What does “2x” mean after many coins? (What does “5x” mean after coins?)
What does \”2x\” mean after many coins? What does \”2x\” mean after many coins? The
What does “2x” mean after many coins? What does “2x” mean after many coins? The meanings are as follows: Bitcoin and Ethereum.
There is a big difference between 2X of Ethereum and EOS.
Bitcoin and Ethereum both trade on the blockchain, so there won’t be much difference between them. 2x refers to double long and double short, which is an explanation for the rise or fall of BTC price. (Here we understand it as the concept of double long)
Ethereum is the same, but because ETH 2.0 has no time lock, many people believe that this project will collapse.
What does “5x” mean after coins?
According to Bitcoin news, the latest analysis by cryptocurrency analyst CryptoJ indicates that “X” (digital token) will be followed by “5x”. If you want to trade, you can consider it as a position with 50 times leverage or more than 10,000 times long position, but this is not possible in Bitcoin; while 5x is equivalent to a market value of 10 units representing a volume of one million coins. This means that investors need to buy more assets at a higher price, so there is no need to increase any number of 5x positions.
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