Seasonal Tokens Quarterly Price Analysis

By Heater

In the observed period from November 2023 to January 12, 2024, each seasonal token demonstrated distinct price movements. Spring (SPRING) opened November 2023 at 0.35 cents and impressively surged to 0.51 cents by January 12, 2024. It’s worth noting that Spring had previously experienced a halving in June 2022, transforming from the most affordable to the most expensive token in the following months.

Summer (SUMMER) also exhibited substantial growth, starting at 0.37 cents in November 2023 and reaching 0.61 cents by January 12, 2024. Summer, like Spring, underwent a halving in March 2023, transitioning from the least expensive to the most expensive token during this observed period. Both tokens experienced their highest values in early January, showcasing a positive trend.

Autumn (AUTUMN) underwent a significant event with its halving in December 2023, starting the period at 0.25 cents and closing at 0.48 cents on January 12, 2024. This halving, which reduced the mining supply of Autumn tokens, doubled the cost of production and shifted mining activities from profitable to unprofitable overnight. The impact of this halving is anticipated to create upward pressure on the price of Autumn tokens relative to the other three seasonal tokens.

Looking ahead, Winter (WINTER) is on the horizon for its halving event in mid 2024, adding anticipation to its future price movements. These variations highlight the dynamic nature of the seasonal tokens market, where halving events play a crucial role in shaping investor sentiment and token values.