Gmgmgm Square Fam!
It's a warm Wednesday today, at the Pulse HQ☀️
Welcome to the 36th 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🫶
Let's get into today's episode🚀
1️⃣ $ICP Price action
Meh, so apparently BTC is taking a cool off since the election hype, and this is what have caused the price to decline from the above resistance zone.
So, for your information let me teach you something about TA.
The more candles there are in a certain region, the stronger they become in terms of their actions.
so for example, if we consider the upper resistance zone indicated by the black box, you should notice how many times a rejection has occurred in this range, which makes it stronger and harder to crack.
now for the support zones, the more that range is tested, the more it becomes weak
Now back to the price action.
Atm, I am happy as long as we hold this range and sit around the 7.7 to 8 USD range.
If you notice the VPVR indicator, this range is also known as a high liquidity zone.
Now we wait.
As Always, NOT FINANCIAL ADVICE SO DYOR🫡
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
Lets go💪
The IC was able to absorb around 540 folks as of press time.
🟪Burned ICP Stats
Burning of ICP tokens has now gone to new heights🔥
Within the last 24 hours, around 6.5K ICP were swept away from the circulation supply.
Speaking of numbers, that's around 53K USD.
🟪ckBTC Total Supply
Hmm, ngl dis feels same like the BTC price action.
The BTC degens jeeted away as low as 206.4 BTC before rebounding to 216.8 BTC.
However, the overall Net Out flow sat around 9.57 BTC worth 813K as of press time.
🟪Neurons Stats
Hmm, the count has experienced a slight drop in terms of growth related to this metric, but that's fine.
It's probably related to this flash crash around price action.
As of press time, around 283 neurons were activated to help secure the IC's consensus algorithm.
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔺27.5 ICP
2️⃣BTC Flower --> 37 ICP
3️⃣ETH Flower --> 9 ICP
4️⃣Pythagoras by icircle_nft--> 1 ICP
5️⃣Poked Bots by pokedstudiouk --> 10.99 ICP
6️⃣ Goated Gamer by The_Swop --> 0.000026 ckBTC
7️⃣Motoko Sentinels--> 0.00058 ckBTC
8️⃣Cubetopia Islands --> 13 ICP
9️⃣Modernistic Villas by Nomadz_co --> 🔻4 ICP
🔟ICP flower --> 10 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️Sonic --> 0.0656 USD @ 8.3M USD Marketcap (🔺6.8%)
🟣Losers
➡️Taggr--> 1.96 USD @ 615K USD Marketcap (🔻25.2%)
➡️ICPSwap--> 0.0132 USD @ 13.1M USD Marketcap (🔻19.6%)
➡️IClighthouse--> 0.08 USD @ 16.1M USD Marketcap (🔻18.4%)
5️⃣Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪1 Voting Proposal each in the Seers and Openchat SNSs.
🟪4 voting proposals in the Yral SNS.
🟪1 voting proposal in the Catalyze SNS.
🟪TVL on NNS:1.968 Billion USD [🔻12.3%]
🟪TVL on ICP DeFi By DefiLlama: 49.34M USD [🔻8.83%]
🟪DFINITY announced,
➡️The Tomak, Beryllium, and Stellarator milestones are complete and live on Mainnet🚢
These updates feature Reduced Latency, Canister Smart Contract DevOps, and Improved Onchain Storage
➡️The newest kid on the block, CaffeineAI, where AI builds with humans.
➡️A release plan for the periodic confirmations feature is live, the community can include their feedback in the forum.
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️demali_icp has shipped a Regex Engine in Motoko👻
➡️icphub_BR's EduGuariglia to conduct a workshop today on the ICP for Brazilian folks.
➡️icphub_ID announces BLOCK-ED, a workshop on all things ICP on the 26th of Nov in Indonesia.
➡️icphub_PH to conduct Pitch & Innovate, an opportunity for entrepreneurs to pitch their deck to the world.
➡️WaterNeuron becomes the biggest DeFi Protocol on IC that holds ICP accounting for over 1.2M ICP tokens.
➡️Sonic announces that V3 of the protocol is almost ready and one-sided LP goes live today.
Users are encouraged to migrate their LPs to V3 asap.
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 #CPIUpdateOctober Fam.
I'll see ya on Friday with your Weekly recap on ICP :)
Until then, Take care👋
