Gmgmgmgm Square Fam!

Welcome to the 54th 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, without further ado, Let's get into today's episode🚀


1️⃣ $ICP Price action

Meh, so that was a local top indeed, as we discussed yesterday.

Speaking of numbers, the range to look out for is 11.7-12.3 USD which is a huge liquidity band with historical support.

We can also slid to the 100EMA at 10-11 USD, but this feels very unlikely.

It feels like this will be the max pain scenario, but let's see.

Currently, we are bouncing, which is optimistic.

Do note that whenever BTC shakes, alt shook😁 that's the way.

That's why we discuss long-term price action, so we don't get shaked.

As always, NFA so DYOR🫡



2️⃣Onchain Stats

Sources: IC Dashboard and ICTerminal

🟪Internet Identity Count

Very impressive.

Many people are now onboarding the IC at a steady pace.

The usual norm used to be something around 300-500, but today the IC was able to absorb 1.8K entities within the last 24 hours.



🟪Burned ICP Stats

Today, the IC saw a burn of 3.5K ICP tokens worth 38K USD, which vanished from the circulation supply.

As of press time, the burn speed was around 2145 TCycles per hour, which accounts to 240 ICP burned per hour.



🟪Neurons Stats

Good. The ICP community collectively activated around 417 Neurons to help secure the Consensus Algorithm.

🟪Number of active addresses

Today, the IC saw around 8.4K addresses roaming around Mainnet.

Nice, we are growing👏

3️⃣NFT Stats

Sources: toniqMarket, bioniqMarket and Yuku

1️⃣Motoko Ghosts --> 17.5 ICP

2️⃣BTC Flower --> 36.9 ICP

3️⃣ETH Flower --> 7.3 ICP

4️⃣Dcity--> 🔺11 ICP

5️⃣Poked Bots by pokedstudiouk --> 🔻6.98 ICP

6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC

7️⃣Motoko Sentinels--> 0.00045 ckBTC

8️⃣Cubetopia Islands --> 9.5 ICP

9️⃣Distrikt PODs --> 1.2 ICP

🔟ICP flower --> 9.9 ICP

4️⃣Gainers and Losers

Source: ICPcoins and ICPTokens

🟣Gainers

➡️Yuku --> 0.0103 USD @ 3.39M USD Marketcap (🔺3.7%)

➡️GLDT by gldrwa--> 0.9031 USD @ 185K USD Marketcap (🔺1.16%)

🟣Losers

➡️Yral-app--> 0.0124 USD @ 10.2M USD Marketcap (🔻17.4%)

➡️DecideAI --> 0.0574 USD @ 45.1M USD Marketcap (🔻14.9%)

➡️GLDGOV by gldrwa--> 0.0495 USD @ 34.7M USD Marketcap (🔻14.38%)

5️⃣Inside the ICVerse🧑‍🚀

🟪2 Voting Proposals in the NNS.

🟪2 Voting Proposals in the Kinic SNS.

🟪1 Voting Proposal in the gldrwa SNS.

🟪TVL on NNS: 2.786 Billion USD [🔻20%]

🟪TVL on ICP DeFi By DefiLlama: 52.87M USD [🔻10.5%]

🟪Updates from the DFINITY Foundation🔮

➡️An explanation of the recent collab with ETH_AI_Center [Eth Zürich's AI arm]

➡️A podcast episode where the foundation's engineer Adam Bratschi Kaye explains how ICP canister code is compiled to WASM.

➡️As the proposal [periodic confirmations] 124,416 was adopted all inactive neurons have their timestamp set to the 1st of September 2024

➡️Oisy wallet ships release v0.10

➡️A video trailer for WORLD COMPUTER SHOW 2024🤯



6️⃣Updates from the ICP ecosystem

➡️ Catalyze one ships Catalyze rewards

➡️OPENFPL ships Episode 2 of Waterway Labs dev updates.

➡️Canistore publishes an intro video to their ecosystem.

➡️WaterNeuron ships the first custom, secondary, decentralized swap portal for their Papaya SNS.

➡️icphub_IN to conduct ICP developer workshop at amity_school today.

➡️lendfinity_xyz ships DeFi Strategy No 2 Episode.

➡️OmnityNetwork was at Art Basel, Miami Beach.

➡️bitfinitynet publishes the latest Bitfinity Weekly edition.

➡️icphub_KE announces Finalists for their Mega Hackathon🧑‍💻

➡️modojo_icp to conduct the second Modojo Coding Challenge on the 13th of December.

➡️Native Solana is live on plug_wallet.

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 to our #BinanceHODLerMOVE fam.

I'll see ya tomorrow with your daily dose on ICP :)

Until then, Take care👋