About two weeks about I wrote a [blog entry about Crypto Ping](https://steemit.com/cryptocurrency/@alao/crypto-ping-another-day-another-ico).  It's a service that sends signals when volatility happens in the market. 
![cryptoping2.PNG](https://steemitimages.com/DQmXdJQpYQZKy3WQTjTKFFBD6biZqHtGCeRXnZApF1Zsj1q/cryptoping2.PNG)

 They had an ICO and raised 1,000 BTC.  The ico price was 9000 PING per BTC.  The only way to use the service is with PING tokens and they will burn 75% of subscription fees during 6 months after subscription is introduced, and 25% of fees for a year after that.  

# Current Trading
![pingcurrent.PNG](https://steemitimages.com/DQmckCR65mBEnj2A54Jmr4jhJEz5Q3v6bXRKdRJZeURyYm3/pingcurrent.PNG)

It seems to be trading a little above the ICO price currently.  Given such a low amount of coins and the fact that will burn tokens I consider this coin a long term investment for me.   I don't think a lot of investors will sell below the ICO price.

![cryptopingchart.PNG](https://steemitimages.com/DQmYQH8JthQWVX6f8shTVGf7oKD6PNrco9KUEUnPw1Bv8fA/cryptopingchart.PNG)
The price seems to be stable but it has only been trading for 3 days.  If the service starts to show good numbers this could get in the dollar rage pretty quickly.  

![cryptopingexchanges.PNG](https://steemitimages.com/DQmUBQirjrBNcj19WMaxmY75QLQQaQ4zRWJ7v4NHhUNgbWP/cryptopingexchanges.PNG)
Volume across the exchanges seems to be pretty good as well.  At this point I'm just going to wait and see how this performs over the next month. 

***Before investing you should perform your due diligence and only invest what you can afford to lose.***  

Thanks for reading and as always keep steemin!!

![resteem](https://steemitimages.com/0x0/https://steemitimages.com/DQmfGow4xjVDEX3VoyuiKgatJ2i6WJQraQnzBPjuGKpKLoJ/DQmfQDbXPbsV73NU4DGd5ZbNGjbPNy2e4NU3apjD5Lcipgf_1680x8400.jpg)