3X Short Chainlink Token LINKBEAR to USD Price, Market Cap, Charts & News

Therefore, it is impossible to accurately predict the price of 3X Short Chainlink Token 5 years from now. Wiki links connect notes together inside Bear only, using note titles as links. Regular links need web addresses (URLs), linkbear but wiki links just use note titles. This makes it easy to jump between related ideas in your Bear notes without leaving the app.

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It’s important to understand that due to this daily rebalancing, the token is intended for short-term trading and may not be suitable for long-term holding, as its performance over time can differ significantly from the -3x target due to compounding effects. The team behind the 3X Short Chainlink Token has not been explicitly stated, but it is offered on the FTX platform, a cryptocurrency exchange known for providing a wide range of trading products, including leveraged tokens like LINKBEAR. The 3X Short Chainlink Token, known by its ticker symbol LINKBEAR, is an ERC-20 token that aims to offer leveraged exposure to Chainlink’s performance. Specifically, it seeks to deliver three times the inverse of Chainlink’s daily returns. This means when Chainlink’s price goes down, LINKBEAR’s value is designed to increase, and vice versa, but by threefold. It’s a sophisticated financial instrument typically used by experienced traders who expect the price of Chainlink to fall.

Short Chainlink Token (LINKBEAR) Chart

3X Short Chainlink Token (LINKBEAR) is currently ranked as the #13117 cryptocurrency by market cap. On iPad and iPhone, long press on a note and tap Copy link to note. To check 3X Short Chainlink Token’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

Once 3X Short Chainlink Token is live on an exchange, CoinCarp will provide real-time 3X Short Chainlink Token (LINKBEAR) prices from different exchanges. In addition to creating wiki links linking to other notes using note titles, Bear also supports the use of aliases for wiki links. It is impossible to predict what 3X Short Chainlink Token will be worth in five years.

LINKBEARUSDT3X Short Chainlink Token / Tether USDcrypto

• This is great for all kinds of projects, from creating a personal wiki to a table of contents for a book.
• When trading leveraged tokens like LINKBEAR, it’s critical to consider the high level of risk involved.
• The token is rebalanced daily to maintain its -3x exposure to Chainlink’s daily returns.
• It’s important to understand that due to this daily rebalancing, the token is intended for short-term trading and may not be suitable for long-term holding, as its performance over time can differ significantly from the -3x target due to compounding effects.

Since it is designed to achieve -3 times the daily return of Chainlink, its performance is also closely tied to the movements in the price of Chainlink. 3X Short Chainlink Token is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. LINKBEAR functions through the use of derivatives such as futures and swaps to create the short leverage effect. The token is rebalanced daily to maintain its -3x exposure to Chainlink’s daily returns.

The 3X Short Chainlink Token price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. You can trade the 3X Short Chainlink Token on platforms that support ERC-20 tokens and offer leveraged trading instruments, such as the FTX exchange, which is among the Poloniex where LINKBEAR is available. In Bear, you can create links between notes and even link to specific sections of a note. This is great for all kinds of projects, from creating a personal wiki to a table of contents for a book. An alias allows you to specify a display text for the link instead of the title of the linked note.

• In Bear, you can create links between notes and even link to specific sections of a note.
• This means when Chainlink’s price goes down, LINKBEAR’s value is designed to increase, and vice versa, but by threefold.
• You can trade the 3X Short Chainlink Token on platforms that support ERC-20 tokens and offer leveraged trading instruments, such as the FTX exchange, which is among the Poloniex where LINKBEAR is available.

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Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 964 exchanges. LINKBEAR is primarily designed for short-term trading strategies due to its daily rebalancing feature, which may not be suitable for long-term investment horizons. For those looking at leveraged positions in the long-term, other financial instruments might be more appropriate. CoinCarp does not currently have price data for 3X Short Chainlink Token as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX).

By using aliases, you can make your wiki links more informative and visually appealing, enhancing the organization and readability of your notes. Please note that this webpage is for informational purposes only. Availability of the crypto-assets displayed is subject to jurisdictional limitations and specific terms and conditions. Crypto.com may not offer certain crypto-assets in certain jurisdictions due to potential or actual regulatory restrictions. The circulating supply of LINKBEAR tokens fluctuates based on trading activities and the reissuance or redemption of tokens to maintain leverage levels. LINKBEAR does not have a fixed total supply due to the nature of its rebalancing mechanism for maintaining leverage.