GM Square Fam!
Wishing everyone on Square a wonderful Chinese New Year, may the force be with you🤝
Welcome to the 81st edition of
#ICP Pulse [Season 3], your daily dose of all things ICP.
Today, we will deep dive into alpha around TA, Onchain Stats, and ecosystem updates.
Let's go🫡
1/
$ICP Price Action
Well, as we are still consolidating in this range, it feels like it's just not time for the upside.
I believe that the following days would remain a consolidation between 8.3 - 9.0 USD before potentially taking off from the 9.0 USD benchmark.
Although the RSI is at 36.81, I think it is better to stay at least until it surpasses 40.
Now to the numbers.
Support Range: 8.5 -9.1 USD
Resisstance Range: 9.4 -10.6 USD
Other conditions: Open interest remains in the lowest ranges, and funding rates remained a solid 0.01% as of press time.
It's highly recommended to strongly observe charts as volatility might be on the way, thanks to FOMC.
As always, Remember to do your own research before aping in, AND THIS IS NFA🙏
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
🟪Internet Identity Count
Hmm. Although there is a slight dip, the ICP blockchain was able to still onboard a nice 842 entities to utilize the mainnet today.
🟪Burned ICP Stats
That was an impressive 7.2K ICP, worth 62.3K USD vanishing from the circulation supply, as of press time.
🟪Neurons Stats
Well, that accounts for 375 neurons being spawned to help secure the Internet Computer's consensus algorithm, while preparing for governance.
Just in case you are new here, Neurons are something similar to locked ICP baskets, that can be locked from a minimum of 6 months to an impressive 8 years to achieve voting power.
🟪Active Addresses within the last 24 hours
Well, the growth of active addresses does not seem to be stopping anytime soon.
This accounts for 11.8K addresses actively roaming across the ICP mainnet, according to this chart from icterminal.
3/ NFT Stats
Sources: toniqMarket, bioniqMarket and yukuapp
1️⃣Motoko Ghosts --> 24.8 ICP
2️⃣BTC Flower --> 29 ICP
3️⃣ETH Flower --> 6 ICP
4️⃣icbucks by EgidoVal --> 0.99 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 37 ICP
6️⃣Goated Gamer by The_Swop --> 2K sats ckBTC
7️⃣Motoko Sentinels --> 🔺0.000639 ckBTC
8️⃣Cubetopia Islands --> 7.99 ICP
9️⃣Distrikt PODs --> 2 ICP
🔟ICP flower --> 7.5 ICP
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️Querio --> 0.0654 USD @ 213K USD Marketcap (🔺28.2%)
➡️Windoge98 --> 0.235 USD @ 2.3M USD Marketcap (🔺22.6%)
➡️Elna --> 0.0184 USD @ 4.6M USD Marketcap (🔺5.7%)
🟣Losers
➡️ICGHOST --> 0.0001 USD @ 1.06M USD Marketcap (🔻34%)
➡️Alice --> 0.08 USD @ 3.3M USD Marketcap (🔻16.2%)
➡️Trax --> 0.00237 USD @ 2.4M USD Marketcap (🔻5.8%)
5/ Inside the ICVerse🧑🚀
🟪10 Voting Proposals in the NNS.
🟪3 Voting Proposals in the Openchat SNS.
🟪1 Voting Proposal in the Motoko SNS.
🟪TVL on NNS: 2.036 Billion USD [🔺3.5%]
🟪TVL on ICP DeFi By DefiLlama: 37.42M USD [🔻20%]
🟪NFID SNS Swap is live [Ends in 11 days, 7 hours]
NFID aims to be the go-to Web3 Wallet infrastructure.
➡️Minimum commitment: 10 ICP
➡️Maximum commitment: 100K ICP
➡️Overall commitment [including Neurons Fund]: 6.72K ICP
➡️Minimum direct commitment to complete the swap: 100K ICP
➡️Total supply: 2.13B NFIDW
➡️Supply allocated to the Swap: 434M NFIDW
🟣Participants of the swap will receive 6 equal value neurons, each with a dissolve delay of 0,2,4,6,8 and 10 months respectively
🟪Updates from the DFINITY Foundation🔮
➡️The latest thread of the 5 big things recap is now live.
➡️A short video where Dominic Williams explains how ICP allows self-sovereign hosting of web services.
➡️The foundation's Inter canister Event Utility working group is all set to discuss some exciting updates today at 18:00 UTC.
➡️An explanation of ICaiBus, a tooling that allows the distribution of different messages across web services on the Internet Computer is now live.
➡️An explanation of how to DYOR on an ICP canister Smart Contract is now live.
➡️The Decentralized Artificial Intelligence team of the foundation will be live tomorrow at 17:00 UTC at the foundation's discord for an office hour.
6/ Updates from the ICP ecosystem
➡️OpenFPL plans to integrate DecideAI_ soon to allow more space for unique humans.
➡️The Swop ships the latest episode of the blockchain sessions series with NFID.
➡️GoldDAO adds around 100K USD worth of LP across DEXes.
➡️Sonic adds LP to ckUSDT.
➡️WaterNeuron becomes the 2nd liquid staking protocol by holder revenue, according to DefiLlama.
➡️DGDG adds real-time metrics.
That's all for today!
And finally, before you go...
I've put a lot of effort and time into this series, so if you don't mind, please consider smashing that subscribe button.
This will help me provide you with more quality information, thank you🫶
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
#VVVonBinance fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, Take care👋