As of December 18, 2023, Internet Computer (ICP) is riding high, reaching its highest point in 18 months at $9.30, following integration news with Bitcoin (BTC) and a moderate upturn post-Securities and Exchange Commission (SEC) concerns.
## Internet Computer Price Predictions (Dec 18, 2023):
### ๐ Short-Term (2023-2024):
- CoinCodex Prediction: $9.50 by Dec 23, climbing to $9.89 by Jan 17, 2024.
### ๐ 2024 Predictions:
1. Bitnation: $23.31.
2. PricePrediction.net: $11.35.
3. DigitalCoinPrice: $23.47.
### ๐ 2025 Predictions:
1. Bitnation: $32.64.
2. PricePrediction.net: $15.55.
3. DigitalCoinPrice: $32.62.
### ๐๐ 2030 Predictions:
1. Bitnation: $79.27.
2. PricePrediction.net: $104.71.
3. DigitalCoinPrice: $96.05.
## Google BardAI Price Prediction (Dec 18):
### ๐ Short-Term (2023-2024):
- Price Target: $10 to $20.
- Reasons: Volatility in the crypto market, ICP's new project status, potential for attracting developers and users.
### ๐ Medium-Term (2025-2030):
- Price Target: $20 to $50.
- Reasons: Successful addressing of challenges, increased demand for decentralized computing, potential to disrupt the internet infrastructure.
### ๐ Long-Term (2030-2040):
- Price Target: $50 to $200.
- Reasons: Becoming a dominant platform, growth of the metaverse, providing secure and efficient internet infrastructure.
๐ Recent Updates from Internet Computer (Dec 18):
- Launch of European Subnet: Enabling GDPR-compliant online services and applications.
๐ ICP Price History:
- Launched in May 2021, hit an all-time high of $750.73.
- Post-launch decline, reaching around $3.93 by the end of 2021.
- 2022 struggles, closing the year at $3.93, down nearly 85% YoY.
- 2023 recovery, hitting $11.79 on Dec 16.
๐ค Is Internet Computer a Good Investment?
- Encouraging recent performance, but concerns about harmful material online.
- ICP's coin hasn't revisited its initial highs.
- Research is crucial; price predictions can be wrong.
โ Will Internet Computer Go Up or Down?
- Uncertain; bullish long-term predictions, but caution is advised.
- Prices can fluctuate; consider potential risks.
๐ก Should I Invest in Internet Computer?
- Conduct thorough research on ICP and other coins.
- Invest only what you can afford to lose.
๐ค Founder of Internet Computer:
- Computer scientist Dominic Williams, founder of the DFINITY foundation.
๐ Top ICP Wallet Holders (Dec 18, 2023):
- Largest wallet holds 5.29% of the supply.
- Top 10 holders own 14.65% of the total supply.
๐ Supply and Distribution Figures (Dec 18, 2023):
- Total supply: 511,306,826 ICP.
- Circulating supply: 451,274,753 ICP (88.25% of total).
- Top 10 holders own 14.65% of the total supply.
โ๏ธ How Internet Computer Works:
- Internet Computer Protocol (ICP):
- A radical blockchain design.
- Connects independently operated nodes into blockchains.
- Hosts and executes "canisters," smart contracts on the IC.
๐ Internet Computer's Vision:
- A decentralized internet maintaining privacy, combating centralization, and disinformation.
- Recent surge with the launch of a European subnet.
๐ Whitepaper Insights:
- Internet Computer Protocol unleashes the full potential of smart contracts.
- Collection of cryptographic protocols connecting nodes into blockchains.
- Canisters, the IC's smart contracts, execute on these blockchains.
๐ Conclusion:
- Internet Computer's future looks promising but speculative.
- Recent advancements, European subnet launch, and bullish long-term predictions create an intriguing narrative.
- Investors urged to conduct in-depth research and evaluate risks before deciding. ๐๐ #ICP #CryptoInvesting๐ฐ๐๐ #BlockchainFuture #ICP/USDT #JojoDaily