The Internet Computer (ICP) is a blockchain network that aims to improve the efficiency, speed and decentralization of computing and data storage. The project aims to address the shortcomings of the traditional Internet, such as service monopoly, poor system security and abuse of personal data. How will the price of ICP change in the future?
Learn about the long-term ICP price prediction in the latest article from StealthEX:
Current ICP price: $7.88
ICP Price Prediction 2025: $30
ICP price forecast in 2030: $116
Internet Computer (ICP) Overview
The Internet Computer (ICP) is a platform for developing and operating online services that does not rely on the servers of large companies. Instead, it runs directly on the blockchain through a network of independent data centers. This allows developers to create truly decentralized applications and users to enjoy them without having to deal with corporate clouds or other unreliable or expensive middlemen.
ICP offers a decentralized way to host and execute smart contracts. With its subnet-based architecture, Internet Computer can dynamically scale, and ICP can seamlessly integrate with other blockchain networks like Bitcoin and Ethereum.
The project itself was founded by Dominic Williams in October 2016, raising a total of $121 million from contributors such as Andreessen Horowitz, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, Polychain Capital, SV Angel, and Multicoin Capital, and was launched and open-sourced by the DFINITY Foundation on May 10, 2021.
Features of Internet Computer
ICP provides many features in the crypto space, which are:
No usernames or passwords required: Fingerprint or facial recognition technology can be used to protect privacy and prevent cross-border tracking on mobile or portable HSM devices like Ledger wallets or YubiKey.
Users do not need wallets or tokens: The reverse gas model offers a truly user-friendly, free-to-use dApp for mass adoption.
Actual scalability: IC can scale to an unlimited number of dApps and achieve unlimited data storage by regularly introducing additional subnets.
No tracking: Users utilizing internet identity methods are not tracked across dApps and services, which is a significant advantage.
Websites provide services through smart contracts: Like regular websites, users can directly open container smart contracts in their browsers.
Internet Computer (ICP) Price Trend Chart
Internet Computer (ICP) Price Historical Highlights:
2021: Internet Computer was incubated and launched by the DFINITY Foundation in May 2021, with an ATH price of $750.73 and a 24-hour trading volume of $132,334,588. After just 14 months post-launch, it ranked 36th in cryptocurrencies, growing from 3.83% in early July to 18.05%. By June 2021, the ICP token had lost most of its value, falling below $30.
2022: Even after nearly a year, the price of ICP did not reach the all-time high set in the first few days after launch. In fact, the price of ICP fell to a low below $15 in mid-2022, and its market cap dropped to around $3.5 billion.
2023: In December 2023, the ICP price surged significantly, with increased trading volume breaking through the upper boundary of the trading channel. The breakout from the trading channel is considered a bullish pattern, indicating further upward potential, with resistance successfully retested, leading to a price rebound.
2024: The token has not reacted to the bullish trend at the beginning of 2024, with prices fluctuating between $11 and $13. Currently, it trades between $7 and $9.
Internet Computer ICP Price Prediction: 2024, 2025, 2030-2040
2024 ICP Price Prediction
DigitalCoinPrice experts believe that the price of ICP could fall to $7.67 (-10%) in 2024, while it could rise to $18.88 (+121%).
PricePrediction cryptocurrency analysts expect that ICP will fluctuate within a narrow price range in 2024: a minimum price of $9.41 (+10%) and a maximum price of $10.63 (+24%).
Telegaon cryptocurrency experts predict that the price of ICP will rise sharply in 2024: its minimum price level will be $20.95 (+145%) and its maximum price will be $30.17 (+253%).
2025 ICP Price Prediction
According to DigitalCoinPrice data, ICP will make significant progress in 2025: its peak could reach $22.36 (+161%), while its minimum price could drop to $18.45 (+116%).
PricePrediction forecasts that by 2025, the minimum price of ICP will reach $13.64 (+59%), while the maximum price of ICP cryptocurrency could reach $16.52 (+93%).
Telegaon analysts expect the maximum price of ICP in 2025 to reach $46.18 (+440%), while the minimum price may drop to $30.61 (+258%).
2030 ICP Price Prediction
According to DigitalCoinPrice's prediction, Internet Computer cryptocurrency will trade at tense price levels: by 2030, the maximum price the ICP cryptocurrency could reach is $64.13 (+650%), while its price could drop to a minimum of $58.06 (+579%).
According to PricePrediction's forecast, by 2030, the minimum price of ICP is expected to reach $100: with a minimum price of $91.21 (+968%) and a maximum price expected to reach $109.87 (+1,186%).
Telegaon price prediction estimates that by 2030, the minimum price of ICP will reach $139.18 (+1,529%), and the maximum price could reach $175.41 (+1,953%).
2040 ICP Price Prediction
According to PricePrediction's forecast, the minimum price of ICP in 2040 could reach $4,422 (+51,679%), while the maximum price could reach $5,260 (+61,492%).
If we believe the statements of Telegaon experts, by 2040 the price of ICP will rise significantly: a minimum of $359.23 (+4,106%) and a maximum of $402.54 (+4,613%).
Internet Computer (ICP) Price Prediction: What Experts Say?
Internet Computer offers many innovative features that, if widely adopted, could change the way we use the internet today. Smart contracts (referred to as 'containers') are versatile and can perform various tasks, from providing web pages to implementing complex applications (such as DEXs and messaging services). Developers can write smart contracts in familiar languages like Rust, TypeScript, or Python.
The functionalities of ICP may become very useful in the future, leading to further increases in the price of the Internet Computer token. Some experts (like Techopedia) suggest that by 2030, the token's peak price could reach $200.
ICP USDT Price Technical Analysis
Now that we understand the potential price predictions for ICP, let's further explore the factors that may affect its price.
What determines the price of ICP?
The value of ICP is affected by various factors such as its technological development, acceptance by users and developers, and the overall market sentiment in the cryptocurrency industry. For instance, a bullish market or positive news in the cryptocurrency space may enhance the value of ICP, while a bearish market or adverse events may reduce its value. Investors must stay informed on how the larger cryptocurrency market impacts the value of ICP.
When assessing ICP investments, keep the following points in mind:
Supply and Demand
Market Sentiment
Technological Development
Wider Adoption
News
Regulatory Decisions
Risks and Opportunities
Internet Computer Protocol (ICP) employs advanced technologies such as chain key cryptography, containers, Network Nervous System (NNS), and WebAssembly to achieve the decentralized and efficient execution of Web3 applications and smart contracts.
ICP stands out among other blockchain platforms for its high speed, scalability, minimal transaction fees, decentralization, and innovative features such as network nervous systems and chain key cryptography.
However, like many cryptocurrencies, the value of the ICP token may be volatile, and regulatory uncertainties surrounding cryptocurrencies and decentralized technologies may affect long-term viability.
Frequently Asked Questions
Is ICP a good investment?
One of the main advantages of ICP is its ability to provide a tamper-proof environment for AI models and other applications, promoting security and trust through open and honest business practices. Containers are high-performance smart contracts capable of managing large computing resources, allowing for the very fast and efficient deployment of complex AI models.
Due to ICP's user-friendly interface, economical design, and environmentally friendly structure, it can interact directly with smart contracts through the browser.
These features can be widely applied in the future, further increasing the price of the ICP token. However, like any cryptocurrency, Internet Computer cryptocurrency is highly volatile, making it a potentially good choice for investors with a high-risk tolerance.
Does ICP have a future?
It is expected that as the Internet Computer project is further adopted, its price levels will rise, leading to broader applications in the future.
Will the ICP token recover?
This is possible if the market is impacted by a new bullish trend.
What is the all-time high of ICP?
ICP reached an all-time high in 2021, peaking at $750.73.
Can ICP reach ATH?
The price of ICP may reach higher levels in the future.
Can ICP reach $100?
Websites like PricePrediction believe that by 2030, ICP will reach a peak of $109.87.
Can ICP reach $1,000?
ICP's market share must increase significantly to reach $1,000. While such sudden growth is not uncommon in the volatile world of cryptocurrency, it is rare and usually associated with major changes in the market or technological advancements.
How high will ICP rise in 2024?
According to DigitalCoinPrice data, the maximum price of ICP will reach $19 in 2024.
What is the value of Internet Computer in 2025?
According to PricePrediction's forecast, the price of Internet Computer will peak at $16.52 in 2025.
What will ICP be worth in 2030?
According to PricePrediction's forecast, the price of ICP is expected to reach a maximum of $109.87 in 2030.
What is the ICP price prediction for 2050?
PricePrediction believes that by 2050, the cost of ICP could reach a maximum of $7,394.
Is ICP a good currency to buy?
It is possible that with its solid technology, as the Internet Computer gains wider adoption, its price levels will reach new heights.
Conclusion
Internet Computer Protocol (ICP) is a revolutionary blockchain network that provides a decentralized, scalable, and efficient alternative to traditional IT infrastructure and cloud services.
ICP opens new possibilities for users and developers, allowing them to create and run applications on a decentralized platform, ushering in a new era of digital freedom and internet innovation. Its unique features also include speed, scalability, and governance.
Disclaimer: The information provided is not trading advice, and we accept no responsibility for any investments made based on this content. We strongly recommend conducting independent research or consulting qualified professionals before making any investment decisions.
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