InternetComputer
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Виглядає на те, що холдерам $ICP залишилось почекати ще чучуть (звісно, що все в порівнянні) до початку довгоочікуваного росту !)
Buy zone для #ICPUSDT - $8,20 - 10,50
Ще одна корекційна хвилька вниз "напрошується" - буде вона слабка, то нижче $10.50 ціна #InternetComputer вже б не мала б опускатись, а якщо ринок альтів різко "злиють", то відкладений ордер на покупку по $8,20 буде в сам раз.
🙏 Ну а дальше залишиться тільки тримати кулачки, щоб ціна #ICPCoin досягла середньострокової цілі в $40+, а якщо повезе, то і $50+
Buy zone для #ICPUSDT - $8,20 - 10,50
Ще одна корекційна хвилька вниз "напрошується" - буде вона слабка, то нижче $10.50 ціна #InternetComputer вже б не мала б опускатись, а якщо ринок альтів різко "злиють", то відкладений ордер на покупку по $8,20 буде в сам раз.
🙏 Ну а дальше залишиться тільки тримати кулачки, щоб ціна #ICPCoin досягла середньострокової цілі в $40+, а якщо повезе, то і $50+
Feed-Creator-f37457ae9:
Это скам!!
Although the major (3) is forced. #ICP is having a bullish scenario as long as it's above the invalidation red lines.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
#BinanceMegadropSolv Although the major (3) is forced. #ICP is having a bullish scenario as long as it's above the invalidation red lines.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
$ICP
Although the major (3) is forced. #ICP is having a bullish scenario as long as it's above the invalidation red lines.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
Although the major (3) is forced. #ICP is having a bullish scenario as long as it's above the invalidation red lines.
Breaking $9.72 then $6.83 cancels this idea.
Passing $15.89 is a bullish confirmation and takes the price to $40 : $60 as a start.
#InternetComputer
zeinhm_:
34 is the first target to take profit partially
#InternetComputer (#ICP ) Price Prediction
2025 2026 2027 – 2030
Last update: January 4, 2025
#ICP prediction insights
Featured prediction **Jan 1st**
Our ICP price predictions for 2024 were hit. Going forward, ICP is predicted to prepare bullish momentum, with $22.22 and $32.40 acting as two ‘obvious’ bullish targets for 2025.
ICP price prediction 2025:
In 2025, Internet Computer (#ICP ) could range from $9.25 to $32.40, driven by institutional adoption. The 25% Fibonacci level at $12.94 is key, with $40.09 as the most bullish outcome if adoption becomes widespread, significantly impacting market trends and prices.
#ICP timeline prediction:
The important predicted timeline for ICP will be January 15th till February 5th, 2025. ICP price action in that time period will determine its path for the first half of 2025.
$ICP $DOT $BNB
2025 2026 2027 – 2030
Last update: January 4, 2025
#ICP prediction insights
Featured prediction **Jan 1st**
Our ICP price predictions for 2024 were hit. Going forward, ICP is predicted to prepare bullish momentum, with $22.22 and $32.40 acting as two ‘obvious’ bullish targets for 2025.
ICP price prediction 2025:
In 2025, Internet Computer (#ICP ) could range from $9.25 to $32.40, driven by institutional adoption. The 25% Fibonacci level at $12.94 is key, with $40.09 as the most bullish outcome if adoption becomes widespread, significantly impacting market trends and prices.
#ICP timeline prediction:
The important predicted timeline for ICP will be January 15th till February 5th, 2025. ICP price action in that time period will determine its path for the first half of 2025.
$ICP $DOT $BNB
$ICP Price Surge: Internet Computer Token Burn Reaches New Heights
The Internet Computer (ICP) token is making waves in the crypto market, marking its third consecutive day of growth. The token surged to an intraday high of $12, a substantial recovery from last month’s low of $8.83. This bullish momentum is supported by a significant uptick in ICP’s token burn rate, signaling robust demand and activity within the ecosystem.
Why is ICP Gaining Momentum?
One of the primary drivers behind ICP’s recent surge is its accelerating burn cycle. According to the latest data, the ICP burn rate has skyrocketed by 8,800% on an annual basis, now standing at over 849 billion cycles, compared to the 90-day average of 512 billion cycles. This sharp increase reflects growing utility and adoption of the token, which is critical for developers and users within the ecosystem.
Additionally, the Internet Computer protocol has reached a record-breaking 879,670 smart contracts (canisters), a massive jump from 374,000 a year ago. This metric showcases the network’s increasing adoption and developer interest.
Ecosystem Growth and Challenges
While the burn rate and smart contract activity signal positive developments, the ecosystem’s growth in decentralized finance (DeFi) remains modest. With only 11 DeFi apps and a Total Value Locked (TVL) of just over $52 million, the Internet Computer network trails far behind leading blockchain networks like Base and Sui.
Despite this, the network’s technical advancements and improved tokenomics are drawing attention. The reduced token supply, due to the intensified burn rate, may contribute to further price stability and potential upward momentum.
ICP Price Analysis
The daily chart for ICP reveals a significant rebound from its December low of $8.83. Several bullish indicators underscore the token’s current momentum:
Resistance Break: ICP has successfully broken above the critical resistance level of $10.97, last tested in July 2024.
Moving Averages: The token has crossed above the 50-day and 200-day Exponential Moving Averages (EMAs), signaling a bullish trend.
Fibonacci Retracement: ICP is trading near the 50% Fibonacci Retracement level, suggesting potential room for further growth.
Double-Bottom Pattern: ICP confirmed a bullish reversal by breaking the neckline resistance at $11.60, following a double-bottom formation at $9.40.
What’s Next for ICP?
With ICP now trading at $12.31 (+14.73%), the next key levels to watch are:
1. $12.85 – Immediate resistance near the upper boundary of the Murrey Math Lines trading range.
2. $14.00 – A psychological and historical resistance level.
3. $15.50 – A potential target if bullish momentum persists.
ICP’s continued growth hinges on its ability to sustain its burn cycle, attract developers, and expand its ecosystem. While challenges remain in DeFi adoption, the token’s technical breakout and network activity suggest that the Internet Computer is far from slowing down.
Conclusion
ICP is showing strong signs of recovery, backed by fundamental and technical factors. As the token continues to outperform in the short term, traders and investors should monitor key resistance levels and ecosystem developments closely.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#ICP #InternetComputer #CryptoNews #CryptoTrading #DeFi
Why is ICP Gaining Momentum?
One of the primary drivers behind ICP’s recent surge is its accelerating burn cycle. According to the latest data, the ICP burn rate has skyrocketed by 8,800% on an annual basis, now standing at over 849 billion cycles, compared to the 90-day average of 512 billion cycles. This sharp increase reflects growing utility and adoption of the token, which is critical for developers and users within the ecosystem.
Additionally, the Internet Computer protocol has reached a record-breaking 879,670 smart contracts (canisters), a massive jump from 374,000 a year ago. This metric showcases the network’s increasing adoption and developer interest.
Ecosystem Growth and Challenges
While the burn rate and smart contract activity signal positive developments, the ecosystem’s growth in decentralized finance (DeFi) remains modest. With only 11 DeFi apps and a Total Value Locked (TVL) of just over $52 million, the Internet Computer network trails far behind leading blockchain networks like Base and Sui.
Despite this, the network’s technical advancements and improved tokenomics are drawing attention. The reduced token supply, due to the intensified burn rate, may contribute to further price stability and potential upward momentum.
ICP Price Analysis
The daily chart for ICP reveals a significant rebound from its December low of $8.83. Several bullish indicators underscore the token’s current momentum:
Resistance Break: ICP has successfully broken above the critical resistance level of $10.97, last tested in July 2024.
Moving Averages: The token has crossed above the 50-day and 200-day Exponential Moving Averages (EMAs), signaling a bullish trend.
Fibonacci Retracement: ICP is trading near the 50% Fibonacci Retracement level, suggesting potential room for further growth.
Double-Bottom Pattern: ICP confirmed a bullish reversal by breaking the neckline resistance at $11.60, following a double-bottom formation at $9.40.
What’s Next for ICP?
With ICP now trading at $12.31 (+14.73%), the next key levels to watch are:
1. $12.85 – Immediate resistance near the upper boundary of the Murrey Math Lines trading range.
2. $14.00 – A psychological and historical resistance level.
3. $15.50 – A potential target if bullish momentum persists.
ICP’s continued growth hinges on its ability to sustain its burn cycle, attract developers, and expand its ecosystem. While challenges remain in DeFi adoption, the token’s technical breakout and network activity suggest that the Internet Computer is far from slowing down.
Conclusion
ICP is showing strong signs of recovery, backed by fundamental and technical factors. As the token continues to outperform in the short term, traders and investors should monitor key resistance levels and ecosystem developments closely.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#ICP #InternetComputer #CryptoNews #CryptoTrading #DeFi
Vou fazer um artigo completo sobre ICP, gostaria que eu colocasse alguma informação específica nele?
#InternetComputer #ICPCoin
#InternetComputer #ICPCoin
TraderCriptoBR:
Análise sobre o potencial de valorização a longo prazo .
Se a alta recente pode causar uma queda brusca nos próximos dias devido à correção e reversão à média.
📈 $ICP / USDT Navigating the Market with Precision! 🚀
Internet Computer ( $ICP ) is experiencing a strong rally today, trading at $11.976, up 12.78% in the last 24 hours. Here’s the breakdown:
24h High: $12.07624h Low: $10.53324h Volume:ICP: 2.97MUSDT: 33.68M
🔍 Technical Overview:
The 15-minute chart shows a steady bullish trend, with ICP breaking past the $12 resistance level. Consistent green candles suggest strong buying pressure, and the price is testing the upper range of recent highs.
📊 Performance Metrics:
Today: +11.68%7 Days: +15.96%30 Days: -14.93%90 Days: +42.63%180 Days: +48.68%1 Year: -17.08%
💡 Market Insight:
$ICP has gained over 15% in the past week, signaling growing market interest. If the bullish momentum continues, the next resistance could be around $12.50, while support lies near $11.50.
📢 Key Takeaway:
ICP’s upward momentum showcases its potential as a standout performer in the Layer 1 ecosystem. Traders should monitor the $12 level for signs of sustained growth or potential pullbacks. As always, trade responsibly and stay informed!
What’s your outlook for ICP’s next move? 🚀
#Binance #ICP #InternetComputer #CryptoTrading
Internet Computer ( $ICP ) is experiencing a strong rally today, trading at $11.976, up 12.78% in the last 24 hours. Here’s the breakdown:
24h High: $12.07624h Low: $10.53324h Volume:ICP: 2.97MUSDT: 33.68M
🔍 Technical Overview:
The 15-minute chart shows a steady bullish trend, with ICP breaking past the $12 resistance level. Consistent green candles suggest strong buying pressure, and the price is testing the upper range of recent highs.
📊 Performance Metrics:
Today: +11.68%7 Days: +15.96%30 Days: -14.93%90 Days: +42.63%180 Days: +48.68%1 Year: -17.08%
💡 Market Insight:
$ICP has gained over 15% in the past week, signaling growing market interest. If the bullish momentum continues, the next resistance could be around $12.50, while support lies near $11.50.
📢 Key Takeaway:
ICP’s upward momentum showcases its potential as a standout performer in the Layer 1 ecosystem. Traders should monitor the $12 level for signs of sustained growth or potential pullbacks. As always, trade responsibly and stay informed!
What’s your outlook for ICP’s next move? 🚀
#Binance #ICP #InternetComputer #CryptoTrading
$ICP /USDT Trading Signal - Bullish Surge Continues
Entry Zone: $11.60 - $11.70
Targets:
• Target 1: $11.85
• Target 2: $12.10
Stop Loss: Below $11.40
Internet Computer (ICP) has continued its impressive rally, reaching $11.66 with strong bullish momentum. A breakout above $11.70 could push the price toward $11.85 and $12.10 in the short term.
However, failure to maintain above $11.60 could see a pullback to $11.40 before resuming the uptrend. Monitor trading volume closely for confirmation of sustained movement.
#BIOOnBinance #TradingSignals #InternetComputer
Entry Zone: $11.60 - $11.70
Targets:
• Target 1: $11.85
• Target 2: $12.10
Stop Loss: Below $11.40
Internet Computer (ICP) has continued its impressive rally, reaching $11.66 with strong bullish momentum. A breakout above $11.70 could push the price toward $11.85 and $12.10 in the short term.
However, failure to maintain above $11.60 could see a pullback to $11.40 before resuming the uptrend. Monitor trading volume closely for confirmation of sustained movement.
#BIOOnBinance #TradingSignals #InternetComputer
$ICP /USDT Trading Signal - Strong Rally
Entry Zone: $11.40 - $11.50
Targets:
• Target 1: $11.70
• Target 2: $12.00
Stop Loss: Below $11.20
Internet Computer (ICP) is showing impressive bullish momentum, breaking above resistance levels to hit $11.45. A continuation of this rally could see prices testing $11.70 and $12.00 in the near term.
Failure to hold above $11.40 could result in a minor pullback toward $11.20 before resuming the trend. Watch for high volume to confirm the rally’s strength.
#CryptoTrading #TradingSignals #InternetComputer
Entry Zone: $11.40 - $11.50
Targets:
• Target 1: $11.70
• Target 2: $12.00
Stop Loss: Below $11.20
Internet Computer (ICP) is showing impressive bullish momentum, breaking above resistance levels to hit $11.45. A continuation of this rally could see prices testing $11.70 and $12.00 in the near term.
Failure to hold above $11.40 could result in a minor pullback toward $11.20 before resuming the trend. Watch for high volume to confirm the rally’s strength.
#CryptoTrading #TradingSignals #InternetComputer
$ICP is the blockchain for the people. Here's why:
- ICP is the fastest, cheapest, most secure, and most energy-efficient blockchain.
- ICP is designed to save our time, money, enhance our safety, and protect our environment.
- ICP solves real-world problems like cybersecurity, data ownership, centralized AI etc.
- ICP helps startups build end-to-end decentralized solutions without dependency on big tech.
- ICP gives control back to the people through biggest and most functional DAO in human history.
- ICP addresses issues with decentralized money, i.e Bitcoin's slowness and high costs, through its chain-key technology.
Most other blockchains are basically scams, taking hefty gas fees, lacking in data ownership, hosting apps on big tech platforms, and not solving any real-world problems.
#ICP #InternetComputer
- ICP is the fastest, cheapest, most secure, and most energy-efficient blockchain.
- ICP is designed to save our time, money, enhance our safety, and protect our environment.
- ICP solves real-world problems like cybersecurity, data ownership, centralized AI etc.
- ICP helps startups build end-to-end decentralized solutions without dependency on big tech.
- ICP gives control back to the people through biggest and most functional DAO in human history.
- ICP addresses issues with decentralized money, i.e Bitcoin's slowness and high costs, through its chain-key technology.
Most other blockchains are basically scams, taking hefty gas fees, lacking in data ownership, hosting apps on big tech platforms, and not solving any real-world problems.
#ICP #InternetComputer
#ICP : Is "Internet Computer" a Good Investment?
$ICP
#ICPBTC
#ICP.
”Should I invest in Internet Computer CryptoCurrency?"
”Should I buy ICPtoday?"
According to our Forecast System, ICP is an acceptable long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Internet Computer. If you are looking for virtual currencies with good return, ICP can be a profitable investment option. Internet Computer price equal to 15.211 USD at 2024-12-07. If you buy Internet Computer for 100 dollars today, you will get a total of 6.574 ICP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-12-01 is 33.951 US Dollars. With a 5-year investment, the revenue is expected to be around +123.2%. Your current $100 investment may be up to $223.2 in 2029.
Current Price: 15.211 USD
#InternetComputer Target Price :
Internet Computer price target in 14 days:19.325 USD* upside and 14.266 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3):16.799
Resistance Level (R2): 16.073
Resistance Level (R1): 15.672
Pivot Point: 14.946
Support Level (S1): 14.544
Support Level (S2): 13.819
Support Level (S3): 13.417
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
#BinanceNextWave
#2024withBinance
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 07-12-2024
#ICPBTC
#ICP.
”Should I invest in Internet Computer CryptoCurrency?"
”Should I buy ICPtoday?"
According to our Forecast System, ICP is an acceptable long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Internet Computer. If you are looking for virtual currencies with good return, ICP can be a profitable investment option. Internet Computer price equal to 15.211 USD at 2024-12-07. If you buy Internet Computer for 100 dollars today, you will get a total of 6.574 ICP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-12-01 is 33.951 US Dollars. With a 5-year investment, the revenue is expected to be around +123.2%. Your current $100 investment may be up to $223.2 in 2029.
Current Price: 15.211 USD
#InternetComputer Target Price :
Internet Computer price target in 14 days:19.325 USD* upside and 14.266 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3):16.799
Resistance Level (R2): 16.073
Resistance Level (R1): 15.672
Pivot Point: 14.946
Support Level (S1): 14.544
Support Level (S2): 13.819
Support Level (S3): 13.417
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
#BinanceNextWave
#2024withBinance
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 07-12-2024
#MyFirstFeedPost Hello, Binance Square!
7 coins for completing 7 years with Binance:
1. Ada
2. Dot
3. ICP
4. Erg
5. Alph
6. Clore
7. BTC
Bonus for the 8th year: BTCMeme, listed 7 days ago in uniswap, listed in bitget today, buy it while you can! May be we are looking at the next Bonk! Not financial advice!
#cardano #BTC #internetcomputer #Polkadot #ERG #Alph #Clore
7 coins for completing 7 years with Binance:
1. Ada
2. Dot
3. ICP
4. Erg
5. Alph
6. Clore
7. BTC
Bonus for the 8th year: BTCMeme, listed 7 days ago in uniswap, listed in bitget today, buy it while you can! May be we are looking at the next Bonk! Not financial advice!
#cardano #BTC #internetcomputer #Polkadot #ERG #Alph #Clore
$ICP
The price is currently following the roadmap as per the white scenario. Other interpretations are possible but the white scenario is preferred. The price has now reached the 138% extension level, which is an ideal target for a third wave. Should wave (4) start from here, then $9.40 and $11.36 is support. Another upside extension to $18 or higher is probable in wave (3).
#ICPCoin #InternetComputer
The price is currently following the roadmap as per the white scenario. Other interpretations are possible but the white scenario is preferred. The price has now reached the 138% extension level, which is an ideal target for a third wave. Should wave (4) start from here, then $9.40 and $11.36 is support. Another upside extension to $18 or higher is probable in wave (3).
#ICPCoin #InternetComputer
Can anyone help me with #InternetComputer ( ICP) analysis .
I'm Worried about #ICP . I was a very new trader when I invested in ICP at the High market price during the 2021 #BullRun .
So I Have #hold it for Upcoming Bull Run .
so dear expert please help me know the ICP price prediction in this upcoming Bull Run in #2025
I'm Worried about #ICP . I was a very new trader when I invested in ICP at the High market price during the 2021 #BullRun .
So I Have #hold it for Upcoming Bull Run .
so dear expert please help me know the ICP price prediction in this upcoming Bull Run in #2025
🚀 $ICP is building decentralized cloud solutions. Is Internet Computer the next frontier? 🌐
#InternetComputer #DecentralizedWeb #BinanceSquareFamily
#InternetComputer #DecentralizedWeb #BinanceSquareFamily
🔥Internet Computer (ICP) is positioning itself as a strong contender for significant gains in the coming months, with analysts like Javon Marks projecting a potential 639% surge. This forecast aligns with bullish technical setups and increasing network activity.
Analyst Insights:
Current Price: $10.39
Target Price: $79.57 (Potential 7.3x gain)
Recent Performance: Down 3.62% over the last 24 hours, reflecting broader market challenges.
Key Catalysts: Integration in the Real-World Assets (RWA) market, social media buzz, and increased developer adoption.
Key Technical and Fundamental Highlights:
1. DeFi Ecosystem: ICP's Chain Fusion functionality offers seamless compatibility with Bitcoin and Ethereum, making it a sought-after platform for developers.
2. Network Growth: A 13x increase in activity highlights its growing utility and adoption in decentralized finance.
3. Social Sentiment: Among the top 20 most-discussed cryptocurrencies on social platforms, indicating rising interest.
As the crypto market evolves, ICP's strong fundamentals and technical momentum suggest significant upside potential for both short-term traders and long-term investors. Watch for the breakout level at $79.57 while monitoring market conditions.
#CryptoTrading #ICP #InternetComputer
Analyst Insights:
Current Price: $10.39
Target Price: $79.57 (Potential 7.3x gain)
Recent Performance: Down 3.62% over the last 24 hours, reflecting broader market challenges.
Key Catalysts: Integration in the Real-World Assets (RWA) market, social media buzz, and increased developer adoption.
Key Technical and Fundamental Highlights:
1. DeFi Ecosystem: ICP's Chain Fusion functionality offers seamless compatibility with Bitcoin and Ethereum, making it a sought-after platform for developers.
2. Network Growth: A 13x increase in activity highlights its growing utility and adoption in decentralized finance.
3. Social Sentiment: Among the top 20 most-discussed cryptocurrencies on social platforms, indicating rising interest.
As the crypto market evolves, ICP's strong fundamentals and technical momentum suggest significant upside potential for both short-term traders and long-term investors. Watch for the breakout level at $79.57 while monitoring market conditions.
#CryptoTrading #ICP #InternetComputer
🔥 Internet Computer. (ICP) Aiming for 639% Surge: Analyst Insights
Internet Computer (ICP) is gaining notice in the crypto market as it prepares for a possibly huge breakthrough. Popular crypto analyst Javon Marks has tweeted that ICP is displaying strong bullish indications supported by good positive volumes.
Potential 7.3x Surge Places ICP on the Radar
Marks notes that ICP can aim for a breakout level of $79.57, which is already more than 639% apart from its present price. This estimate points to a possible rise of more than 7.3x, so this coin should be watched in the next months.
Meanwhile, as of writing, ICP is swapped hands at about $10.39, dropping 3.62% over the last 24 hours. Reflecting the difficult market conditions, this slump has driven the market cap below the $5 billion mark.
Notwithstanding this, ICP’s special qualities and growing acceptance in important industries help to maintain the hope for its long-term future.
ICP has especially been becoming popular in the Real-World Assets (RWA) market. According to a CNF prior report, among the top 20 cryptocurrencies most mentioned on social media are Internet Computer Protocol, projects like Chainlink (LINK), Avalanche (AVAX), and VeChain (VET). This buzz on social media emphasizes its increasing importance and acceptance among the crypto enthusiasts.
Furthermore appealing is ICP’s significant increase in network activity during the past year. The growing need for compatible DeFi solutions has mostly fueled this expansion. As we previously reported, its Chain Fusion ICP function has been very important since it thirteen times increases network activity.
ICP is a good platform for DeFi applications since this unique ability guarantees flawless compatibility with main blockchain ecosystems like Bitcoin and Ethereum. More developers and projects are so looking to the Internet Computer to use its sophisticated features.
#ICP #InternetComputer
Internet Computer (ICP) is gaining notice in the crypto market as it prepares for a possibly huge breakthrough. Popular crypto analyst Javon Marks has tweeted that ICP is displaying strong bullish indications supported by good positive volumes.
Potential 7.3x Surge Places ICP on the Radar
Marks notes that ICP can aim for a breakout level of $79.57, which is already more than 639% apart from its present price. This estimate points to a possible rise of more than 7.3x, so this coin should be watched in the next months.
Meanwhile, as of writing, ICP is swapped hands at about $10.39, dropping 3.62% over the last 24 hours. Reflecting the difficult market conditions, this slump has driven the market cap below the $5 billion mark.
Notwithstanding this, ICP’s special qualities and growing acceptance in important industries help to maintain the hope for its long-term future.
ICP has especially been becoming popular in the Real-World Assets (RWA) market. According to a CNF prior report, among the top 20 cryptocurrencies most mentioned on social media are Internet Computer Protocol, projects like Chainlink (LINK), Avalanche (AVAX), and VeChain (VET). This buzz on social media emphasizes its increasing importance and acceptance among the crypto enthusiasts.
Furthermore appealing is ICP’s significant increase in network activity during the past year. The growing need for compatible DeFi solutions has mostly fueled this expansion. As we previously reported, its Chain Fusion ICP function has been very important since it thirteen times increases network activity.
ICP is a good platform for DeFi applications since this unique ability guarantees flawless compatibility with main blockchain ecosystems like Bitcoin and Ethereum. More developers and projects are so looking to the Internet Computer to use its sophisticated features.
#ICP #InternetComputer
Dfinity Foundation Offers $5M Grants to Artificial Intelligence Projects Backed by ICP Tokens!
The Dfinity Foundation, a non-profit organization, has initiated a new $5 million grant program today aimed at advancing artificial intelligence (AI) applications in the field of blockchain technology and smart contracts. The program aims to support the development of decentralized AI (DeAI) by providing funding of up to $100,000 to projects utilizing Internet Computer Protocol (ICP) tokens.
The grants will be awarded in increments of $5,000, $25,000, $50,000, and $100,000, with the $100,000 level reserved for larger teams or developers who have completed work below a smaller grant threshold. Dominic Williams, the founder and chief scientist of the Dfinity Foundation, expressed enthusiasm for applicants who can leverage the computing units of the Internet Computer, stating, "We are actively seeking serious individuals who can benefit from the artificial intelligence capabilities of the Internet Computer. #dfinityfoundation
Development of AI on the Internet Computer:
The Internet Computer blockchain will function as a decentralized cloud, enabling AI models to operate entirely on the blockchain without the need for centralized cloud providers such as Amazon Web Services. Projects mentioned by Williams include Dmail, a decentralized email application, and Itoka, a platform for music generated by AI.
Previous Initiatives and Objectives:
In May, the Dfinity Foundation organized the BUIDL Bitcoin hackathon, which saw collaboration from over 200 developers, to support Bitcoin transactions on the Internet Computer blockchain. While the integration of AI into Web3 projects has gained popularity, Williams emphasizes their goal to go beyond "blockchain theater" and meaningfully merge AI with blockchain technology.
Advantages of Using the Internet Computer for AI Models:
The Dfinity Foundation claims that using the Internet Computer to train AI models offers numerous benefits, including transparent execution on a public network, secure and verifiable AI execution, and reliable outcomes. Williams highlights the importance of unedited models and responses when creating a large language model specialized in providing medical advice. #blockchains #dfinity
In Summary:
With the launch of its $5 million grant program, the Dfinity Foundation aims to foster advancements in AI applications within the blockchain and smart contracts domain. By utilizing Internet Computer Protocol (ICP) tokens, the foundation seeks to support the development of decentralized AI and encourage meaningful integration of AI with blockchain technology. #ICP $ICP #internetcomputer
The grants will be awarded in increments of $5,000, $25,000, $50,000, and $100,000, with the $100,000 level reserved for larger teams or developers who have completed work below a smaller grant threshold. Dominic Williams, the founder and chief scientist of the Dfinity Foundation, expressed enthusiasm for applicants who can leverage the computing units of the Internet Computer, stating, "We are actively seeking serious individuals who can benefit from the artificial intelligence capabilities of the Internet Computer. #dfinityfoundation
Development of AI on the Internet Computer:
The Internet Computer blockchain will function as a decentralized cloud, enabling AI models to operate entirely on the blockchain without the need for centralized cloud providers such as Amazon Web Services. Projects mentioned by Williams include Dmail, a decentralized email application, and Itoka, a platform for music generated by AI.
Previous Initiatives and Objectives:
In May, the Dfinity Foundation organized the BUIDL Bitcoin hackathon, which saw collaboration from over 200 developers, to support Bitcoin transactions on the Internet Computer blockchain. While the integration of AI into Web3 projects has gained popularity, Williams emphasizes their goal to go beyond "blockchain theater" and meaningfully merge AI with blockchain technology.
Advantages of Using the Internet Computer for AI Models:
The Dfinity Foundation claims that using the Internet Computer to train AI models offers numerous benefits, including transparent execution on a public network, secure and verifiable AI execution, and reliable outcomes. Williams highlights the importance of unedited models and responses when creating a large language model specialized in providing medical advice. #blockchains #dfinity
In Summary:
With the launch of its $5 million grant program, the Dfinity Foundation aims to foster advancements in AI applications within the blockchain and smart contracts domain. By utilizing Internet Computer Protocol (ICP) tokens, the foundation seeks to support the development of decentralized AI and encourage meaningful integration of AI with blockchain technology. #ICP $ICP #internetcomputer