Gmgmgmgm Square Fam!

Welcome to the 87th episode of The #ICP Pulse Season 2, your daily dose of all things on ICP.

Welcome to this week's weekly recap🙂

Let's get into today's episode🚀

1️⃣$ICP Price action

Meh.

As you can see here, this week's candle has a very little body, as we chopped sideways throughout the week.

But what make this interesting is that this kind of candle indicates that the traders are currently using this zone as a strong support area, which is also partially
held by the tight ressistance indicated by the blue line.

Now, what is required is some action from BTC.

As always, NFA so DYOR :)

Now we head to,

2️⃣Onchain Stats

🟪Internet Identity Stats

Very impressive, a big shoutout goes towards ICPeople for this collective approach, as we onboard around 7800 entities into the IC within this week.


🟪Burned ICP Stats

This week, 251 ICP were burned for ever thanks to the devs who are cooking on the ecosystem.

Although each transaction on the IC burns a small chunk of the TX fee, most of the ICP burns come to play when developers are required to convert ICP into cycles which is semi directional, which are computational fuel that is used to power up canister smart contracts, so users can experience a zero gas fee experience on the IC.

🟪ckETH Supply Stats

Similar to the price action, activity remained sideways this week.

34 ETH landed on the IC today, which accounted to a monthly high.

🟪Neurons Stats

Within this week, ICPeople collectively fueled up around 2100 neurons, to help secure threshold relays.

3️⃣NFT Stats

Source: Toniq and Yuku

1️⃣Motoko Ghosts --> 🔺29 ICP

2️⃣BTC Flower --> 🔺m50 ICP

3️⃣ETH Flower --> 12.9 ICP

4️⃣Pythagoras by icircle_nft--> 0.85 ICP

5️⃣Poked Bots by pokedstudiouk --> 9.99 ICP

6️⃣Infinity Canister by Bitfinity --> 23.5 ICP

7️⃣Motoko Mechs--> 17 ICP

8️⃣Cubetopia Islands --> 14 ICP

9️⃣Modernistic Villas by Rentspaceco --> 3.5 ICP

🔟ICP flower --> 🔻12.55 ICP

4️⃣Gainers and Losers

Source: ICPcoins

Note: As this is a weekly recap, the percentage indicated are within the weekly gains.

🟣Gainers

➡️Seers--> 0.0745 USD @ 2.4M USD Marketcap (🔺20%)

➡️Catalyze--> 0.0107 USD @ 2.7M USD Marketcap (🔺19.8%)

🟣Losers

➡️Elna--> 0.0137 USD @ 1.7M USD Marketcap (🔻32%)

➡️Origyn--> 0.0057 USD @ 59M USD Marketcap (🔻22.7%)

5️⃣Inside the ICVerse🧑‍🚀

🟪 11 Voting Proposals in the NNS.

🟪 1 Voting Proposal in the Yral SNS.

🟪 1 Voting Proposal in the GoldDAO SNS.

🟪TVL on NNS: 1.762 Billion USD [🔻10.7%]

🟪DFINITY Announced,

➡️The Chain Fusion Hacker House will be held at CoinFestAsia

➡️Some inspiration around Motoko👻

So, Here I wrap up for the day😇

Hats off for staying this far🫡

Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially the #TONonBinance Fam :)

Now go unplug those wallets, and revoke your permissions as we meet Sundayyy 🥳

I'll see ya next week with your daily dose on ICP🫡

Take care!