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The volatility across the cryptocurrency markets makes it very difficult to actively keep an eye on multiple cryptocurrency , and it is difficult to know the future of the market . Given the 24 hour nature of trading, it becomes imperative to have a tool that can alert investors when major movement in the markets happen.

The cryptocurrency markets need access to objective, timely and reliable data, which strangely in the case of altcoins is not easy to access.

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Price manipulation , the spreading of false information and the general herd mentality of investors can lead to scenarios where “pump and dump” is the routine rather than the exception, especially when it comes to the trading of cryptocurrencies.

using this bot you can predict the price of the market by your self , and with that you can win your trade .

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Intelligence is key

Timing the markets has historically been difficult, even for the most experienced of traders, but for novices and people who have just entered the cryptocurrency world, it presents a challenge which is especially hard.

New investors also have difficulty accessing information in an easy to understand and friendly manner, with the perennial question “what to buy” on the back of their minds.

This bot is programed in order to help traders to win thier trade .

Assistant bot

With the launch of Cryptoping these questions are becoming easier to answer. CryptoPing is basically an “assistant bot,” which can provide crucial information through popular messaging platforms like Telegram and, in the future, Slack.

CryptoPing claims to cover all cryptocurrencies that are in vogue at the moment.

Save yourself

The important thing to realize about CryptoPing is that it is not a panacea, it is an important tool that every trader should consider.

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While it can’t be termed as a trader bot, what it does offer is “monitoring and analyzing” tools that can be used to determine the price movements of coins.

As you get information generated by the bots watching and analyzing algorithms, you receive information as and when the market dynamics change.

This could give you a precious window of opportunity to execute trades. The most important aspect of CryptoPing is that it can also act as an early warning about market hysteria building around certain coins and help you avoid pump and dump situations.

Chance to fund development of CryptoPing

CryptoPing interestingly also has an initial coin offer (ICO), which at the time of writing this article is ongoing.

According to their website, 2,170 investors have invested 373.5 BTC in the project. The ICO, which has lasted nearly one month, will be followed up by the release of PING coins, one week after it ends.

This coin is an intelligent coin based on the ethereum blockchain .

Propelled momentum

CryptoPing hopes to keep the price of their token high by burning tokens after the ICO concludes. They will burn an amount of transferred tokens that have been garnered through subscription fees: 75 percent of tokens gathered from subscription fees during the first six months will be burned, and thereafter 25 percent of the tokens will be burned for the following one year.

According to CryptoPing, since they launched the crowdfunding offer they have gained nearly 30,000 new users.

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