The #ICP Pulse - S03 E52 - 06/12/2024
Gmgmgmgm Square Fam!
It's a slow flow Friday at the Pulse HQ today🏖️
Welcome to the 52nd episode of The #ICP Pulse Season 3, your daily dose of all things on ICP
This is your 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
Hmm. what a beautiful scenario to look at 👏
The traders successfully handled the rejection yesterday, leading to this god-green candle.
Speaking of numbers, what I am looking to in terms of this week is to strongly hold within the 15-16 USD range, and also to complete the week with a candle closing at the range of 15.6-15.8 USD.
Once we take the 1 fib zone, the next stop is around 22 USD, which is a 35.9% increase, which should happen within the following weeks, if the tables stay intact.
The VPVR indicator has historically experienced little to no sell pressure, but that does not necessarily mean that things remain the same.
Remember, markets do not repeat themselves in the same phases but always rhyme.
Now, we wait⚡
As always, NOT FINANCIAL ADVICE, SO DYOR🫡
Now we head to,
2️⃣Onchain Stats
Sources: IC Dashboard, ICTerminal, and @Token Terminal
🟪Internet Identity Stats
As of press time, the IC was able to onboard around 8.3K entities into the eco.
This resulted in a 🔺+40% increment of this metric, since the last week.
🟪Burned ICP Stats
The ICP community continues to cook while burning more and more ICP tokens, as they push towards deflation.
As a result, around 29.7K ICP worth 446K USD was burned out from the circulation supply🔥🔥🔥🔥
🟪Mcap vs Fees [Weekly]
From this TokenTerminal chart, we can see that the IC steadily generated around 226K USD in fees within this week, while the FDV marketcap had steady growth.
🟪Number of New Addresses
As of press time, there were new 12K addresses activated on the Internet Computer Mainnet, within the week.
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔻18.84 ICP
2️⃣BTC Flower --> 🔺36.79 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 --> 1.5 ICP
🔟ICP flower --> 🔻8 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
Note: weekly recap, this indicates weekly gains
🟣Gainers
➡️Querio --> 0.169 USD @ 378K USD Marketcap (🔺86.4%)
➡️Kongswap --> 0.0281 USD @ 28.1M USD Marketcap (🔺37.4%)
➡️Windoge98 --> 1.04 USD @ 10.2M USD Marketcap (🔺36.3%)
🟣Losers
➡️WaterNeuron--> 0.404 USD @ 47.1M USD Marketcap (🔻8.4%)
➡️DecideAI--> 0.0513 USD @ 50.3M USD Marketcap (🔻2.3%)
5️⃣Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪4 Voting Proposals in the Yral SNS.
🟪2 Voting Proposals in Openchat SNS.
🟪1 Voting Proposal each in the ICLighthouse,gldrwa, and Kinic SNS.
🟪TVL on NNS: 3.485 Billion USD [🔺28.3%]
🟪TVL on ICP DeFi By DefiLlama: 74.36M USD [🔺20.89%]
🟪Updates from the DFINITY Foundation🔮
➡️icpp art NFT is live at bioniq.
➡️An explanation of the Bitcoin Integration.
➡️kristoferlund ships an explanation on how to build an ICP app that uses Ethereum via Chain Fusion.
➡️A huge shoutout to the legends fxgst, domiwoe, cryptoschindler, pe4enable and VinayakKaira2 for their mentorship provision for the ChainFusion Hacker house at EFDevcon.
6️⃣Updates from the ICP ecosystem
➡️The_Swop announces phillyflyboy as the next special guest to the DAO-Liday Party.
➡️icphub_PL completes ICP workshop with over 100+ participants.
➡️junobuild ships the latest version to the latest frameworks and also enables support for Chinese.
➡️bitfinitynet ships the latest blog episode explaining Bitcoin prediction markets.
➡️ICPSwap ships detailed data dashboards and emoji stickers pack or TG.
➡️OmnityNetwork is live at inscribAtlantis today
➡️Sonic commences LP migration to v3✈️
➡️trax to conduct Live AMA with the legend jerrybanfield today at 17:00 UTC
➡️Querio ships the latest updates on their whitepaper, AI platform, and offline mode.
➡️Plug wallet ships built-in browser to mobile wallets across Android and iOS.
➡️Lyfelynk ships a sneak peek on their upcoming MVP.
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 #BTCRecoveredTo97K Fam :)
Now go unplug those wallets, and revoke your permissions as we meet the weekend 🥳
Btw, as I promised the quiz is here and will be live every Friday🤩
I'll see ya next week with your daily dose on ICP🫡
Until then, Take care👋