Gmgmgmgm Square Fam!
Presenting the 32nd episode of The #ICP Pulse Season 3, your daily dose of all things on ICP.
But, before we start...
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Now, let's get into today's episode🚀
1️⃣$ICP Price action
Now, I want you to take a look at the volume bar related to yesterday's candle, you should be able to notice that It's similar to all of the volume levels that caused the previous uptrends, right?
I might be wrong, but before having some confidence in aping from this range, it's necessary to hold this range for the next 2-3 candles as a confirmation.
VPVR also indicates that this range experienced mid to high volumes.
Imo, we can easily moon once the 8.1 USD range is crossed and held.
NFA, SO AS ALWAYS DO YOUR OWN RESEARCH🙂
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
Impressive. The momentum is picking up right now atm.
This resulted in onboarding around 489 entities into the Internet Computer Ecosystem, within the last 24 hours.
So, you might ask, why not active wallets, etc, without this Internet Identity thingy🤨
Let me explain that.
Remember Steve Jobs's intro on the first iPhone and how the human finger replaced the old-day stylus🖊️
That's exactly how the II is replacing Web3 wallets. It is secure, tamperproof by design, and privacy-preserving.
The Internet Identity is something like an ID card that you can use on the IC, which can store thousands of wallet addresses [if you like to] and can seamlessly connect to 100s of apps.
It uses Passkey technology so you don't have to mess around losing private keys :)
🟪Burned ICP Stats
Okay. The ICP Burn rate has soared exponentially, which is interesting.
This accounts for an impressive 4.9K ICP worth 38K USD, vanishing from the supply forever.
🟪ckBTC supply Stats
Meh, the BTC degens jeeted out with a handsome 19.9 BTC worth around 1.4M USD.
Sad for them as they are missing out on close to zero transaction fees along with BTC's native security.
🟪Neurons Stats
Well, the neuron count remain at the same pace as yesterday, but ICPeople were able to activate around 259 Neurons within the last 24 hours to help secure the IC's consensus algorithm.
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 30 ICP
2️⃣BTC Flower --> 37 ICP
3️⃣ETH Flower --> 7.5 ICP
4️⃣Pythagoras by icircle_nft--> 🔺1 ICP
5️⃣Poked Bots by pokedstudiouk --> 8.9 ICP
6️⃣Infinity Canister by Bitfinity --> 🔻18.99 ICP
7️⃣Motoko Sentinels--> 0.00072 ckBTC
8️⃣Cubetopia Islands --> 10 ICP
9️⃣Modernistic Villas by Nomadz_co --> 4.5 ICP
🔟ICP flower --> 7.99 ICP
4️⃣Gainers and Losers
Source: ICPcoins and icptokens
🟣Gainers
➡️Nuance --> 0.0210 USD @ 21.12M USD Marketcap (🔺37.8%)
➡️ChubbyMcFatCat --> 0.000026 USD @ 26K USD Marketcap (🔺28.6%)
➡️Kongswap--> 0.0150 USD @ 15M USD Marketcap (🔺10.9%)
🟣Losers
➡️CTS_SYSTEM--> 0.0697 USD @ 1.3M USD Marketcap (🔻8.2%)
➡️Damonic--> 0.381 USD @ 190K USD Marketcap (🔻7%)
➡️BoomDAO--> 0.00169 USD @ 1.7M USD Marketcap (🔻6.2%)
5️⃣Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪1 Voting Proposal in the KongSwap SNS.
🟪TVL on NNS: 1.901 Billion USD [🔺10.26%]
🟪TVL on ICP DeFi By DefiLlama: 49.25M USD [🔺7.32%]
🟪DFINITY announced,
➡️A short Video where the foundation's VP of growth, lomeshdutta explains how Chain Fusion is making interoperability a seamless experience.
➡️ICP's Chain Fusion usage is up 13x YoY, while network activity across all ICP protocols is up 150% YoY.
➡️An explanation of how to spawn new neurons from the maturity you've accumulated by voting on the IC.
➡️The highly anticipated ICP chain Fusion Ecosystem report has been officially shipped🚢
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️According to token terminal, Open Chat's Monthly P2P swap counts have been up 10x since last July.
➡️Origyn Foundation will host an exclusive AMA Today, 5 PM UTC with Leocalliard, the renowned sculptor of the Runestone.
➡️GoldDAO submits its application to list on CG and announces the winners of its MemeTime, Meme contest.
➡️EXE/ICP and GLDT/ICP pairs are live on Kongswap.
➡️Plug Wallet announces the completion of the integration of Kongswap in the in-wallet swap facility.
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 #MicrosoftBitcoinRejection Fam.
I'll see ya tomorrow with your daily dose on ICP :)
Until then, Take care!
