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Well, well. Its slow flow Friday at The Pulse HQ as degens prepare for the weekend🫡
Gmgmgmgm Everyone!
This is The 69th episode of The #ICP Pulse [Season 3], your daily dose of all things ICP.
Presenting your weekly recap🙂
Today, we will dive into advanced alpha on on-chain metrics and important ecosystem updates.

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🚀

1/ $ICP Price Action

This week was kinda meh thanks to BTC's sloppy reaction.
What makes the scenario still good and bullish is the price action steadily holding the 10.6 -10.9 USD range.
So for the numbers, in terms of the weekly chart.
Support: 10.5 - 11.1 USD
Resistance: 11.7 -12.2 USD
Other Conditions: Hold this weekly range between 10.5 -11.1 USD, and then continue the upside, possibly from next Monday.
Reasons: Deleveraging is complete according to coinglass metrics, in addition, the Futures pair on Binance held positive funding rates as of press time.
Now, we wait 🫡
As always, Not Financial Advice, So DYOR🫡

2/ Onchain Stats
Sources: IC Dashboard TokenTerminal and ICTerminal

🟪Internet Identity Count

Another brilliant week on its way towards completion👏
Within this week, the IC was able to absorb an impressive 8.1K entities.
This metric is up by 64%, compared to the previous week.

🟪Burned ICP Stats

Another firey week on the Internet Computer comes to an end.
Within the week, the ICP community and devs were able to collectively burn 52.4K ICP, worth 561K USD.
Impressive.

🟪Canister Stats

Despite macros and many other uncontrollable factors, the developers on the IC seem not to be stopping anytime soon.
Within this week, they were able to activate 9K canisters to expand use cases on the blockchain.

🟪Mcap vs Fees [Weekly]

According to this chart from TokenTerminal, the IC was able to generate an impressive 608K USD in fees, within this week.

🟪Number of New Addresses

According to this chart from icterminal, the IC saw around 15.4K new addresses being activated within the week, slightly down compared to the last week.

3/ NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 🔺28 ICP
2️⃣BTC Flower --> 🔻29 ICP
3️⃣ETH Flower --> 🔻6 ICP
4️⃣icbucks by EgidoVal--> 1.19 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 37 ICP
6️⃣ Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels--> 🔺0.00069 ckBTC
8️⃣Cubetopia Islands --> 9.5 ICP

9️⃣Distrikt PODs --> 2.4 ICP
🔟ICP flower --> 7 ICP

4/ Gainers and Losers
Source: ICPcoins and ICPTokens
Note: weekly recap, indicates weekly gains
🟣Gainers
➡️Elna --> 0.0433 USD @ 10.9M USD Marketcap (🔺35%)
➡️ICVC --> 1.2 USD @ 24.0M USD Marketcap (🔺24.6%)
➡️ICP CC --> 0.222 USD @ 222K USD Marketcap (🔺12.5%)

🟣Losers
➡️cryptocloudsicp --> 0.00242 USD @ 968K USD Marketcap (🔻35.8%)
➡️Windoge98 --> 0.727 USD @ 7.1M USD Marketcap (🔻27.5%)
➡️Taggr --> 1.68 USD @ 529K USD Marketcap (🔻19.78%)

5/ Inside the ICVerse🧑‍🚀
🟪3 Voting Proposals in the NNS.
🟪6 Voting Proposals in the OpenChat SNS.
🟪4 Voting Proposal in the Yral SNS.

🟪TVL on NNS: 2.420 Billion USD [🔻4.23%]
🟪TVL on ICP DeFi By DefiLlama: 48.84M USD [🔻1.809%]

🟪ICTO SNS Swap is live [Ends in 1 day, 12 hours]
ICTO aims to allow the automation of tasks related to tokenomics.

➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 20K ICP
➡️Overall commitment [including Neurons Fund]: 38.5K ICP
➡️Minimum direct commitment to complete the swap: 40K ICP
➡️Total supply: 1B ICTO
➡️Supply allocated to the Swap: 250M ICTO

🟣Participants of the swap will receive 5 equal value neurons, each with a dissolve delay of 0,3,6,9 and 12 months respectively

🟪Canistore SNS Swap is live [Ends in 4 days, 7 hours]
CANI is an ecosystem of dapps and services to revolutionize the creator economy.

➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 20K ICP
➡️Overall commitment [including Neurons Fund]: 8.39K ICP
➡️Minimum direct commitment to complete the swap: 50K ICP
➡️Total supply: 1B CANI
➡️Supply allocated to the Swap: 200M CANI
🟣Participants of the swap will receive 4 equal value neurons, each with a dissolve delay of 0,6,12 and 24 months respectively

🟪 FomoWell SNS Swap is live [Ends in 8 days, 7 hours]
Fomowell aims to be the fair launch platform for Web3 projects on the ICP blockchain.

➡️Minimum commitment: 1 ICP
➡️Maximum commitment: 100K ICP
➡️Overall commitment [including Neurons Fund]: 23.5K ICP
➡️Minimum direct commitment to complete the swap: 20K ICP
➡️Total supply: 1B WELL
➡️Supply allocated to the Swap: 200M WELL
🟣Participants of the swap will receive 3 equal value neurons, each with a dissolve delay of 0,3 and 6 months respectively
NFA SO DYOR 🤝

🟪Updates from the DFINITY Foundation🔮
➡️ICP tops blockchain based on fee growth in Q1 and Q2 2024, according to tokenterminal metrics.
➡️An explanation on Chain Fusion is live on Dev docs.
➡️The foundation is all set for Davos Decentralized and CFC St Moritz

6/ Updates from the ICP ecosystem
➡️Omnity Network ships explanation on REE
➡️Oisy to ship version 0.2 soon
➡️Origyn publishes a blog explaining how they are working on RWA authentication
➡️BoomDAO completes burning event 3
➡️Bitomni ships weekly dev update
➡️Codegov's libertluca ships a tooling that allows storage on the IC via TG.
➡️PersonalDAO to ship new updates soon.
➡️ICPCC completes this month's public DAO meeting.

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 to our #NFPCryptoImpact fam.
Now go unplug those wallets, and revoke your permissions as we meet the weekend 🥳
Btw, stay tuned for today's educational quiz✌️

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

Until then, Take care👋