I see that there are a few coins with over 100% volatility, which makes me wonder.
You should include the value of each coin along with the volume and the volatility index %. If charts are included it's probably better as well.
I think that instead of licensing your alerts monthly, you should make it yearly/lifetime with a lower price per month. Otherwise the transaction fees used to pay for these transactions isn't gonna be worth it.
Hello magento,
First of all, thank you for your reply and extremely sorry for the late response. We found your suggestion extremely valuable and hence we are now providing both monthly and yearly pricing plans. You can see it in effect here: https://www.shufflup.org/volatility_pricing.php
To answer your question, we actually get the historical data from CryptoCompare API and calculate the Volatility for 7days, 1month, 6months and 1year. But to calculate the 1 hour and 24 hour volatility we have integrated more than 100 exchanges with our API and get the current prices of more than 1000 high volume coins from those exchanges to calculate the real-time volatility. We use Standard Deviation-based algorithm to calculate volatility of each coin.
The coins that show more than 100% volatility, they are the most unstable coins and they really show huge price fluctuations thereby resulting in a huge volatility.
Currently we are working to add the charts and prices with our application and I will comment on this thread to let you know that. If you have any other query please reply in this thread or email us directly at [email protected].
Regards,
SHUFFLUP Team.