Gmgmgmgm Square Fam!
This is the 42nd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will deep dive into some network alpha.
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, no change so far.
Here are the key levels the eyes are laser-focused atm.
Support: 4.8 - 5.4 USD
Resistance: 5.5 - 5.8 USD
Others: derivatives trading volume is still up by 17% while maintaining net positive funding rates across major liquidity hubs.
Liquidations overall are sitting at record lows, which is also interesting, but the price action is now consolidating with the 14 EMA, which is kind of concerning.
For now, we wait.
As always, remember to do proper research before aping in AS THIS ANALYSIS IS SOLELY FOR EDUCATIONAL PURPOSES, AND IS NFA🙏
2/ Onchain Stats
Neurons Stats
Within the last 24 hours, the network has overseen at least 350 neurons being spawned to prepare for autonomous governance.
Yep, once a proposal passes on ICP with the majority, it gets executed automatically, so yes, not your average L1 😉
Burn Stats
Cycle costs and TX fees are strongly competing against each other, which is impressive.
Within the last day, ICP saw 7.3K ICP, worth around 35.8K USD, vanishing from the circulation supply.
Active addresses | icterminal
Nice, resistance is the key to acceleration.
Within the last 24 hours, 9.1K unique addresses were actively roaming across the mainnet.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔻39.2 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 3 ICP
4️⃣icbucks by EgidoVal --> 1.75 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 60 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
🟣Gainers
➡️ICVC --> 1.08 USD @ 21.6M USD Marketcap (🔺30%)
➡️Sonic --> 0.08 USD @ 10.3M USD Marketcap (🔺16%)
➡️NFID --> 0.004 USD @ 8.6M USD Marketcap (🔺12%)
🟣Losers
➡️ICPEx --> 0.007 USD @ 7M USD Marketcap (🔻16%)
➡️GoldDAO --> 0.022 USD @ 22.4M USD Marketcap (🔻12%)
➡️ICExplorer --> 0.007 USD @ 7.6M USD Marketcap (🔻9%)
5/ Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪8 Voting Proposals in the Dragginz SNS.
🟪2 Voting Proposals in the ICFC SNS.
🟪TVL on NNS: 1.139 Billion USD [🔻4.2%]
🟪TVL on ICP DeFi By DefiLlama: 37.7M USD [🔻1.5%]
Updates from the DFINITY Foundation🔮
➡️The foundation's CBO, Pierre Samaties, is headed to Binance Clubhouse.
➡️An explanation on how to explore the newly revamped ICP dashboard is live.
➡️The foundation will be live at the Crypto Valley Conference, in Zug
➡️A new topic for panel discussions on the upcoming World Computer Summit was published.
➡️The visionary Dominic Williams shares his thoughts on the ongoing EU regulations around blockchain technology.
➡️The upcoming Decentralized Artificial Intelligence working group meeting has been scheduled, more info in the forum.
➡️Internet Computer ranks No. 2 within santiment's dev activity charts within the last month.
➡️Oisy ships version 1.4 to production, adds support for Base and BNB Chain.
6/ Updates from the ICP ecosystem
➡️GoldDAO will be live with oisy at Binance Clubhouse.
➡️Sonic, to add support to the Solana Network, also locks 20M governance tokens.
➡️The legendary Gekctek ships a new package for the Motoko programming Language.
➡️PersonalDAO is all set for the upcoming May Town Hall program.
➡️ICPCC to conduct public meeting next Thursday.
➡️ICToolkit adds support for push notifications.
➡️ICPanda to ship Anda DB, a Rust-based database library for Artificial Intelligence agents.
Well, that's all for today😇
Thanks 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 #AirdropSafetyGuide fam.
I'll see ya tomorrow with your daily recap on ICP🫡
Until then, take care👋
