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Gmgmgmgm Square Fam!
Happy Friday :)

This is the 34th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
It's time for all things weekly across the network.

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🫶
Let's go🫡

1/ $ICP Price Action

Well, the price action has been consolidating for the past 2 weeks or so, in the weekly timeframe, within an important support zone.
As you can see here, increasing volumes still are nowhere to be found, hence reducing hopium of further acceleration beyond these ranges.
Also, RSI sitting at 36.5ish seems oversold, but only time can tell.
Now, into the number ranges.
Support: 4.3 -5.0 USD
Resisstance: 5.3 - 5.6 USD
Other conditions: Open Intert sitting at neutral zones, which is fine.
Now, we wait.

Now, we wait for some settlements around the macros and some liquidity inflows for alts.

Note that we are discussing long-term price action here, due to the massive volatility in the cryptocurrency market.
As always, remember to do proper research before aping in AS THIS IS NFA🙏

2/ Onchain Stats
Sources: ICP Dashboard, TokenTerminal, and ICTerminal

Internet Identity Count

Another week with exponential growth in the network, where we saw 4.1K entities onboarding the Internet Computer.
Let's go

Burned ICP Stats

The total burn count surpassed 1.6M since mercury genesis, which is impressive, while within this week, we saw 43.6K ICP, worth 205K USD, vanishing from the circulation supply.
Deflation is on its way💪

Number of new addresses | ICTerminal

Well, this accounts for another ATH in the history of the Internet Computer.
This week, the network saw an impressive 40.3K new, unique addresses being activated on Mainnnet.

Mcap vs Fees [Weekly] | tokenterminal

Hmm, not bad.
This week, the network was able to generate approximately 216K USD fees, which indicates steady fee generation compared to last week, while the marketcap ranged from 2.56B to 2.7 B.
3/ NFT Stats
Sources: DGDG and bioniq
1️⃣Motoko Ghosts --> 🔻36 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 🔺3.1 ICP
4️⃣icbucks by EgidoVal --> 1.75 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 50 ICP
6️⃣Goated Gamer by The_Swop --> 🔺3.5K sats ckBTC
7️⃣Motoko Sentinels--> 0.00049 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.5 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
Note: stats indicate weekly changes.
🟣Gainers
➡️Elna --> 0.017 USD @ 4.3M USD Marketcap (🔺253%)
➡️DecideAI_ --> 0.016 USD @ 16.1M USD Marketcap (🔺59%)
➡️WaterNeuron --> 0.1 USD @ 12.1M USD Marketcap (🔺55%)
🟣Losers
➡️Windoge98 --> 0.1 USD @ 994K USD Marketcap (🔻13%)
➡️ICPSwap --> 0.005 USD @ 5.3M USD Marketcap (🔻8%)
➡️KongSwap --> 0.028 USD @ 28.5M USD Marketcap (🔻5%)

5/ Inside the ICVerse🧑‍🚀
🟪2 Voting Proposals in the NNS.
🟪4 Voting Proposals in the ICLighthouse SNS.

Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.091 Billion USD [🔻5.4%]
🟪TVL on ICP DeFi By DefiLlama: 24.4M USD [🔻15.5%]

Updates from the DFINITY Foundation🔮
➡️The foundation ships a seamless, dark UI for Internet Identity.
➡️ICPHUB US shipped their latest episode of ICP United.
➡️OpenChat goes live in oisy.
➡️The Motoko tip for the week goes live.

6/ Updates from the ICP ecosystem
➡️The legendary Gekctek ships the RSA and JWT packages for the Motoko Programming Language.
➡️Kongswap ships new price prediction markets.
➡️onicaiHQ ships explanation on mAiner.
➡️dragginzgame ships weekly technical updates.

Well, that's all for today😇
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 #BinanceAlphaAlert fam.

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👋