Gmgmgmgm Square Fam!
It's a slow flow Friday at the Pulse HQ today🏖️
Welcome to the 57th 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
This week was a very aggressive week, with higher volatility, although we are bouncing from the 14 EMA.
The IC saw a wick to as low as 10. 6 USD, before settling at 13.5 USD, as of press time.
In terms of numbers, the plan is to overtake the 14.1 -15.9 USD range, which kinda huge range, but should be able to takeover hopefully by next week.
What I anticipate is to chop in this 13.4 - 14 USD within the weekend to early Monday, and then continue the ladder, but only time will tell.
Now we wait⚡
As always, NOT FINANCIAL ADVICE, SO DYOR🫡
Now we head to,
2️⃣Onchain Stats
Sources: IC Dashboard, ICTerminal, Electric Capital 6th Developer Report and @Token Terminal
🟪Internet Identity Stats
This week the IC saw around 9.2K entities onboarding the eco.
That accounts for 🔺 +10% increment of this metric, compared to the previous week.
🟪Burned ICP Stats
The ICP community burned around 19.3K ICP worth 261K USD, that's a quarter million dollars burning within a weeeek🤯
🟪Mcap vs Fees [Weekly]
According to this chart from @Token Terminal , the IC was able to generate 387K USD in fees, while maintaining a steady marketcap.
Impressive⚡
🟪Stats from the Electric Capital Report
Electric Capital is a tier-1 VC in the space. They issue an annual developer report based on their findings regarding development activity.
According to their GP MariaShen, this year, they analyzed around 902M code commits and 1.7M Repos, and here are some interesting metrics on the Internet Computer.
🔵ICP ranked Number 2 In terms of the top 10 fastest-growing Ecos by full-time devs and 4th on monthly overall developers.
Only Behind Solana.
And finally, one of the most important metrics🥁
ICP Saw around 1.6K new devs onboarding while ranking in 4th this year.
🟪Number of New Addresses
According to this chart from icterminal, the IC oversaw around 12.7K new addresses activating on mainnet, as of press time, within this week.
3️⃣NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 19.89 ICP
2️⃣BTC Flower --> 36.9 ICP
3️⃣ETH Flower --> 7.3 ICP
4️⃣dcitynft--> 9.9 ICP
5️⃣Poked Bots by pokedstudiouk --> 6.97 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 0.00045 ckBTC
8️⃣Cubetopia Islands --> 9.5 ICP
9️⃣Distrikt PODs --> 1.2 ICP
🔟ICP flower --> 9.9 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
Note: weekly recap, this indicates weekly gains
🟣Gainers
➡️BoB --> 0.839 USD @ 9.3M USD Marketcap (🔺83.5%)
➡️Kongswap --> 0.0345 USD @ 34.5M USD Marketcap (🔺23%)
➡️ICLightHouse --> 0.153 USD @ 30.9M USD Marketcap (🔺7%)
🟣Losers
➡️Damonic --> 0.152 USD @ 76.2K USD Marketcap (🔻43.1%)
➡️Windoge98 --> 0.605 USD @ 5.9M USD Marketcap (🔻41.7%)
5️⃣Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪5 Voting Proposals in the Openchat SNS.
🟪3 Voting Proposals in the Kinic SNS.
🟪1 Voting Proposal each in the boomdaosns andgldrwa SNSs.
🟪TVL on NNS: 3.182 Billion USD [🔺1.3%]
🟪TVL on ICP DeFi By DefiLlama: 58.41M USD [🔺1.65%]
🟪Updates from the DFINITY Foundation🔮
➡️Today, the foundation announces an infographic on Chain Fusion.
➡️The foundation's kylelangham and JKim_Tran are all set to deep dive into The DeAI Mainfesto, which will be live on the 16th of December, 6 PM CET / 17:00 UTC on YouTube📺
➡️ICP ranks 2nd in the fastest growing ecosystems by full time devs according to ElectricCapital's annual developer report.
➡️Dominic Williams ships his thoughts on South East Asia's Digital Future on e27
➡️Dr JanCamenisch was at MissCryptoGER's latest episode where they discuss all things IC
Note: Podcast is on German
6️⃣Updates from the ICP ecosystem
➡️bitfinitynet to host a space with lendfinity to day 5 PM UTC, on X.
➡️OpenChat active users are up 6x YTD, according to TokenTerminal charts.
➡️dragginzgame ships explanation on DataWorld, which allows users to still retain the state of their game even after uninstalling or reinstalling🤯
➡️TheCubetopia to ship Alpha 2.0 version anytime soon.
➡️icphub_ID announces CryptoEights arrival at the Global townhall on the 20th of December.
➡️kinic_app's wyatt_benno will be at the Global Townhall
➡️RuBaRu_app publishes a thread explaining how they are revolutionizing the creator Economy.
➡️WaterNeuron's Papaya SNS sees 46.7K ICP entering the round, with 282 participants as of press time.
➡️AaronBremser ships explanation video on the latest updates on kongswap.
➡️realsixfig ships latest video on all things ICP DeFi
➡️ICPHUBS publishes the latest Chain Fusion talks episode which was captured at token2049 where CanessaEmilio shares his thoughts on the ICP Hubs Network.
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 #BinanceLaunchpoolVANA Fam :)
Now go unplug those wallets, and revoke your permissions as we meet the weekend 🥳
Btw, as I promised the quiz is here at the end🚀
I'll see ya next week with your daily dose on ICP🫡
Until then, Take care👋
