Gmgmgmgm Square Fam!

Welcome to the 12th episode of The #ICP Pulse Season 3, your daily dose of all things on $ICP

Now, without further ado, Let's get into today's episode🚀

1️⃣ $ICP Price action

Meh.

The profit-taking continues for the 3rd consecutive day.

Although we are also halfway from the previous green candle, I believe this is still a healthy flush.

So, to confirm this I headed to the coinglass ICP futures Open Interest Chart👇

So, as you can see here, we are just getting started as the progression of both trend lines themselves indicated a rally towards the upside.

Ok, back to the chart.

So, today, compared to yesterday, there was a drop in sell volume, while MACD remained neutral.

Do also note the golden cross which is likely to be formed by the 14 and 50 EMAs in the first chart.

Now we take notes and wait✍️

As always, NFA so DYOR 🙂

Now we head to,

2️⃣Onchain Stats

🟪Internet Identity Stats

Wow!

A beautiful parabolic curve🤩

Within the last 24 hours, the IC was able to onboard around 720 entities into the ecosystem.


🟪Burned ICP Stats

The ICP burn count continues its rapid burn process, resulting in a burn of 18.9K ICP worth 159K USD.

🟪ckETH Stats

So the degens became interested in Oisy wallet and decided to bring 26.7 ETH into the IC.

In case you are new here, ckETH is the wrapped version of ETH in the IC, but in a more decentralized manner, with no intermediaries involved, where canister smart contracts handle the technical stuff.

So, in this case, you can deposit native ETH into a canister, where once the required confirmations on ETH have been completed, the canister will send you the ckETH to the corresponding principal ID on the IC.

🟪Neurons Stats

Hmm.

Today, there was a drop in neuron count, where only 152 neurons were activated.

This was likely caused by the BoB frenzy, and once the jeets get on track, this metric should be fixed.

It's just a matter of time, so now we will have to wait.

3️⃣NFT Stats

Source: Toniq, Bioniq and Yuku

1️⃣Motoko Ghosts --> 🔺29.9 ICP

2️⃣BTC Flower --> 45 ICP

3️⃣ETH Flower --> 12.7 ICP

4️⃣Pythagoras by icircle_nft--> 0.85 ICP

5️⃣Poked Bots by pokedstudiouk --> 12.89 ICP

6️⃣Infinity Canister by Bitfinity --> 22 ICP

7️⃣Motoko Sentinels--> 0.00094 ckBTC

8️⃣Cubetopia Islands --> 14 ICP

9️⃣Modernistic Villas by Rentspaceco --> 🔺6 ICP

🔟ICP flower --> 🔻11 ICP

4️⃣Gainers and Losers

Source: ICPcoins

🟣Gainers

➡️ICLighthouse--> 0.0759 USD @ 10.6M USD Marketcap (🔺12.89%)

➡️BoomDAO--> 0.0018 USD @ 1.4M USD Marketcap (🔺10.19%)

🟣Losers

➡️BOB--> 0.7830 USD @ 1M USD Marketcap (🔻26.76%)

➡️ICPCC DAO--> 0.2983 USD @ 188K USD Marketcap (🔻23.4%)

➡️Windoge98--> 0.4983 USD @ 4.8M USD Marketcap (🔻18.6%)

5️⃣Inside the ICVerse🧑‍🚀

🟪 3 Voting Proposals in the NNS.

🟪 2 Voting Proposals in the Openchat SNS.

🟪 4 Voting Proposals in the Yral SNS.

🟪TVL on NNS: 2.034 Billion USD [🔺0.09%]

🆕TVL on ICP DeFi By DefiLlama: 49.14M USD

🟪DFINITY announced,

➡️ICP Fam is warmly invited to join the foundation members at AI2049: token2049's AI event.

➡️AgentJS 2.1.0 has been shipped🚢

➡️ICP Liquid Staking is officially live on meta_pool

6️⃣Updates from the ICP ecosystem

Projects covered: Origyn, ICLighthouse, ICPSwap, JunoBuild, GoldDAO and Dragginz
Note: NFA again🙂

➡️Staking more than 888 OGY for 5 years in the NNS now unlocks exclusive access to the 5-Year club with benefits such as Private chats with the core team and exclusive merch.

➡️The BOB/ICP pool is now open on ICLighthouse's ICDEX and ICPSwap

➡️JunoBuild CLI now allows coding Rust ICP functions, which are now automatically mapped into the front end of the dApp.

➡️The GoldDAO team is headed to token2049

➡️The Dragginz team officially announces the Dragginz Foundation with a teaser video.

So, here I wrap up for the day.

Hats off for staying this far🫡

You can share this with the #BinanceLaunchpoolHMSTR fam who might lack some ICP Alpha.
I'll see ya tomorrow with your weekly recap on ICP🫡

Until then, take care✌️