Gmgmgmgm Square Fam!

Now this is what I call a charming Thursday😇

Welcome to the 24th episode of The #ICP Pulse Season 3, your daily dose of all things on $ICP

Presenting this week's 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

LFG Fam! It is time.

The price took the world by storm, as we created a massive bull candle this week, as last week's one was a small red candle, It was a bullish engulfing candle, indicating the strength and resistance of ICPeople.

Now, If we check on the VPVR indicator, there is not much resistance toward the upside, at least in terms of the weekly candle.

So, now my eyes are on taking over the 0.382 Fib level and completing this weekly candle from 9.93 USD to 10 USD.

Now, we wait.

As always, not financial advice, so DYOR🙂

Now we head to,

2️⃣Onchain Stats

🟪Internet Identity Stats

Very impressive.

within the week, over 2.8K users onboarded the Internet Computer Protocol.

🟪Burned ICP Stats

Bruh the burnoooors cooked so hard this week.

This resulted in this chart with a massive spike.

Speaking of numbers, 26K ICP worth 260K USD was burned from the circulation supply, forever.

They ain't coming back Fam🕊️

🟪ckBTC Total Supply

The BTC degens were not open to giving up that easily, so they gradually bought back 7.5 BTC along with them.

ckBTC allows users to stack sats in a decentralized manner, with minimal fees, and is much more secure than the Lightning network by default, thanks to the power of canister smart contracts, which are tamperproof by default.

🟪ckETH Total Supply

Same in terms of ckETH.

Around 30 ETH worth 75K USD was bridged into the IC within the week.

🟪Neurons Stats

The Neuron count crossed 320K, activating around 2K Neurons within this week, to help secure the IC's consensus algorithm, Proof of Useful Work [PoUW].

3️⃣NFT Stats

Sources: Toniq, Bioniq and Yuku

1️⃣Motoko Ghosts --> 🔻28.4 ICP

2️⃣BTC Flower --> 🔻35 ICP

3️⃣ETH Flower --> 9 ICP

4️⃣Pythagoras by icircle_nft--> 0.85 ICP

5️⃣Poked Bots by pokedstudiouk --> 🔻19.94 ICP

6️⃣Infinity Canisters by Bitfinity --> 21 ICP

7️⃣Motoko Sentinels--> 0.00083 ckBTC

8️⃣Cubetopia Islands --> 🔻13 ICP

9️⃣Modernistic Villas by Rentspaceco --> 4.5 ICP

🔟ICP flower --> 9 ICP

4️⃣Gainers and Losers

Source: ICPcoins

Note: As this is a weekly recap, the percentage indicated are within the weekly gains.

🟣Gainers

➡️Windoge98--> 0.7608 USD @ 7.4M USD Marketcap (🔺66%)

➡️Damonic--> 0.7044 USD @ 352K USD Marketcap (🔺56%)

➡️Motoko--> 160.34 USD @ 1.1M USD Marketcap (🔺46.2%)

🟣Losers

➡️Bob--> 0.1602 USD @ 477K USD Marketcap (🔻39.4%)

➡️DecideAI--> 0.0728 USD @ 56.9M USD Marketcap (🔻7.1%)

5️⃣Inside the ICVerse🧑‍🚀

🟪18 Voting Proposals in the NNS.

🟪2 Voting Proposals in the OpenChat SNS.

🟪1 Voting Proposal in the DecideAI SNS.

🟪TVL on NNS: 2.386 Billion USD [🔺6.56%]

🟪TVL on ICP DeFi By DefiLlama: 54.8M USD [🔺2.83%]

🟪JunoBuild SNS Swap is live.

• Minimum commitment: 1 ICP

• Maximum commitment: 200K ICP

• Current Commitment: 5.56K ICP

• Max Neurons' Fund Commitment: 126.1K ICP

• Total supply: 100M JUNOBUILD

• Supply Allocated for the SNS Swap: 30M JUNOBUILD

• Participants of the swap will receive 5 equal value neurons, each with a dissolve delay of 0,6,2,18 and 24 months respectively.

🟪DFINITY announced,

➡️A huge shout-out to icphub_KR for leading the IC innovation in Korea.

➡️A short video from a keynote speech conducted by Dom at token2049

➡️The R&D meeting September edition has been shipped

➡️Ed25519 signatures are live on the IC as part of the threshold Schnorr integration.

➡️An explanation of Execution errors has been published on the developer docs.

6️⃣Updates from the ICP ecosystem

Note: NFA again🙂

➡️Bitfinity is reportedly to launch mainnet in October.

➡️DecideAI will be staking 10K ICP on WaterNeuron.

➡️Catalyze to conduct a weekly contest series to support the most active community builders.

➡️Rentspaceco conducted their RWA gathering in Barcelona yesterday.

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 #BinanceLaunchpoolHMSTR Fam :)

Now go unplug those wallets, and revoke your permissions as we meet Sundayyy 🥳

I'll see ya next week with your daily dose on ICP🫡

Until then, Take care!