Does Scot Token Price History Data Exist Anywhere?

in #tokens5 years ago

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Scot tokens or Steem-Engine (Steem-Engine is just the interface) token price history data is not aggregated anywhere to my knowledge. But it seems that the prices of those tokens that I have have crashed hard. For instance, I got PORN in the claim crop. I recall the price having been around 3-4 cents in the summer but when I looked at it today, it seems to be less than one cent. LEO is at about 2 cents but it used to be around 10 cents a few months ago. CCC or Creative Coin Crypto is at 0.289 cents now but it used to be worth about 0.7 cents.

The volatility of these tokens extreme to say the least. Even quite small trade volumes can move the prices substantially. I would consider them mere toys at this stage. They do, however, drive activity in various Tribes. DPorn is shaping up to becoming an actual community instead of just a tag. The reason for this is obvious because nearly 100% of the content is NSFW, which is why most users use a dedicated condenser (a fork of the Steemit condenser or front end software) that shows nothing else out of convenience (no need to fiddle with the NSFW settings of the front end they usually prefer). While many in that Tribe have a Steem presence elsewhere, some are completely new to Steem and crypto in general. Apart from the investors and curators, there is perhaps less overlap with the existing Steem user base than usual.

The unavailability of price charts, however, makes it unattractive for investors to buy Scot tokens. There is no way to do technical analysis to time entry into the market. Most of the tokens have done an airdrop or a claimdrop. A lot of them were dumped shortly afterwards. But they're still not in very strong hands. Now could be the time to buy tokens whose long-term future you believe in. I would watch out for the creation of sinks and whether credible business plans exist as well as the the development of the content creator base. But the token market will scarcely gain any traction unless the availability of market information is drastically improved.

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I think there is an API to query price history. Here is the article on it,
https://steemit.com/dev/@harpagon/market-history-tool-for-steem-smart-contracts-now-available-in-test

Thanks a lot!

Posted using Partiko iOS

I don't think there is a price history.

@pharesim recently released a notification tool that sends out notifications when trades occur.

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