Gmgmgmgm Square Fam!
Welcome to the 66th 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
Hmm, profit-taking continues today as well.
Actually, it looks very healthy as deleveraging is essential for healthy upsides.
In terms of numbers [upside]
Major Support: still sitting around 11.7 -12.1 USD [historically proven to be a support zone + look into the VPVR indicator]
Minor Resistance: 12.3 -12.68 USD [due to the fib level]
A potential setup would be to chop within the 12 -12.2 USD, crack through the minor resistance zone, and straightly head to the 13.7 -13.9 USD zone.
Now, we wait🫡
As always, Not Financial Advice, So DYOR👀
2️⃣Onchain Stats
Sources: IC Dashboard and ICTerminal
🟪Internet Identity Count
Nice, the parabolic approach continues, while the IC was able to onboard around 985 entities [as of press time] into the ecosystem.
Tbh, way back in 2023 when I started this newsletter, the norm was 250-300 entities, maybe lowering to 200-250 ranges in the peak of the bear.
It's wonderful to see that this metric has now been 3x ed since then.
🟪Burned ICP Stats
Yay! The ICP community and devs collectively burned around 6.2K ICP worth 74K USD within the last 24 hours.
Full send the cycle burn rate to 1.5 Trillion and above sers🫡
🟪Canisters stats
Thought of bringing this bad boy again after some time.
Within the last 24 hours, the ICP devs + community folks who are running BoB [Blockchain on blockchain] applications were able to successfully spawn an impressive 1.6K new canisters.
In case you are new here, canisters are the native smart contracts on the internet computer that can process HTTPS outcalls and also use a reverse gas fee model, where devs are needed to topup their canisters with cycles that are computational units that run these smart contracts, ensuring users pay zero gas fees.
These canisters are cryptographically secured, making web3 hacks almost obsolete.
🟪Neurons Stats
Neurons are simply locked up in ICP baskets, which in return allows participation in governance.
As the NNS is autonomous, once a proposal passes it automatically gets executed.
Within the last 24 hours, the IC saw around 338 neurons being activated.
🟪Daily active addresses
So, according to this chart from icterminal, we are seeing history being made folks.
Today, the IC saw around 11.2K new addresses, actively roaming the mainnet.
3️⃣NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 🔺30 ICP
2️⃣BTC Flower --> 🔺31 ICP
3️⃣ETH Flower --> 🔻6.2 ICP
4️⃣icbucks by EgidoVal--> 🔺1.19 ICP
🆕5️⃣Poked Bots Mutant Army by pokedstudiouk --> 37 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00052 ckBTC
8️⃣Cubetopia Islands --> 🔻9.5 ICP
9️⃣Distrikt PODs --> 2.4 ICP
🔟ICP flower --> 🔻6 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️DecideAI --> 0.0490 USD @ 48.1M USD Marketcap (🔺20%)
➡️Elna_DeAi --> 0.0448 USD @ 11.3M USD Marketcap (🔺10.1%)
➡️Kongswap --> 0.0666 USD @ 66.6M USD Marketcap (🔺6.7%)
🟣Losers
➡️OpenFPL --> 0.00937 USD @ 942K USD Marketcap (🔻14.8%)
➡️windoge98 --> 0.854 USD @ 8.3M USD Marketcap (🔻4.24%)
➡️GoldDAO --> 0.0395 USD @ 39.4M USD Marketcap (🔻2.49%)
5️⃣Inside the ICVerse🧑🚀
🟪8 Voting Proposals in the NNS.
🟪8 Voting Proposals in the OpenChat SNS.
🟪2 Voting Proposals in the ICLighthouse SNS.
🟪1 Voting Proposal in the Kinic SNS.
🟪TVL on NNS: 2.846 Billion USD [🔺14.15%]
🟪TVL on ICP DeFi By DefiLlama: 54.83M USD [🔺15.4%]
🟪ICTO SNS Swap is live [Ends in 4 days, 12 hours]
ICTO aims to allow the automation of tasks related to tokenomics.
➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 20K ICP
➡️Overall commitment [including Neurons Fund]: 37.6K ICP
➡️Minimum direct commitment to complete the swap: 40K ICP
➡️Total supply: 1B ICTO
➡️Supply allocated to the Swap: 250M ICTO
🟣Participants of the swap will receive 5 equal value neurons, each with a dissolve delay of 0,3,6,9 and 12 months respectively
🟪Canistore SNS Swap is live [Ends in 7 days, 7 hours]
CANI is an ecosystem of dapps and services to revolutionize the creator economy.
➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 20K ICP
➡️Overall commitment [including Neurons Fund]: 8.02K ICP
➡️Minimum direct commitment to complete the swap: 50K ICP
➡️Total supply: 1B CANI
➡️Supply allocated to the Swap: 200M CANI
🟣Participants of the swap will receive 4 equal value neurons, each with a dissolve delay of 0,6,12 and 24 months respectively
🟪 FomoWell SNS Swap is live [Ends in 11 days, 7 hours]
Fomowell aims to be the fair launch platform for Web3 projects on the ICP blockchain.
➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 100K ICP
➡️Overall commitment [including Neurons Fund]: 20.62K ICP
➡️Minimum direct commitment to complete the swap: 20K ICP
➡️Total supply: 1B WELL
➡️Supply allocated to the Swap: 200M WELL
🟣Participants of the swap will receive 3 equal value neurons, each with a dissolve delay of 0,3 and 6 months respectively
NFA SO DYOR 🤝
🟪Updates from the DFINITY Foundation🔮
➡️The foundation ships a short video, where the VP of growth lomeshdutta explains the power Chain Fusion.
➡️Hints on the Caffeine Artificial Intelligence model launch were published.
➡️Dom tweets on the importance of a self-sovereign blockchain infrastructure.
6️⃣Updates from the ICP ecosystem
➡️ DecideAI_ surpasses 30k verified users.
➡️Bitfinity publishes the latest weekly report.
➡️The weekly registration count on OpenChat cracks 5K, according to tokenterminal metrics.
➡️OmnityNetwork to conduct a few exciting events this January, and also to conduct an AMA on BTCFi this Thursday.
➡️GrindWalletCom to activate beta launch.
➡️Kinic ships blog post on their plans for 2025.
➡️mops_one ships a new async development package for the Motoko programming language.
➡️Kongswap ships light mode for their UI.
➡️OpenFPL Ships latest developer updates.
➡️icp_japan to conduct their 1st hackathon for 2025
➡️icphub_CA announces The Chain Chapters series.
➡️icphub_IN to conduct a 7-day incubation program.
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
#BTC100KTrumpEffect fam.
I'll see ya tomorrow with your daily dose on ICP :)
Until then, Take care👋