Gmgmgmgm Square Fam!
Now this is what I call a charming Thursday😇
Welcome to the 24th episode of The #ICP Pulse Season 3, your daily dose of all things on $ICP
Presenting this week's weekly recap🙂
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
LFG Fam! It is time.
The price took the world by storm, as we created a massive bull candle this week, as last week's one was a small red candle, It was a bullish engulfing candle, indicating the strength and resistance of ICPeople.
Now, If we check on the VPVR indicator, there is not much resistance toward the upside, at least in terms of the weekly candle.
So, now my eyes are on taking over the 0.382 Fib level and completing this weekly candle from 9.93 USD to 10 USD.
Now, we wait.
As always, not financial advice, so DYOR🙂
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
Very impressive.
within the week, over 2.8K users onboarded the Internet Computer Protocol.
🟪Burned ICP Stats
Bruh the burnoooors cooked so hard this week.
This resulted in this chart with a massive spike.
Speaking of numbers, 26K ICP worth 260K USD was burned from the circulation supply, forever.
They ain't coming back Fam🕊️
🟪ckBTC Total Supply
The BTC degens were not open to giving up that easily, so they gradually bought back 7.5 BTC along with them.
ckBTC allows users to stack sats in a decentralized manner, with minimal fees, and is much more secure than the Lightning network by default, thanks to the power of canister smart contracts, which are tamperproof by default.
🟪ckETH Total Supply
Same in terms of ckETH.
Around 30 ETH worth 75K USD was bridged into the IC within the week.
🟪Neurons Stats
The Neuron count crossed 320K, activating around 2K Neurons within this week, to help secure the IC's consensus algorithm, Proof of Useful Work [PoUW].
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔻28.4 ICP
2️⃣BTC Flower --> 🔻35 ICP
3️⃣ETH Flower --> 9 ICP
4️⃣Pythagoras by icircle_nft--> 0.85 ICP
5️⃣Poked Bots by pokedstudiouk --> 🔻19.94 ICP
6️⃣Infinity Canisters by Bitfinity --> 21 ICP
7️⃣Motoko Sentinels--> 0.00083 ckBTC
8️⃣Cubetopia Islands --> 🔻13 ICP
9️⃣Modernistic Villas by Rentspaceco --> 4.5 ICP
🔟ICP flower --> 9 ICP
4️⃣Gainers and Losers
Source: ICPcoins
Note: As this is a weekly recap, the percentage indicated are within the weekly gains.
🟣Gainers
➡️Windoge98--> 0.7608 USD @ 7.4M USD Marketcap (🔺66%)
➡️Damonic--> 0.7044 USD @ 352K USD Marketcap (🔺56%)
➡️Motoko--> 160.34 USD @ 1.1M USD Marketcap (🔺46.2%)
🟣Losers
➡️Bob--> 0.1602 USD @ 477K USD Marketcap (🔻39.4%)
➡️DecideAI--> 0.0728 USD @ 56.9M USD Marketcap (🔻7.1%)
5️⃣Inside the ICVerse🧑🚀
🟪18 Voting Proposals in the NNS.
🟪2 Voting Proposals in the OpenChat SNS.
🟪1 Voting Proposal in the DecideAI SNS.
🟪TVL on NNS: 2.386 Billion USD [🔺6.56%]
🟪TVL on ICP DeFi By DefiLlama: 54.8M USD [🔺2.83%]
🟪JunoBuild SNS Swap is live.
Minimum commitment: 1 ICP
Maximum commitment: 200K ICP
Current Commitment: 5.56K ICP
Max Neurons' Fund Commitment: 126.1K ICP
Total supply: 100M JUNOBUILD
Supply Allocated for the SNS Swap: 30M JUNOBUILD
Participants of the swap will receive 5 equal value neurons, each with a dissolve delay of 0,6,2,18 and 24 months respectively.
🟪DFINITY announced,
➡️A huge shout-out to icphub_KR for leading the IC innovation in Korea.
➡️A short video from a keynote speech conducted by Dom at token2049
➡️The R&D meeting September edition has been shipped
➡️Ed25519 signatures are live on the IC as part of the threshold Schnorr integration.
➡️An explanation of Execution errors has been published on the developer docs.
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️Bitfinity is reportedly to launch mainnet in October.
➡️DecideAI will be staking 10K ICP on WaterNeuron.
➡️Catalyze to conduct a weekly contest series to support the most active community builders.
➡️Rentspaceco conducted their RWA gathering in Barcelona yesterday.
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 the #BinanceLaunchpoolHMSTR Fam :)
Now go unplug those wallets, and revoke your permissions as we meet Sundayyy 🥳
I'll see ya next week with your daily dose on ICP🫡
Until then, Take care!
