Gmgmgmgm Square Fam!
Welcome to the 46th 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🫶
Let's get into today's episode🚀
1️⃣ $ICP Price action
Hmm, rejection occurs as of press time from the top resistance zone, indicating it is strong, compared to previous zones.
So, to overtake this thick liquidity band, we require mid- to high-volume transactions, but we are currently experiencing moderate volumes, which are holding us back.
Speaking of numbers, the max pain scenario would be chopping sideways in this range, and the gud scenario would be taking over the liquidity band above and shooting straight to 14 USD.
Why I am saying this is:
ICP Futures open interest on Binance is now also correlating with the price, which means deleveraging is now complete, according to this coinglass chart👇
Now, we wait.
As Always, THIS IS NOT FINANCIAL ADVICE, SO DYOR😇
2️⃣Onchain Stats
Sources: IC Dashboard and ICTerminal
🟪Internet Identity Count
The IC continues to absorb around 1.2K entities into the eco.
This is 4x since I started The ICP Pulse, which is very great.
Glad the efforts of the ICP community are being paying off👏
🟪Burned ICP stats
As of press time, around 3.2K ICP worth 37K USD vanished from the IC's circulation supply.
Since genesis, around 544K ICP worth 6.2 Million USD has burned🔥🔥
Let it burn🚀
🟪Neurons stats
The neuron growth continues in a parabolic approach.
This accounts for around 335 neurons activated to secure the consensus algorithm of the IC, which is Proof of Useful Work [PoUW].
🟪Number of active addresses by ICTerminal
The IC saw around 7278 active addresses within the last 24 hours.
It's just 970 addresses to hit an ATH, in terms of this metric.
Very bullish🚀
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔺25 ICP
2️⃣BTC Flower --> 39 ICP
3️⃣ETH Flower --> 8 ICP
4️⃣Dcity--> 11 ICP
5️⃣Poked Bots by pokedstudiouk --> 9.5 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.000579 ckBTC
8️⃣Cubetopia Islands --> 10.5 ICP
🆕9️⃣IC Bucks --> 1.2 ICP
🔟ICP flower --> 9.9 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️Neutrinite --> 6.27 USD @ 6.3M USD Marketcap (🔺13.8%)
➡️Damonic --> 0.225 USD @ 112K USD Marketcap (🔺11.58%)
➡️Sonic --> 0.0839 USD @ 10.6M USD Marketcap (🔺10.35%)
🟣Losers
➡️Nuance--> 0.0132 USD @ 1.3M USD Marketcap (🔻28.5%)
➡️BoB--> 0.406 USD @ 4.1M USD Marketcap (🔻4.6%)
➡️Elna--> 0.0190 USD @ 4.7M USD Marketcap (🔻4%)
5️⃣Inside the ICVerse🧑🚀
🟪0 Voting Proposal in the NNS.
🟪4 Voting Proposal in the Catalyze SNS.
🟪1 Voting Proposal each in the Sonic and GoldDAO SNS.
🟪TVL on NNS: 2.646 Billion USD [🔺1.7%]
🟪TVL on ICP DeFi By DefiLlama: 61.95M USD [🔻0.09%]
🟪Updates from the DFINITY Foundation🔮
➡️Updates from the ICPHUBS network🌏
➡️A huge shoutout to OmnityNetowrk for their work leveraging Chain Fusion.
➡️An explanation of Schnorr and ECDSA signatures
➡️A tutorial from stevekimol on how to implement file/image upload and storage on the IC.
6️⃣Updates from the ICP ecosystem
➡️ ic_desk to attend the foundation's Glühwein meetup in Zug.
➡️Junobuild now supports large WASM [WebAssembly] modules greater than 2MB.
Now live on the CLI and Local Docker containers, soon on the UI 🚀
➡️Omnity Network announces REE, Runes Exchange Environment.
➡️Sonic to officially commence migration of liquidity pools to V3 today.
➡️Yuku to conduct thanksgiving drep
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 tour #AltcoinMomentum fam.
I'll see ya tomorrow with your weekly recap on ICP :)
Until then, Take care👋
