Why do some Meme coin names have “1000” in front of them in contracts?
The preference for low-priced assets and the feeling that buying “a whole lot” is a better deal are often referred to as “unit bias.”
When trading contracts like 1000PEPEUSDT, remember to calculate your position size in units of 1,000 tokens.
$PEPE corresponds to the trading pair 1000PEPEUSDT on Binance USDⓈ-M Futures.
What do you think? Join the discussion in the comments.
#PEPE
Don’t use this as a basis for making trading decisions.
The preference for low-priced assets and the feeling that buying “a whole lot” is a better deal are often referred to as “unit bias.”
When trading contracts like 1000PEPEUSDT, remember to calculate your position size in units of 1,000 tokens.
$PEPE corresponds to the trading pair 1000PEPEUSDT on Binance USDⓈ-M Futures.
What do you think? Join the discussion in the comments.
#PEPE
Don’t use this as a basis for making trading decisions.