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Binance Biggest Losers List as of right now... 1. SUSHIDOWN, - 40% 2. ADADOWN, - 32% 3. XLMDOWN, -31% 4. DOTDOWN, -30% 5. TRXDOWN, -29% 6. LTCDOWN, -29% 7. UNIDOWN, -29% 8. ETHDOWN, -27% 9. EOSDOWN, -26% 10. LINKDOWN, -25% Down Is The New Up.
Hey at least LTCDOWN/USDT is up by 21%!
Some options that I think could easily drop 90%: EOSDOWN LTCDOWN TRXDOWN FILDOWN
If you want a quick profit go for LTCDOWN/USDT
tldr; Binance has announced it will perform a reverse split on certain tokens linked to Litecoin and Uniswap. The exchange will suspend trading, subscription, and redemption of UNIDOWN and LTCDOWN tokens on August 17, 2021. The reverse token split process will take approximately 24 hours. Binance advised users to redeem existing tokens into USDT before the split. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
From the article: >To provide a better trading experience for our users, UNIDOWN and LTCDOWN will undergo a 100,000-for-1 reverse token split. The reverse token split process will take approximately 24 hours. 100,000 UNIDOWN (before the reverse split) = 1 UNIDOWN (after the reverse split) and 100,000 LTCDOWN (before the reverse split) = 1 LTCDOWN (after the reverse split). What the hell is a UNIDOWN LTCDOWN?
tldr; Crypto exchange Binance will perform reverse splits on certain trading tokens linked to litecoin and uniswap. UNIDOWN and LTCDOWN will undergo a 100,000:1 reverse token split. The exchange will suspend trading in the tokens at 3:00 a.m. UTC August 17. Users with 1 million of the tokens before the split will have 10,000 after. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
LTCDOWN should have spiked higher. But it didn’t; the chart above shows it fell in value along with Litecoin.
Coins like LTCUP LTCDOWN (the 4x leverage for up and down, same for BTC, ETH, and a few other coins) all were down -80% when crypto was sliding the other day. All the XXXDOWN coins should be have up substantially but were down 80% still. So Binance sold people a bunch of leveraged coins that didn't do what they said they were supposed to do so those people lost all their money and can't do anything about it
I wouldn't advise it. Far too volatile. But if you wanted to, the easy way is to use some tickers like LTCDOWN on binance.
Fellow Binancians, To provide a better trading experience for our users, YFIDOWN, UNIDOWN, ETHDOWN, TRXDOWN, LTCDOWN, XLMDOWN, FILDOWN will undergo a 10,000-for-1 reverse token split.
This doesn’t effect me or maybe most of us but seeing as how leveraged trading has caused some rektaged the last few weeks I thought I’d post this here. Binance has announced that the following tokens will undergo a 10,000-for-1 reverse token split: YFIDOWN UNIDOWN ETHDOWN TRXDOWN LTCDOWN XLMDOWN FILDOWN
Who is this LTCDOWN pumping hard