Bitcoin, the first and most well-known cryptocurrency, has seen a surge in popularity over the past year. This has led to a corresponding increase in the value of Bitcoin.
As of this writing, one Bitcoin is worth over $11,000.
This surge in value has led to a new phenomenon known as “tokenization.” Tokenization is the process of converting something of value into a digital token that can be stored on a blockchain.
One of the most popular ways to tokenize value is through Initial Coin Offerings (ICOs). ICOs are a way for companies to raise money by selling digital tokens in exchange for investment.
Bitcoin Long is a company that is tokenizing the value of Bitcoin by creating a new digital token called “3X Long Bitcoin Token.” This token gives holders 3 times the exposure to the price movement of Bitcoin.
In other words, if Bitcoin goes up 10%, then 3X Long Bitcoin Token will go up 30%.
The 3X Long Bitcoin Token is currently available for purchase on the company’s website. The price of one 3X Long Bitcoin Token is 0.
01 BTC, or about $110.
If you’re looking for a way to get exposure to the UPSide potential of Bitcoin without actually owning any Bitcoin, then buying 3X Long Bitcoin Token may be a good option for you.