đŁ ICP Skyrockets 12% in 24 Hours: Discover the Real World Value Behind the Surge
In the past 24 hours, ICPâs price surged by 12.32%, making it the talk of the day. Launched in May 2021, this token had lost 99.62% of its value by September 2023. Despite this, it still holds the 24th position on CoinMarketCap. Letâs explore why this token is so special.
đž ICP Helping Real World
Support to United Nations Blockchain Program
Unlike other cryptos that focus on staking rewards or governance, Internet Computer Protocol (ICP) aims to add real-world value. Just 10 days ago, ICP partnered with the United Nations Development Program (UNDP). Under this association, ICP will help UNDP develop a blockchain-based platform for Universal Trusted Credentials (UTC) in Cambodia.
ICP will provide the infrastructure to secure and manage UTC for UNDP. This project also has support from other major bodies like the Monetary Authority of Singapore.
đžPortugal Accelerator Program
In 2024, ICP introduced the ICP Hub Accelerator Program in Portugal. This program aims to assist early-stage blockchain projects in transforming from simple concepts to market-ready solutions. The goal is to develop a robust ecosystem for blockchain innovators.
Additionally, last month, ICP launched Verified Credentials (VCs) during the Digital Identity unConference in Zurich. This walletless solution allows the sharing of personal data efficiently and securely, maintaining privacy and control.
Recently, ICP invested in an IoT based blockchain RWA project, Piggycell. Piggycell is Koreaâs top power bank sharing service provider. It offers a decentralized platform that enables users to charge to earn.
đž The Technical Aspect
At the time of writing, Internet Computer Protocol is trading at $7.937, up 12.32% in the past 24 hours. The RSI is at 48.47 points, indicating a bullish sign. Shortly after its launch in May 2021, the crypto recorded its all-time high at $700.65. On September 13, 2023, it touched its lowest price point at $2.88. In the past 24 hours.
