Gmgmgmgm Square Fam!
It's a slow flow Friday at the Pulse HQ today🏖️
Welcome to the 42nd 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
Ahem. BTC's power has now finally landed into the IC.
Atm, we are changing hands at 9.6 USD, and if the setup remains intact hopefully the IC should crack 10 USD within the next couple of hours.
What's crucial within this week is to still to this level, while absorbing as much as volume as possible.
Just in case the bear scenario, sits below 9.0 - 8.8 USD in the near short term.
VPVR also indicates that this is a lowkey bullish zone that should be able to overtake with a little effort.
Now, we wait and here is some 🍿
AS ALWAYS, NOT FINANCIAL ADVICE, SO DYOR🔮
Now we head to,
2️⃣Onchain Stats
Sources: IC Dashboard, ICTerminal, @TokenTerminal and @SantimentFeed
🟪Internet Identity Stats
The IC continue to absorb as much as entities to the eco, as market sentiment turns positive.
Within the week, over 3.4K entities onboarded the spaceship and its going up only📈
🟪Burned ICP Stats
Broooo🤯
The devs and the community continue to cook harder than ever, while devs burn ICP to fuel up their canisters, the community burned their ICP to mine Blockchain on Blockchain applications.
Speaking of numbers, around 42.7K ICP worth 410K USD at these prices [ that's almost a half a million USD 🫡] were burned out of the circulation supply.
🆕🟪Price vs Active Addresses vs Dev Activity Stats
This chart was captured from @SantimentFeed , so as you can see here the active addresses are soaring along with the dev activity in the network taking a huge leap as the price action settles after the previous flush.
Yes these metrics don't correlate to each other, but I wanted you to get a better understanding on the big picture on where the IC is heading to in the long term.
🟪Mcap vs Fees [Weekly]
According to this chart from @TokenTerminal , the IC was able to generate a staggering 310K USD through fees, which is very gud and hits a new high after approximately 60 days.
🟪Number of New Addresses
If we inspect this chart from icterminal, this weeks new address count nears 10.3K, which is just 3K away hitting an ATH.
This should pickup with the next leg to the upside.
Send it🫡
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔻22.9 ICP
2️⃣BTC Flower --> 🔻40 ICP
3️⃣ETH Flower --> 🔻8 ICP
4️⃣Dcity--> 12.5 ICP
5️⃣Poked Bots by pokedstudiouk --> 10.4 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00058 ckBTC
8️⃣Cubetopia Islands --> 12 ICP
9️⃣Modernistic Villas by Nomadz_co --> 4.5 ICP
🔟ICP flower --> 9.9 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
Note: weekly recap, this indicates weekly gains
🟣Gainers
➡️BOBDotFun --> 0.3186 USD @ 3M USD Marketcap (🔺64.8%)
➡️Yral --> 0.0135 USD @ 13.9M USD Marketcap (🔺33.15%)
➡️Sonic --> 0.0679 USD @ 8.6M USD Marketcap (🔺28.8%)
🟣Losers
➡️ICLighthouse--> 0.0670 USD @ 13.5M USD Marketcap (🔻22.8%)
➡️CTS_SYSTEM--> 0.0738 USD @ 1.4M USD Marketcap (🔻919.7%)
➡️Magic Conch Shell--> 5.37 USD @ 53.6K USD Marketcap (🔻18.8%)
5️⃣Inside the ICVerse🧑🚀
🟪1 Voting Proposal in the NNS.
🟪3 Voting Proposals in Openchat SNS.
🟪1 Voting Proposal each in DecideAI, gldrwa and ICLightHouse SNSs.
🟪TVL on NNS: 2.322 Billion USD [🔺7.25%]
🟪TVL on ICP DeFi By DefiLlama: 51.48M USD [🔻1.71%]
🟪Updates from the DFINITY Foundation🔮
➡️Over 1K ETH has onboarded the ICP in the last 6 months.
➡️The foundation along with CV_Labs to host the Glühwein meetup on the 4th of December in Zug, with frens from WaterNeuron, Kongswap, GoldDAO and Lendfinity.
➡️Oisy wallet now allows to add ICRC tokens without Index canisters.
➡️PocketIC, a test suite on the IC is now available in python🐍
➡️DEXToolsApp completes integration of the ICP network.
6️⃣Updates from the ICP ecosystem
➡️junobuild completes integration of stripe, facilitating canister topups.
➡️icphub_IN completes their ICP developer workshop, conducted by the host abhinav_flick.
➡️GoldDAO completes the integration of its governance token to CMC
➡️DecideAI shares a video from this years icp_cc conference.
➡️Elna AI to ship Automatic Speech recognition for their AI agents.
➡️ICPswap completes integration on dexscreener.
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 #SOLHitsATH Fam :)
Now go unplug those wallets, and revoke your permissions as we meet the weekend 🥳
I'll see ya next week with your daily dose on ICP🫡
Until then, Take care👋