The only reference to "Traceping" I could find was this one, which refers to an android app. Basically, it performs a
traceroute to discover all the hops between your location and the target IP, then continuously pings each host to provide you with more information about the quality of the connection.
If you didn't understand a word of what I just said, you probably don't need the tool.
Judging by its description, if you want similar functionality on a full linux system, your best bet is MTR, which is included in pretty much every distribution worth the name that isn't actively going for absolutely minimal disk space footprint.