Gmgmgmgm Square Fam!
It's a wonderful new week and a shiny Monday☀️
Welcome to the 53rd 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
Meh😐 That was kind of aggressive profit-taking on the 1 D chart.
Now, directly to the numbers.
To the upside, the lookout is to chop for a couple of days in this fib level which is fib level 1, and to continue the leg up to 16 USD within this week.
Considering the macros, and the BTC events this week, hopefully, the tables will remain intact.
To the downside, I believe the max pain would be around 13.0 - 13.5 USD, before consolidating in that range, this would occur if we face rejection at around the 13.7 - 13.9 USD range.
Considering the historical levels from the VPVR indicator, this is kind of possible, but due to the nature of the cryptocurrency market, only time will tell. So we will have to wait while actively monitoring charts.
As always, NFA so DYOR⚡
2️⃣Onchain Stats
Sources: IC Dashboard and ICTerminal
🟪Internet Identity Count
Within the weekend, the IC was able to absorb around 4.9K entities into the ecosystem.
Send it ⚡
🟪Total Canister State
The IC saw massive inflows in terms of compute, from both of these charts.
So, thanks to this metric, we see 1 ICP being burned every 11 seconds, as of press time.
That's around 327 ICP burning every hour if the pace remains the same.
Now, let that sink in⚡
🟪Burned ICP Stats
Within the weekend, the ICP community and devs collectively burned 6.1K ICP worth 86K USD at these prices.
Dis metric up only ser⚡
🟪Neurons Stats
The pace continues.
The ICP neuron count saw an increase of 351 new neurons, ready for governance participation.
🟪Number of active addresses
According to this chart from icterminal, the IC saw around 8.4K addresses actively grinding on mainnet.
Full send⚡
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔻17.5 ICP
2️⃣BTC Flower --> 36.9 ICP
3️⃣ETH Flower --> 7.3 ICP
4️⃣Dcity--> 10.5 ICP
5️⃣Poked Bots by pokedstudiouk --> 🔻7 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00045 ckBTC
8️⃣Cubetopia Islands --> 9.5 ICP
9️⃣Distrikt PODs --> 1.2 ICP
🔟ICP flower --> 🔺9.9 ICP
Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️WindogeXP --> 0.000116 USD @ 105K USD Marketcap (🔺22.46%)
➡️Yuku --> 0.0105 USD @ 10.5M USD Marketcap (🔺5.8%)
➡️ICVC --> 1.2 USD @ 23.9M USD Marketcap (🔺2.1%)
🟣Losers
➡️Kinic--> 1.7 USD @ 10.4M USD Marketcap (🔻11.6%)
➡️Yral_app --> 0.0149 USD @ 15.4M USD Marketcap (🔻114%)
➡️Trax--> 0.00574 USD @ 5.8M USD Marketcap (🔻8%)
5️⃣Inside the ICVerse🧑🚀
🟪24 Voting Proposals in the NNS.
🟪8 Voting Proposals in the Yral SNS.
🟪2 Voting Proposals in the Kinic and Seers SNSs.
🟪1 Voting Proposal each in the Openchat, BoomDAO, and Sonic SNSs.
🟪TVL on NNS: 3.485 Billion USD [🔺28.3%]
🟪TVL on ICP DeFi By DefiLlama: 59.12M USD [🔻20%]
🟪Updates from the DFINITY Foundation🔮
➡️ICP will support Solana, Polkadot, Ripple, Cardano, Stellar Lumens, Monero, and Kusama chains via Chain Fusion integration.
➡️A short video where the foundation's CBO PierreSamaties, discusses the future of the IC with the legends Anton Golub and zamboglou at the Blockcast Podcast.
➡️The foundation is joining ETH Zürich's AI Center as an Industry Partner.
6️⃣Updates from the ICP ecosystem
➡️ Sonic ships proposal to transfer 1.7M tokens to increase LP in ICP and Bitfinity.
➡️Trax is live on CMC
➡️ Canistore ships the SNS proposal to the NNS.
➡️Juno ships support for Yarn and pnpm
➡️Elna announces completion of DeAI agent upgrades.
➡️Lendfiity announces mainnet faucet.
➡️icphub_CA to conduct Global Townhall on the 21st of December.
➡️icphub_TH to conduct an AMA session with NFIDWallet
➡️icphub_PL to commence BUILD THE FUTURE HACKATHON today, which will be completed on the 15th.
➡️ICPanda completes integration of oisy.
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 #BURNGMT fam.
I'll see ya tomorrow with your daily dose on ICP :)
Until then, Take care👋
