particularly speculation on the decline of Theta Network's value.
The unique feature of THETABEAR is its provision of leveraged exposure without requiring investors to deal with the complexities of margin trading.
THETABEAR is financially linked to the Theta Network; however, it moves inversely to Theta's performance. When the Theta Network decreases in value, THETABEAR should increase and vice versa when leveraged 3 times.
The risks of trading THETABEAR include the inherent volatility due to leverage, the complexity of the product, and the focus on short-term movements which might significantly differ from the long-term trends of the underlying asset.
As of the latest data, the market capitalization of 3X Short Theta Network Token (THETABEAR) ranks at #1 with a value of $ .
Trading THETABEAR typically involves using cryptocurrency exchanges that offer the trading pairs for this leveraged token. Keep in mind that it's meant for experienced traders who understand the risks of leverage.
The 3X leverage in THETABEAR is achieved through the use of financial derivatives to triple the inverse daily performance of Theta Network. This means that for every 1% Theta decreases in value, THETABEAR aims to increase by 3%.
You can trade 3X Short Theta Network Token (THETABEAR) on the . Always ensure the exchange is reliable and secure before trading.
To secure your THETABEAR holdings, use reputable wallets that support the token, employ strong security measures, and never share your private keys with anyone.
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