Dogecoin has seen a parabolic rise all through the previous week, going all the best way from $0.0617 to hitting an all-time excessive of $0.2917 late Thursday — an increase of about 373%. This absurd rise has many traders asking, “How can I brief this meme coin?”
Traders are capable of purchase a 3x leveraged brief coin, referred to as Dogebear, on the crypto trade FTX. The Dogebear coin is presently price $0.0000000077. The leveraged coin signifies that if Dogecoin drops 10%, Dogebear will rise 30%.
One hurdle is that FTX just isn’t presently accessible to U.S. residents.
FTX does have a US web site — https://ftx.us/en — however Dogebear just isn’t accessible on that web site. Moreover, you need to buy Bitcoin (BTC) or Ethereum (ETH_ via a separate trade after which switch it to FTX, making the method cumbersome.
See Additionally: How to Buy Dogecoin (DOGE)
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