Is there anyone holding ICP panic here?
I see that the ICP token is being burned significantly, the market cap and supply of ICP are still much higher than NEAR and DOT.
ICP is now working on both Web3 and AI... even though it is a pipe dream, in the upcoming waves, ICP still has the potential to reach $50 compared to its current market cap.
At a price of $10 with a market cap of 4.7B, reaching $50 would mean about a 5x market cap of around 20 billion for Layer 1 coins in the upcoming alt season is a normal thing.