Tool to monitor liquidity pool change, track DeFi token prices and wallets
 | By: DefiDonalds Sept. 21, 2020, 10:17 a.m. |
What tools to you use to track liquidity pool change and DeFi token prices?
Something we have not seen previously on the market is this telegram bot tool https://t.me/EtherDROPS_bot
Basically, with the help of this bot you can receive instant notifications on liquidity pool change of any DeFi (only Ethereum based though).
Additionally, you can monitor the price of DeFi tokens. Quite helpul because you can stay alert 24/7 and make accurate and weighted investment decisions based on it. If you the value of a liquidity pool drastically fall or increase- time to think about it!
Just as an example, we have attached a screenshot of these notifications.
As a nice addition, you can track any Ethereum based wallet, whether it belongs to a whale or simply your own one!
Tell us what you think? What do you use to monitor liquidity pools and prices?
We have received a lot of questions - is it really possible to add and monitor prices of all cryptocurrencies, even Bitcoin?
Yes, absolutely any cryptocurrency can be added to monitoring.
When going to https://t.me/EtherDROPS_bot select the "Add coin" option. Next, write the name or ticker of the cryptocurrency, for example Bitcoin or BTC. In the next step you will given all the matching options for this cryptocurrency. Select one you are after. When this is done, the bot will offer to choose a source for monitoring prices - DEX (decentralised) or CEX(centralised. DEX is the preferable option. In the next step, add an adjustable range of price fluctuations. It can be absolutely any number. For example, if you enter 2, it means that as when the price falls or rises by 2%, you will immediately receive a notification to your Telegram account.
You can track any number of cryptocurrencies, liquidity pools, and wallets on the Ethereum network.
do this tool has any coin related to it?
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EtherDROPS has added another amazing feature! You can now monitor price change of ANY cryptocurrency, whether its Bitcoin, Altcoins or ERC-20!
Previously you could only monitor price of ERC-20 tokens.
In order to use this feature, you need to select "Add coin" option, then type in the name or symbol of cryptocurrency you are interested to follow, for example Bitcoin or BTC, and set the percentage change range you wish to have, for example 5%. If the price of Bitcoin will fall or rise by 5%, you will receive an instant notification, so then you can take according actions!