Three times the meme. Three times the decay. A coin that behaves the way a 3× fund behaves after a month of chop, except it never had the fund.
Launched on Robinhood Chain. The only thing leveraged here is the website.
3× UP · 3× DOWN · DAILY RESET · PATH DEPENDENT · NOT A FUND · 3× UP · 3× DOWN · DAILY RESET · PATH DEPENDENT · NOT A FUND ·
How 3× actually works
Daily resetA 3× product delivers three times the move of one day. Tomorrow it starts again from the new level. It never promises three times the move of a month.
Path dependenceUp 10% then down 10% leaves a plain position at −1%. The 3× version does +30% then −30% and lands at −9%. Same road, different destination.
DecayChop eats leverage. Sideways markets slowly grind a 3× fund toward zero while the underlying goes nowhere. This is the whole joke, and also the whole risk.
Decay calculator
Pick a scenario. The plain position and the 3× position walk the same days; you get both endings.
Token
$TRIPLQ
chain
Robinhood Chain
status
launched
leverage
none. it is a plain token. the name is the leverage.
One address. If a different $TRIPLQ address shows up somewhere, that one is 3× fake.