Short ALGO, 3x Leverage Price (ALGO3S)

$0.05294-19.09%24H

Price of ALGO3S today

The live price of Short ALGO, 3x Leverage is $0.05294 per ALGO3S/USD, with a current market cap of $177,134.54042975238 USD. The 24-hour trading volume is $204,262.87 USD. The ALGO3S to USD price is updated in real-time. Short ALGO, 3x Leverage has experienced a -19.09% change in the last 24 hours and a -20.46% change over the past 7 days.

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Live chart of Short ALGO, 3x Leverage (ALGO3S)

24H1W1M3M1Y3Y

ALGO3S Price History and Comparison

Date ComparisonAmount Change% Change
7 Days$-0.01362-20.46%
30 Days$-0.009651-15.41%
60 Days$-0.02129-28.68%
90 Days$-0.03744-41.42%
1 Year$----%

Short ALGO, 3x Leverage (ALGO3S) Price Information

24H Low & High

Low: $0.05169High: $0.06675

All Time High$2.92
Price Change (1H)-0.05%
Price Change (24H)-19.09%
Price Change (7D)-20.46%

Short ALGO, 3x Leverage Market Stats

Underlying AssetAlgorand(ALGO)
Total Supply3,365,228.8314
Net Value$0.0526367
Market Cap$177,134.54042975238
Daily Management Fee0.1%

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About Short ALGO, 3x Leverage (ALGO3S)

ALGO3S is a leverage token representing a short position on ALGO multiplied by 3. If ALGO decreases by 1%, the net value of ALGO3S will increase by approximately 3%. In a fluctuating market the NAV of the token will be worn, and in extreme market conditions the value of the asset may be reduced to 0. Leverage tokens should only be held for short time periods to avoid losses resulting from price erosion.

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