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The #ICP Pulse - S03 E63 - 02/01/2025
Gmgmgmgm Square Fam!
Welcome to the 63rd 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
Clearly, we are again in an accumulation phase, according to the technicals.
The price action is building up to take over both 14 and 50 EMAs.
Back to the numbers [in terms of upside]
Major Support: 10.4 -10.8 USD
Minor Resistance: 11.0 - 11.4 USD
Once resistance is taken down, the next stop would be around 11.7-11.9 USD, with a major resistance zone to take over.
Now, we wait🫡
As, always NOT FINANCIAL ADVICE, SO DYOR🫡
2️⃣Onchain Stats
Sources: IC Dashboard and ICTerminal
🟪Internet Identity Count
Whaaaaat🤯
Network growth looks parabolic, which is interesting.
As a result, the IC saw around 1.16K entities onboard the ecosystem, within the last 24 hours.
LFG
🟪Burned ICP Stats
within the last 24 hours, the ICP community along with the devs burned an impressive 7.9K ICP, worth 83K USD.
🟪Cycles Burn Rate
As of press time, the TCycle burn speed was at 3929 Cycles per hour, which means it takes roughly 7 seconds to burn 1 ICP, accounting for 474 ICP burning per hour at this pace.
🟪Neurons Stats
Impressive. The ICP community collectively gathers their ICP and locks them to prepare for governance.
This accounts for 433 new neurons being activated within the last 24 hours, as of press time.
🟪Number of active addresses
As of press time, an impressive 9.8K addresses were actively roaming around Mainnet, while hitting an ATH of 9.9K yesterday👏
3️⃣NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 23 ICP
2️⃣BTC Flower --> 36.9 ICP
3️⃣ETH Flower --> 9 ICP
4️⃣icbucks by Egidoval--> 0.97 ICP
5️⃣Poked Bots by pokedstudiouk --> 6.7 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00052 ckBTC
8️⃣Cubetopia Islands --> 9.99 ICP
9️⃣Distrikt PODs --> 2.5 ICP
🔟ICP flower --> 9.9 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️Elna_DeAi --> 0.0270 USD @ 6.8M USD Marketcap (🔺23.9%)
➡️DecideAI_ --> 0.0370 USD @ 36.3M USD Marketcap (🔺19.23%)
➡️Kongswap --> 0.0519 USD @ 51.9M USD Marketcap (🔺13.5%)
🟣Losers
➡️Popeye_icp --> 0.000430 USD @ 430K USD Marketcap (🔻38.5%)
➡️cryptocloudsicp --> 0.0035 USD @ 1.3M USD Marketcap (🔻11.4%)
➡️ICPSwap --> 0.0187 USD @ 18.4M USD Marketcap (🔻1.32%)
5️⃣Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪3 Voting Proposals in the OpenChat SNS.
🟪1 Voting Proposal each in the Sonic, GoldDAO, and ICLighthouse SNSs.
🟪TVL on NNS: 2.493 Billion USD
🟪TVL on ICP DeFi By DefiLlama: 47.51M USD
🟪ICTO SNS Swap is live [Ends in 9 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]: 34.6K 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 12 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]: 6.9K 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
NFA SO DYOR 🤝
🟪Updates from the DFINITY Foundation🔮
➡️An explanation of the BTC integration.
➡️A short video where Dr. Jan Camensich discusses how 2025 will be the year of the World Computer.
➡️The latest episode of The ICP monthly roundup has been shipped🚢
➡️Dom will be at cfcstmoritz this year for a keynote speech along with the foundation's CBO PierreSamaties.
6️⃣Updates from the ICP ecosystem
➡️ Yral_app ships the latest updates to their UI.
➡️OmnityNetwork to host their 29th community call on the 8th of January
➡️bitfinitynet turns 5 weeks old and completed 5M+ blocks on Mainnet with a 3.36s Average block time.
➡️WaterNeuron completes ledger integration.
➡️Quokka completes soft cap on icto_app
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 #BTCRebounds95K fam.
I'll see ya tomorrow with your weekly dose on ICP :)
Until then, Take care👋
Welcome to the 63rd 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
Clearly, we are again in an accumulation phase, according to the technicals.
The price action is building up to take over both 14 and 50 EMAs.
Back to the numbers [in terms of upside]
Major Support: 10.4 -10.8 USD
Minor Resistance: 11.0 - 11.4 USD
Once resistance is taken down, the next stop would be around 11.7-11.9 USD, with a major resistance zone to take over.
Now, we wait🫡
As, always NOT FINANCIAL ADVICE, SO DYOR🫡
2️⃣Onchain Stats
Sources: IC Dashboard and ICTerminal
🟪Internet Identity Count
Whaaaaat🤯
Network growth looks parabolic, which is interesting.
As a result, the IC saw around 1.16K entities onboard the ecosystem, within the last 24 hours.
LFG
🟪Burned ICP Stats
within the last 24 hours, the ICP community along with the devs burned an impressive 7.9K ICP, worth 83K USD.
🟪Cycles Burn Rate
As of press time, the TCycle burn speed was at 3929 Cycles per hour, which means it takes roughly 7 seconds to burn 1 ICP, accounting for 474 ICP burning per hour at this pace.
🟪Neurons Stats
Impressive. The ICP community collectively gathers their ICP and locks them to prepare for governance.
This accounts for 433 new neurons being activated within the last 24 hours, as of press time.
🟪Number of active addresses
As of press time, an impressive 9.8K addresses were actively roaming around Mainnet, while hitting an ATH of 9.9K yesterday👏
3️⃣NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 23 ICP
2️⃣BTC Flower --> 36.9 ICP
3️⃣ETH Flower --> 9 ICP
4️⃣icbucks by Egidoval--> 0.97 ICP
5️⃣Poked Bots by pokedstudiouk --> 6.7 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00052 ckBTC
8️⃣Cubetopia Islands --> 9.99 ICP
9️⃣Distrikt PODs --> 2.5 ICP
🔟ICP flower --> 9.9 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️Elna_DeAi --> 0.0270 USD @ 6.8M USD Marketcap (🔺23.9%)
➡️DecideAI_ --> 0.0370 USD @ 36.3M USD Marketcap (🔺19.23%)
➡️Kongswap --> 0.0519 USD @ 51.9M USD Marketcap (🔺13.5%)
🟣Losers
➡️Popeye_icp --> 0.000430 USD @ 430K USD Marketcap (🔻38.5%)
➡️cryptocloudsicp --> 0.0035 USD @ 1.3M USD Marketcap (🔻11.4%)
➡️ICPSwap --> 0.0187 USD @ 18.4M USD Marketcap (🔻1.32%)
5️⃣Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪3 Voting Proposals in the OpenChat SNS.
🟪1 Voting Proposal each in the Sonic, GoldDAO, and ICLighthouse SNSs.
🟪TVL on NNS: 2.493 Billion USD
🟪TVL on ICP DeFi By DefiLlama: 47.51M USD
🟪ICTO SNS Swap is live [Ends in 9 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]: 34.6K 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 12 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]: 6.9K 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
NFA SO DYOR 🤝
🟪Updates from the DFINITY Foundation🔮
➡️An explanation of the BTC integration.
➡️A short video where Dr. Jan Camensich discusses how 2025 will be the year of the World Computer.
➡️The latest episode of The ICP monthly roundup has been shipped🚢
➡️Dom will be at cfcstmoritz this year for a keynote speech along with the foundation's CBO PierreSamaties.
6️⃣Updates from the ICP ecosystem
➡️ Yral_app ships the latest updates to their UI.
➡️OmnityNetwork to host their 29th community call on the 8th of January
➡️bitfinitynet turns 5 weeks old and completed 5M+ blocks on Mainnet with a 3.36s Average block time.
➡️WaterNeuron completes ledger integration.
➡️Quokka completes soft cap on icto_app
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 #BTCRebounds95K fam.
I'll see ya tomorrow with your weekly dose on ICP :)
Until then, Take care👋
Feed-Creator-905e90a76:
Well, I’ll be damned ! The World Computer is real !!
The #ICP Pulse - S03 E62 - 01/01/2025
Gmgmgmgm Square Fam!
Happy New Year to all of you, may this year bring prosperity and success to you and your loved ones🙂
Welcome to the 62nd 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
Well, well look what we have here after that dipping dip, another chance for the folks who jeeted in the top✊
Now speaking in terms of numbers, these are the ranges I am looking to for the upside.
Support: 9.9 -10.3 USD [ Known support zone, with a deep liquidity band]
Resistance: 10.8 - 11.1 USD [ Heavily backed by the 14 and 50 EMAs]
The playbook for me is to chop until Trump arrives in the office and to take over following the event.
Now we wait🤝
As always, This is Not Financial Advice, So DYOR✊
Note that we aren't going into a deep analysis of our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 27th of December 2024 to YT.
2️⃣R&D Meeting Minutes December 2024 @ DFINITY HQ
🟪Host: The Legend, Dr Jan Camenisch CTO @ DFINITY
Agenda
Metrics By KyleLangham and Yvonne-Anne PignoletCore Protocol By Manu DrijversTopology and Incidents By Sasa TomicBoundary & Trust By Rüdiger BirknerUTOPIA By Yvonne-Anne PignvoletChain Fusion By Gregory DemayGovernance By Lara SchmidAI By Islam El AshiR&D Team By Samuel Burri
1️⃣ Metrics By KyleLangham and Yvonne-Anne Pignolet
According to Kyle,
➡️22 out of 25 most active DAOS in web3 are in ICP, according to DeFiLlama🦙
➡️ICP saw 15 new SNS deployments in 2024
Yapignolet also joined the session to deep dive into these metrics.
So, According to Yvonne-Anne,
➡️The IC saw a staggering 5x growth in instruction rate and 50% more usage of HTTPS outcalls.
➡️The IC was able to ship the above 15 features this year, related to developer experience👇
Back to Kyle.
➡️ICP was the 2nd fastest-growing full-time developer ecosystem, according to the Electric Capital Report.
➡️The IC was among the L1s ranked 4th in total network revenue, according to tokenterminal.
2️⃣Core Protocol By manudrijvers
According to Manu,
➡️The IC saw many improvements including the below👇
➡️Manu also provided some explanations on the recent milestones, especially Tokamak.
➡️In addition, features such as 3x improved bandwidth on subnets, 1TB state per subnet, 500 GB memory per canister, and the Fair Cycles Pricing mechanism were spotlighted.
3️⃣Topology and Incidents By Sasa Tomic
According to Sasa,
➡️The foundation worked on increasing decentralization without additional node machines, and here is how it was done👇
➡️How more compute capacity was added to the IC👇
➡️This year the IC experienced 1870 subnet upgrades, 79 hotfixes, and 44 regular releases.
➡️SEV-1 alerts were as low as 1.05% this year.
4️⃣Boundary & Trust By Rüdiger Birkner
According to Rüdiger,
➡️The foundation is working on a new boundary node architecture👇
➡️ This is planned to be deployed early this year and is expected to improve the capacity of these nodes.
➡️Explanations on the HTTP-Gateway library, Certification Libraries, and Chunked certification was done.
5️⃣UTOPIA By Yvonne-Anne Pignolet
According to Yapignolet,
➡️Utopia aims to be the Private ICP instance for large-scale usage.
➡️Here is the progress on Utopia so far👇
➡️This year the foundation aims to ship this to production level.
➡️The foundation has also received solid interest from Major Institutions and governments aiming to utilize Utopia.
6️⃣Chain Fusion By Gregory Demay
According to gdemay,
➡️This is how Chain Fusion has evolved across the past years👇
➡️A brief explanation of the Tritium Milestone, which activated the EVM RPC canister and enabled ckERC20 on the IC, and the Deuterium Milestone, which connected the BRC20 ecosystem with the IC was also conducted.
➡️At the beginning of the year the total ck TVL was at around 9M USD and has grown to 28.67M USD, leading to an impressive 3x growth.
➡️ckUSDT saw rapid growth in terms of its ratio in TVL.
7️⃣Governance By Lara Schmid
According to Lara_A_Schmid,
➡️NNS highlights in 2024 include enabling and Deterministic Time Slashing [DTS] on System Subnets to bring their settings closer to application subnets and Migrating neurons to stable storage [to be commenced in Jan 2025]
➡️Actionable [proposals were activated on the NNS and voting grants were established to improve voting participation.
➡️In addition, the foundation also shipped the NNS explained Video Series so folks can better understand how to participate in governance.
➡️The foundation is currently working on periodic confirmations as we speak.
➡️The growth of SNS DAOs is as follows👇
➡️Limitations were added to SNS treasuries to improve security and SNS upgrades are now much simpler.
Meanwhile, many SNS DAOs rebranded to better approach their audiences.
➡️Finally a brief explanation of The DAO Circle, operated via OpenChat was also conducted.
8️⃣AI By Islam El Ashi
According to ielashi,
➡️ICGPT was the first LLM to run on the IC, initially in 2023.
➡️The foundation then released the Image Classification Demo in March 2024, using Mobilenet v2
➡️The Foundation shipped Floating Point Optimization in April, WASM SIMD in May, The Face Recognition Demo in June, and GPT 2 by DecideAI in July this year.
➡️An explanation of the Cyclotron Milestone was also conducted.
➡️A huge shoutout to Kinic, DecideAI, and OnicaiHQ for their work utilizing AI.
➡️What's next for 2025, with a hint on Caffeine AI which should allow folks to interact with the LLM and deploy dApps seamlessly on the IC👇
Right, I know you are feeling kinda exhausted, but just hold around a bit as we head to the final segment of this episode🤝
8️⃣R&D Team By Samuel Burri
According to Sam,
➡️Here is how the R&D team has grown within the year👇
➡️How the team has been allocated within the foundation👇
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 #BitcoinInSwissReserves fam.
As usual, the quiz will be allocated today, so stay tuned✊
I will see ya tomorrow with the daily dose on all things ICP :)
Until then, Take care👋
Happy New Year to all of you, may this year bring prosperity and success to you and your loved ones🙂
Welcome to the 62nd 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
Well, well look what we have here after that dipping dip, another chance for the folks who jeeted in the top✊
Now speaking in terms of numbers, these are the ranges I am looking to for the upside.
Support: 9.9 -10.3 USD [ Known support zone, with a deep liquidity band]
Resistance: 10.8 - 11.1 USD [ Heavily backed by the 14 and 50 EMAs]
The playbook for me is to chop until Trump arrives in the office and to take over following the event.
Now we wait🤝
As always, This is Not Financial Advice, So DYOR✊
Note that we aren't going into a deep analysis of our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 27th of December 2024 to YT.
2️⃣R&D Meeting Minutes December 2024 @ DFINITY HQ
🟪Host: The Legend, Dr Jan Camenisch CTO @ DFINITY
Agenda
Metrics By KyleLangham and Yvonne-Anne PignoletCore Protocol By Manu DrijversTopology and Incidents By Sasa TomicBoundary & Trust By Rüdiger BirknerUTOPIA By Yvonne-Anne PignvoletChain Fusion By Gregory DemayGovernance By Lara SchmidAI By Islam El AshiR&D Team By Samuel Burri
1️⃣ Metrics By KyleLangham and Yvonne-Anne Pignolet
According to Kyle,
➡️22 out of 25 most active DAOS in web3 are in ICP, according to DeFiLlama🦙
➡️ICP saw 15 new SNS deployments in 2024
Yapignolet also joined the session to deep dive into these metrics.
So, According to Yvonne-Anne,
➡️The IC saw a staggering 5x growth in instruction rate and 50% more usage of HTTPS outcalls.
➡️The IC was able to ship the above 15 features this year, related to developer experience👇
Back to Kyle.
➡️ICP was the 2nd fastest-growing full-time developer ecosystem, according to the Electric Capital Report.
➡️The IC was among the L1s ranked 4th in total network revenue, according to tokenterminal.
2️⃣Core Protocol By manudrijvers
According to Manu,
➡️The IC saw many improvements including the below👇
➡️Manu also provided some explanations on the recent milestones, especially Tokamak.
➡️In addition, features such as 3x improved bandwidth on subnets, 1TB state per subnet, 500 GB memory per canister, and the Fair Cycles Pricing mechanism were spotlighted.
3️⃣Topology and Incidents By Sasa Tomic
According to Sasa,
➡️The foundation worked on increasing decentralization without additional node machines, and here is how it was done👇
➡️How more compute capacity was added to the IC👇
➡️This year the IC experienced 1870 subnet upgrades, 79 hotfixes, and 44 regular releases.
➡️SEV-1 alerts were as low as 1.05% this year.
4️⃣Boundary & Trust By Rüdiger Birkner
According to Rüdiger,
➡️The foundation is working on a new boundary node architecture👇
➡️ This is planned to be deployed early this year and is expected to improve the capacity of these nodes.
➡️Explanations on the HTTP-Gateway library, Certification Libraries, and Chunked certification was done.
5️⃣UTOPIA By Yvonne-Anne Pignolet
According to Yapignolet,
➡️Utopia aims to be the Private ICP instance for large-scale usage.
➡️Here is the progress on Utopia so far👇
➡️This year the foundation aims to ship this to production level.
➡️The foundation has also received solid interest from Major Institutions and governments aiming to utilize Utopia.
6️⃣Chain Fusion By Gregory Demay
According to gdemay,
➡️This is how Chain Fusion has evolved across the past years👇
➡️A brief explanation of the Tritium Milestone, which activated the EVM RPC canister and enabled ckERC20 on the IC, and the Deuterium Milestone, which connected the BRC20 ecosystem with the IC was also conducted.
➡️At the beginning of the year the total ck TVL was at around 9M USD and has grown to 28.67M USD, leading to an impressive 3x growth.
➡️ckUSDT saw rapid growth in terms of its ratio in TVL.
7️⃣Governance By Lara Schmid
According to Lara_A_Schmid,
➡️NNS highlights in 2024 include enabling and Deterministic Time Slashing [DTS] on System Subnets to bring their settings closer to application subnets and Migrating neurons to stable storage [to be commenced in Jan 2025]
➡️Actionable [proposals were activated on the NNS and voting grants were established to improve voting participation.
➡️In addition, the foundation also shipped the NNS explained Video Series so folks can better understand how to participate in governance.
➡️The foundation is currently working on periodic confirmations as we speak.
➡️The growth of SNS DAOs is as follows👇
➡️Limitations were added to SNS treasuries to improve security and SNS upgrades are now much simpler.
Meanwhile, many SNS DAOs rebranded to better approach their audiences.
➡️Finally a brief explanation of The DAO Circle, operated via OpenChat was also conducted.
8️⃣AI By Islam El Ashi
According to ielashi,
➡️ICGPT was the first LLM to run on the IC, initially in 2023.
➡️The foundation then released the Image Classification Demo in March 2024, using Mobilenet v2
➡️The Foundation shipped Floating Point Optimization in April, WASM SIMD in May, The Face Recognition Demo in June, and GPT 2 by DecideAI in July this year.
➡️An explanation of the Cyclotron Milestone was also conducted.
➡️A huge shoutout to Kinic, DecideAI, and OnicaiHQ for their work utilizing AI.
➡️What's next for 2025, with a hint on Caffeine AI which should allow folks to interact with the LLM and deploy dApps seamlessly on the IC👇
Right, I know you are feeling kinda exhausted, but just hold around a bit as we head to the final segment of this episode🤝
8️⃣R&D Team By Samuel Burri
According to Sam,
➡️Here is how the R&D team has grown within the year👇
➡️How the team has been allocated within the foundation👇
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 #BitcoinInSwissReserves fam.
As usual, the quiz will be allocated today, so stay tuned✊
I will see ya tomorrow with the daily dose on all things ICP :)
Until then, Take care👋
$ICP 🔥🔥🔥
/USDT Technical Analysis: Potential Targets Ahead 📊
ICP/USDT has been showing positive momentum, currently trading at $10.47, up by 5.26%. Let’s dive into the key levels to watch as we move forward:
1. Target 1: $10.60
A strong resistance level is near $10.60. If ICP can break through this, it could pave the way for further bullish action, with the next key target being $10.80.
2. Target 2: $10.30
A potential support zone lies at $10.30. This level has held strong in recent price movements. If the price pulls back, this could serve as a solid entry point for bulls.
3. Target 3: $9.80
If ICP experiences a sharp pullback, the $9.80 level might act as a significant support, where buying pressure could resume. Watching this level closely for price action will be important for longer-term traders.
Stay tuned for more updates on price action and trading strategies for ICP.
Remember: Always conduct your own research and manage your risk accordingly. 🔍
#ICP #USDT #CryptoAnalysis #Binance #TechnicalAnalysis #CryptoTrading #CryptoTargets #BinanceTrading
This post combines technical analysis with key target points, making it suitable for the Binance audience. Let me know if you need further adjustments!
/USDT Technical Analysis: Potential Targets Ahead 📊
ICP/USDT has been showing positive momentum, currently trading at $10.47, up by 5.26%. Let’s dive into the key levels to watch as we move forward:
1. Target 1: $10.60
A strong resistance level is near $10.60. If ICP can break through this, it could pave the way for further bullish action, with the next key target being $10.80.
2. Target 2: $10.30
A potential support zone lies at $10.30. This level has held strong in recent price movements. If the price pulls back, this could serve as a solid entry point for bulls.
3. Target 3: $9.80
If ICP experiences a sharp pullback, the $9.80 level might act as a significant support, where buying pressure could resume. Watching this level closely for price action will be important for longer-term traders.
Stay tuned for more updates on price action and trading strategies for ICP.
Remember: Always conduct your own research and manage your risk accordingly. 🔍
#ICP #USDT #CryptoAnalysis #Binance #TechnicalAnalysis #CryptoTrading #CryptoTargets #BinanceTrading
This post combines technical analysis with key target points, making it suitable for the Binance audience. Let me know if you need further adjustments!
Ishaaq Ziyan
--
The #ICP Pulse - S03 E62 - 01/01/2025
Gmgmgmgm Square Fam!
Happy New Year to all of you, may this year bring prosperity and success to you and your loved ones🙂
Welcome to the 62nd 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
Well, well look what we have here after that dipping dip, another chance for the folks who jeeted in the top✊
Now speaking in terms of numbers, these are the ranges I am looking to for the upside.
Support: 9.9 -10.3 USD [ Known support zone, with a deep liquidity band]
Resistance: 10.8 - 11.1 USD [ Heavily backed by the 14 and 50 EMAs]
The playbook for me is to chop until Trump arrives in the office and to take over following the event.
Now we wait🤝
As always, This is Not Financial Advice, So DYOR✊
Note that we aren't going into a deep analysis of our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 27th of December 2024 to YT.
2️⃣R&D Meeting Minutes December 2024 @ DFINITY HQ
🟪Host: The Legend, Dr Jan Camenisch CTO @ DFINITY
Agenda
Metrics By KyleLangham and Yvonne-Anne PignoletCore Protocol By Manu DrijversTopology and Incidents By Sasa TomicBoundary & Trust By Rüdiger BirknerUTOPIA By Yvonne-Anne PignvoletChain Fusion By Gregory DemayGovernance By Lara SchmidAI By Islam El AshiR&D Team By Samuel Burri
1️⃣ Metrics By KyleLangham and Yvonne-Anne Pignolet
According to Kyle,
➡️22 out of 25 most active DAOS in web3 are in ICP, according to DeFiLlama🦙
➡️ICP saw 15 new SNS deployments in 2024
Yapignolet also joined the session to deep dive into these metrics.
So, According to Yvonne-Anne,
➡️The IC saw a staggering 5x growth in instruction rate and 50% more usage of HTTPS outcalls.
➡️The IC was able to ship the above 15 features this year, related to developer experience👇
Back to Kyle.
➡️ICP was the 2nd fastest-growing full-time developer ecosystem, according to the Electric Capital Report.
➡️The IC was among the L1s ranked 4th in total network revenue, according to tokenterminal.
2️⃣Core Protocol By manudrijvers
According to Manu,
➡️The IC saw many improvements including the below👇
➡️Manu also provided some explanations on the recent milestones, especially Tokamak.
➡️In addition, features such as 3x improved bandwidth on subnets, 1TB state per subnet, 500 GB memory per canister, and the Fair Cycles Pricing mechanism were spotlighted.
3️⃣Topology and Incidents By Sasa Tomic
According to Sasa,
➡️The foundation worked on increasing decentralization without additional node machines, and here is how it was done👇
➡️How more compute capacity was added to the IC👇
➡️This year the IC experienced 1870 subnet upgrades, 79 hotfixes, and 44 regular releases.
➡️SEV-1 alerts were as low as 1.05% this year.
4️⃣Boundary & Trust By Rüdiger Birkner
According to Rüdiger,
➡️The foundation is working on a new boundary node architecture👇
➡️ This is planned to be deployed early this year and is expected to improve the capacity of these nodes.
➡️Explanations on the HTTP-Gateway library, Certification Libraries, and Chunked certification was done.
5️⃣UTOPIA By Yvonne-Anne Pignolet
According to Yapignolet,
➡️Utopia aims to be the Private ICP instance for large-scale usage.
➡️Here is the progress on Utopia so far👇
➡️This year the foundation aims to ship this to production level.
➡️The foundation has also received solid interest from Major Institutions and governments aiming to utilize Utopia.
6️⃣Chain Fusion By Gregory Demay
According to gdemay,
➡️This is how Chain Fusion has evolved across the past years👇
➡️A brief explanation of the Tritium Milestone, which activated the EVM RPC canister and enabled ckERC20 on the IC, and the Deuterium Milestone, which connected the BRC20 ecosystem with the IC was also conducted.
➡️At the beginning of the year the total ck TVL was at around 9M USD and has grown to 28.67M USD, leading to an impressive 3x growth.
➡️ckUSDT saw rapid growth in terms of its ratio in TVL.
7️⃣Governance By Lara Schmid
According to Lara_A_Schmid,
➡️NNS highlights in 2024 include enabling and Deterministic Time Slashing [DTS] on System Subnets to bring their settings closer to application subnets and Migrating neurons to stable storage [to be commenced in Jan 2025]
➡️Actionable [proposals were activated on the NNS and voting grants were established to improve voting participation.
➡️In addition, the foundation also shipped the NNS explained Video Series so folks can better understand how to participate in governance.
➡️The foundation is currently working on periodic confirmations as we speak.
➡️The growth of SNS DAOs is as follows👇
➡️Limitations were added to SNS treasuries to improve security and SNS upgrades are now much simpler.
Meanwhile, many SNS DAOs rebranded to better approach their audiences.
➡️Finally a brief explanation of The DAO Circle, operated via OpenChat was also conducted.
8️⃣AI By Islam El Ashi
According to ielashi,
➡️ICGPT was the first LLM to run on the IC, initially in 2023.
➡️The foundation then released the Image Classification Demo in March 2024, using Mobilenet v2
➡️The Foundation shipped Floating Point Optimization in April, WASM SIMD in May, The Face Recognition Demo in June, and GPT 2 by DecideAI in July this year.
➡️An explanation of the Cyclotron Milestone was also conducted.
➡️A huge shoutout to Kinic, DecideAI, and OnicaiHQ for their work utilizing AI.
➡️What's next for 2025, with a hint on Caffeine AI which should allow folks to interact with the LLM and deploy dApps seamlessly on the IC👇
Right, I know you are feeling kinda exhausted, but just hold around a bit as we head to the final segment of this episode🤝
8️⃣R&D Team By Samuel Burri
According to Sam,
➡️Here is how the R&D team has grown within the year👇
➡️How the team has been allocated within the foundation👇
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 #BitcoinInSwissReserves fam.
As usual, the quiz will be allocated today, so stay tuned✊
I will see ya tomorrow with the daily dose on all things ICP :)
Until then, Take care👋
Happy New Year to all of you, may this year bring prosperity and success to you and your loved ones🙂
Welcome to the 62nd 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
Well, well look what we have here after that dipping dip, another chance for the folks who jeeted in the top✊
Now speaking in terms of numbers, these are the ranges I am looking to for the upside.
Support: 9.9 -10.3 USD [ Known support zone, with a deep liquidity band]
Resistance: 10.8 - 11.1 USD [ Heavily backed by the 14 and 50 EMAs]
The playbook for me is to chop until Trump arrives in the office and to take over following the event.
Now we wait🤝
As always, This is Not Financial Advice, So DYOR✊
Note that we aren't going into a deep analysis of our usual stuff, as we have to discuss what happened at the R&D Meeting, which was released on the 27th of December 2024 to YT.
2️⃣R&D Meeting Minutes December 2024 @ DFINITY HQ
🟪Host: The Legend, Dr Jan Camenisch CTO @ DFINITY
Agenda
Metrics By KyleLangham and Yvonne-Anne PignoletCore Protocol By Manu DrijversTopology and Incidents By Sasa TomicBoundary & Trust By Rüdiger BirknerUTOPIA By Yvonne-Anne PignvoletChain Fusion By Gregory DemayGovernance By Lara SchmidAI By Islam El AshiR&D Team By Samuel Burri
1️⃣ Metrics By KyleLangham and Yvonne-Anne Pignolet
According to Kyle,
➡️22 out of 25 most active DAOS in web3 are in ICP, according to DeFiLlama🦙
➡️ICP saw 15 new SNS deployments in 2024
Yapignolet also joined the session to deep dive into these metrics.
So, According to Yvonne-Anne,
➡️The IC saw a staggering 5x growth in instruction rate and 50% more usage of HTTPS outcalls.
➡️The IC was able to ship the above 15 features this year, related to developer experience👇
Back to Kyle.
➡️ICP was the 2nd fastest-growing full-time developer ecosystem, according to the Electric Capital Report.
➡️The IC was among the L1s ranked 4th in total network revenue, according to tokenterminal.
2️⃣Core Protocol By manudrijvers
According to Manu,
➡️The IC saw many improvements including the below👇
➡️Manu also provided some explanations on the recent milestones, especially Tokamak.
➡️In addition, features such as 3x improved bandwidth on subnets, 1TB state per subnet, 500 GB memory per canister, and the Fair Cycles Pricing mechanism were spotlighted.
3️⃣Topology and Incidents By Sasa Tomic
According to Sasa,
➡️The foundation worked on increasing decentralization without additional node machines, and here is how it was done👇
➡️How more compute capacity was added to the IC👇
➡️This year the IC experienced 1870 subnet upgrades, 79 hotfixes, and 44 regular releases.
➡️SEV-1 alerts were as low as 1.05% this year.
4️⃣Boundary & Trust By Rüdiger Birkner
According to Rüdiger,
➡️The foundation is working on a new boundary node architecture👇
➡️ This is planned to be deployed early this year and is expected to improve the capacity of these nodes.
➡️Explanations on the HTTP-Gateway library, Certification Libraries, and Chunked certification was done.
5️⃣UTOPIA By Yvonne-Anne Pignolet
According to Yapignolet,
➡️Utopia aims to be the Private ICP instance for large-scale usage.
➡️Here is the progress on Utopia so far👇
➡️This year the foundation aims to ship this to production level.
➡️The foundation has also received solid interest from Major Institutions and governments aiming to utilize Utopia.
6️⃣Chain Fusion By Gregory Demay
According to gdemay,
➡️This is how Chain Fusion has evolved across the past years👇
➡️A brief explanation of the Tritium Milestone, which activated the EVM RPC canister and enabled ckERC20 on the IC, and the Deuterium Milestone, which connected the BRC20 ecosystem with the IC was also conducted.
➡️At the beginning of the year the total ck TVL was at around 9M USD and has grown to 28.67M USD, leading to an impressive 3x growth.
➡️ckUSDT saw rapid growth in terms of its ratio in TVL.
7️⃣Governance By Lara Schmid
According to Lara_A_Schmid,
➡️NNS highlights in 2024 include enabling and Deterministic Time Slashing [DTS] on System Subnets to bring their settings closer to application subnets and Migrating neurons to stable storage [to be commenced in Jan 2025]
➡️Actionable [proposals were activated on the NNS and voting grants were established to improve voting participation.
➡️In addition, the foundation also shipped the NNS explained Video Series so folks can better understand how to participate in governance.
➡️The foundation is currently working on periodic confirmations as we speak.
➡️The growth of SNS DAOs is as follows👇
➡️Limitations were added to SNS treasuries to improve security and SNS upgrades are now much simpler.
Meanwhile, many SNS DAOs rebranded to better approach their audiences.
➡️Finally a brief explanation of The DAO Circle, operated via OpenChat was also conducted.
8️⃣AI By Islam El Ashi
According to ielashi,
➡️ICGPT was the first LLM to run on the IC, initially in 2023.
➡️The foundation then released the Image Classification Demo in March 2024, using Mobilenet v2
➡️The Foundation shipped Floating Point Optimization in April, WASM SIMD in May, The Face Recognition Demo in June, and GPT 2 by DecideAI in July this year.
➡️An explanation of the Cyclotron Milestone was also conducted.
➡️A huge shoutout to Kinic, DecideAI, and OnicaiHQ for their work utilizing AI.
➡️What's next for 2025, with a hint on Caffeine AI which should allow folks to interact with the LLM and deploy dApps seamlessly on the IC👇
Right, I know you are feeling kinda exhausted, but just hold around a bit as we head to the final segment of this episode🤝
8️⃣R&D Team By Samuel Burri
According to Sam,
➡️Here is how the R&D team has grown within the year👇
➡️How the team has been allocated within the foundation👇
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 #BitcoinInSwissReserves fam.
As usual, the quiz will be allocated today, so stay tuned✊
I will see ya tomorrow with the daily dose on all things ICP :)
Until then, Take care👋
$ICP is currently priced at $10.139, trading within a 24-hour range of $9.733 to $10.199. The coin is approaching its resistance at $10.199, signaling potential upward momentum. If the broader crypto market remains bullish, ICP could aim for a short-term target of $10.30-$10.50. On the downside, strong support lies at $9.733, which could be tested in case of market retracement.
Key Levels to Watch:
Bullish Target: $10.30-$10.50
Support Zone: $9.70-$9.80
ICP is gaining traction – act now to catch the wave!
#icp #CryptoTradingTip #BlockchainGrowth #InvestNow
Key Levels to Watch:
Bullish Target: $10.30-$10.50
Support Zone: $9.70-$9.80
ICP is gaining traction – act now to catch the wave!
#icp #CryptoTradingTip #BlockchainGrowth #InvestNow
$ICP /USDT Analysis: Steady Climb with Bullish Momentum ...
$ICP /USDT is showcasing a strong upward trend, currently trading at $10.515 with a 5.38% gain over the last 24 hours. The price has risen sharply from a low of $9.733, breaking through significant resistance levels. This bullish rally is supported by an increase in trading volume, indicating solid buyer interest and a possible continuation toward higher price levels.
Key Levels to Watch:
Resistance:
$10.600 – A critical resistance zone. A breakout here could push the price toward higher targets.
Support:
$10.200 – Immediate support to sustain the bullish trend.
$9.900 – Secondary support in case of a retracement.
Trade Setup:
Entry Point: Around $10.500
Targets:
Target 1: $10.800
Target 2: $11.200
Stop Loss: $10.000
Market Insights:
The breakout above $10.200 has set a bullish tone for ICP/USDT, and the price is now testing resistance at $10.600. If it manages to break through, the next targets of $10.800 and $11.200 could be achieved. However, failure to hold above $10.200 may lead to a consolidation phase or a pullback toward $9.900.
Recommendation: Monitor $10.600 for signs of a breakout while using tight stop-loss strategies to mitigate risk in case of reversals.
#Write2Earn! #icp
$ICP /USDT is showcasing a strong upward trend, currently trading at $10.515 with a 5.38% gain over the last 24 hours. The price has risen sharply from a low of $9.733, breaking through significant resistance levels. This bullish rally is supported by an increase in trading volume, indicating solid buyer interest and a possible continuation toward higher price levels.
Key Levels to Watch:
Resistance:
$10.600 – A critical resistance zone. A breakout here could push the price toward higher targets.
Support:
$10.200 – Immediate support to sustain the bullish trend.
$9.900 – Secondary support in case of a retracement.
Trade Setup:
Entry Point: Around $10.500
Targets:
Target 1: $10.800
Target 2: $11.200
Stop Loss: $10.000
Market Insights:
The breakout above $10.200 has set a bullish tone for ICP/USDT, and the price is now testing resistance at $10.600. If it manages to break through, the next targets of $10.800 and $11.200 could be achieved. However, failure to hold above $10.200 may lead to a consolidation phase or a pullback toward $9.900.
Recommendation: Monitor $10.600 for signs of a breakout while using tight stop-loss strategies to mitigate risk in case of reversals.
#Write2Earn! #icp
Square-Creator-934b10cb133ffefdc123:
sir update on Troy will it hit 0.0073 or should I close trade in loss.. Thanks
“自写互联网”将彻底改变互联网计算机的游戏规则：
1)“Robby 机器人”🤖✨即将问世，它可以根据需要合成有价值的定制 Web 应用程序和服务。
2）其隐藏的工作原理依赖于*真正的*完全链上的 web3。
3)并且今天它仅发生在#ICP 上
1)“Robby 机器人”🤖✨即将问世，它可以根据需要合成有价值的定制 Web 应用程序和服务。
2）其隐藏的工作原理依赖于*真正的*完全链上的 web3。
3)并且今天它仅发生在#ICP 上
$ETHFI набирає обертів навколо $1.44 і націлюється на $3.87. Торгові обсяги зростають, як і підтримка $ICP , що підтримує прогноз. Спостереження за домінуванням $BTC є критично важливим для розуміння ринкових тенденцій, які можуть вплинути на час і силу можливого прориву $ETHFI .
#ethfi #icp #Bitcoin❗ #Binance
#ethfi #icp #Bitcoin❗ #Binance
#ICP #Spot And Future trade# #ChristmasWonderland #TradingSignals #FutureReadyInvesting Celebrate the New Year With $50,000 Rewards
🪙 ICP/USDT✅
👉 LONG
Cross 20x
Entry: 10.19 - 10.28
1) : 10.35
2) : 10.56
3) : 10.78
4) : 10.99
5) : 11.87
6) : 12.82
7) to the Moon 🌖✈️
⛔SL:✅
5%-10%
Binance, Bitget Spot, ByBit Spot, Coinbase Spot, Huobi.pro, KuCoin, OKX
#ICP/USDT Entry 1 ✅
Average Entry Price: 10.28 💵
Binance, Bitget Spot, ByBit Spot, Coinbase Spot, Huobi.pro, KuCoin, OKX
#ICP/USDT Take-Profit target 1 ✅
Profit: 0.6809% 📈
Period: 2 Hours 58 Minutes ⏰
$ICP
🪙 ICP/USDT✅
👉 LONG
Cross 20x
Entry: 10.19 - 10.28
1) : 10.35
2) : 10.56
3) : 10.78
4) : 10.99
5) : 11.87
6) : 12.82
7) to the Moon 🌖✈️
⛔SL:✅
5%-10%
Binance, Bitget Spot, ByBit Spot, Coinbase Spot, Huobi.pro, KuCoin, OKX
#ICP/USDT Entry 1 ✅
Average Entry Price: 10.28 💵
Binance, Bitget Spot, ByBit Spot, Coinbase Spot, Huobi.pro, KuCoin, OKX
#ICP/USDT Take-Profit target 1 ✅
Profit: 0.6809% 📈
Period: 2 Hours 58 Minutes ⏰
$ICP
clasnic:
hayeller hayeller çıkmaz bize 130 dan soktular hiç yukarı hareket yok eşşekler uçar ıcp uçmaz
𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭 𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫 (𝐈𝐂𝐏): 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝟔𝟑𝟗%
𝐔𝐩𝐬𝐰𝐢𝐧𝐠, 𝐒𝐚𝐲𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐭🔥💎
The spotlight is on Internet Computer (ICP) as it displays compelling signs of a potential rally. With increasing trading volumes and a surge in investor interest, analysts are forecasting a dramatic breakout for this blockchain project. Notably, crypto expert Javon Marks predicts a staggering 7.3x increase in ICP's value—a potential game-changer for those keeping a close watch.
Bullish Momentum Signals a Breakthrough
ICP is making waves in the market with heightened activity and a robust upward trend. The latest price movements, coupled with strong trading volume, hint at an imminent rally that could reshape its market trajectory. According to Javon Marks, a renowned figure in the crypto analysis space, ICP has the potential to surge by 639%, marking it as one of the top opportunities in the current market climate.
Key Drivers Behind ICP's Growth Potential
The growth potential of ICP is deeply rooted in its innovative approach to blockchain technology. Positioned as a decentralized alternative to cloud giants like AWS and Google Cloud, the Internet Computer project offers a unique value proposition. As the demand for Web 3.0 solutions and decentralized applications (dApps) increases, ICP's relevance in the evolving digital ecosystem continues to grow. Its potential to revolutionize cloud services further cements its position as a project to watch.
Conclusion: A High-Reward Opportunity Awaits
Backed by strong fundamentals and increasing market interest, ICP is gearing up for a remarkable ascent. The anticipated 7.3x value increase places it on the radar of savvy investors seeking significant returns. With its cutting-edge technology and alignment with Web 3.0 trends, ICP has all the makings of a breakout star in the crypto space. Stay vigilant—this could be the next big wave to ride.
Current ICP Price: $10.596 (+3.08%)
#ICP #CryptoTrends #BlockchainInnovation
The spotlight is on Internet Computer (ICP) as it displays compelling signs of a potential rally. With increasing trading volumes and a surge in investor interest, analysts are forecasting a dramatic breakout for this blockchain project. Notably, crypto expert Javon Marks predicts a staggering 7.3x increase in ICP's value—a potential game-changer for those keeping a close watch.
Bullish Momentum Signals a Breakthrough
ICP is making waves in the market with heightened activity and a robust upward trend. The latest price movements, coupled with strong trading volume, hint at an imminent rally that could reshape its market trajectory. According to Javon Marks, a renowned figure in the crypto analysis space, ICP has the potential to surge by 639%, marking it as one of the top opportunities in the current market climate.
Key Drivers Behind ICP's Growth Potential
The growth potential of ICP is deeply rooted in its innovative approach to blockchain technology. Positioned as a decentralized alternative to cloud giants like AWS and Google Cloud, the Internet Computer project offers a unique value proposition. As the demand for Web 3.0 solutions and decentralized applications (dApps) increases, ICP's relevance in the evolving digital ecosystem continues to grow. Its potential to revolutionize cloud services further cements its position as a project to watch.
Conclusion: A High-Reward Opportunity Awaits
Backed by strong fundamentals and increasing market interest, ICP is gearing up for a remarkable ascent. The anticipated 7.3x value increase places it on the radar of savvy investors seeking significant returns. With its cutting-edge technology and alignment with Web 3.0 trends, ICP has all the makings of a breakout star in the crypto space. Stay vigilant—this could be the next big wave to ride.
Current ICP Price: $10.596 (+3.08%)
#ICP #CryptoTrends #BlockchainInnovation
🔥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