Mirrored ProShares VIXmVIXY
$45.2
Market/Exchange
mVIXY Price Prediction and Price Movement
mVIXY is up 480.36 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of mVIXY can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, mVIXY has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on mVIXY's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Mirrored ProShares VIX Price Chart
About Mirrored ProShares VIX
What is mVIXY?
Mirrored ProShares VIX (mVIXY) is a synthetic asset tracking the price of a ProShares VIX ETF. It can be minted on the Mirror Protocol, which references on-chain prices provided by Band Protocol's decentralized network of oracles. mVIXY exists as CW20 and ERC20 versions, which can be traded on Terraswap and Uniswap, respectively.
Learn more about mVIXY at https://mirror.finance.