ETHUP is a leveraged token
It is a dangerous and risky spot product that is a coollection of futures exposure. Leveraged tokens do have baked in decay and inherent risks. They ultimately go to essentially zero. However, when there is strong upwards momentum then leveraged tokens can benefit shorter term holders without risk of random wicks liquidating entire positions.
ETHUP on Kucoin has broken All Time Highs
ETHUP on kucoin is now in discovery mode
This means ETHUP has a lot of room to run
It is a dangerous and risky spot product that is a coollection of futures exposure. Leveraged tokens do have baked in decay and inherent risks. They ultimately go to essentially zero. However, when there is strong upwards momentum then leveraged tokens can benefit shorter term holders without risk of random wicks liquidating entire positions.
ETHUP on Kucoin has broken All Time Highs
ETHUP on kucoin is now in discovery mode
This means ETHUP has a lot of room to run
