Ethereum: where to find historical data on altcoin prices
For a cryptocurrency enthusiast, tracking the price dynamics of altcoins can be crucial for making sound investment decisions and understanding market trends. However, it can be difficult to understand the vast array of available data sources, especially when it comes to historical price information.
Challenge
Quandl, one of the most popular financial data platforms, provides a comprehensive set of cryptocurrency data, but its history is limited and prices are not updated in real time. This creates difficulties for users who want to analyze past indicators, identify trends and make more informed decisions.
Alternative Solutions
Fortunately, there are alternative solutions that can provide historical altcoin price data:
- CoinMarketCap JSON API
: Although the CoinMarketCap JSON API provides the latest updates, it is limited by the size of its dataset and does not offer real-time updates. However, users can access historical data using their API key or by manually extracting the data.
- Historical Etherscan Prices: Etherscan, a popular blockchain tracker, offers a historical price feature for various cryptocurrencies, including altcoins. This feature is available through the Etherscan API and allows users to view and download historical price data for a specific period.
Free Alternatives
To overcome the limitations of these paid APIs, consider exploring free alternatives:
- Historical Prices on CoinMarketCap: CoinMarketCap offers a comprehensive set of historical cryptocurrency price data, although not as comprehensive as the JSON API or Etherscan historical price functionality.
- Ethereum Blockchain Explorer: The official Ethereum blockchain explorer provides access to historical price data of various altcoins. Users can view and download historical price charts for a certain period.
Conclusion
In conclusion, it should be noted that although CoinMarketCap’s JSON API and Etherscan’s historical price function provide valuable historical data on altcoin prices, they may be unavailable or out of date due to their limitations. Using free alternatives such as CoinMarketCap, Ethereum Blockchain Explorer and other online platforms, users can access a large amount of historical price information to make informed investment decisions.
Using these resources, cryptocurrency enthusiasts can better understand market trends and make more informed choices when investing in the altcoin world.
