Seasonal Tokens Weekly Price Analysis

By Heater

The token prices rose over the last week, with the exception of Autumn which fell from 3.65 to 3.6 cents from last Sunday to this Sunday. Over the same period, Spring rose from 2.6 to 2.84 cents, while Summer ended the week slightly higher, increasing from 3.1 to 3.16 cents over the course of the week. The Winter price climbed the most, rising from 4.1 cents to end the week at 4.48 cents.

The prices trended upwards from Sunday to Thursday, with Winter reaching a high for the week of 4.75 cents late on Thursday, while Spring rose to 3.59 cents before dropping back over the weekend. Summer and Autumn have shown more volatility this week than in recent weeks, with Summer trading above Autumn on Sunday evening, and Autumn briefly rising above Winter on Friday. Spring traded at parity with Summer on Thursday morning until renewed buying of Summer pushed the prices back into their natural order.

A bout of volatility on Wednesday that preceded the weekly highs of all four tokens gave way to a period of price convergence late on Thursday, in which the prices traded in a narrow band between 3.4 and 4.1 cents before diverging towards their natural ratios at the end of the week. The gap between the prices of Spring and Summer narrowed over the course of the week, possibly indicating that traders are exchanging Summer tokens for Spring in anticipation of the Spring halving in June, which is only a few weeks away.