Gmgmgmgm Square Fam!
Today, the newsletter hits the 50th edition milestone of season 4, which accounts for 450+ daily news updates for the beloved binancians, year to date.
Here's to another phase of acceleration🫡
This is the 50th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer Protocol.
Today, we will dive into some exciting alpha from the ecosystem.
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
A healthy cool-off seems to be happening, while indicating the resilience of the 100EMA. If you notice the price action around this EMA, the wicks towards the upside indicate comparatively strong selling pressure at that level, which IMO is gud to know.
Now, into the numeric ranges.
Support: 5.3 - 5.6 USD
Resisstance: 5.8 - 6.0 USD
Other conditions: derivatives volumes are up by a staggering 70%, have an eye on that anon👀
As always, do note that this analysis is solely for educational purposes, so ensure you do the necessary due diligence🙏
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
Neurons Stats
Nice growth.
The network saw around 450 neurons being spawned within the last 24 hours.
Burn Stats
5.8K ICP, worth approximately 32K USD, vanished from the circulation supply, as of press time.
Let's go👀
Supply held by Octopuses | icterminal
Octopuses on ICP can be defined as retails who hold something between 100 - 500 ICP, and as you can see here is heading north.
As of now, 6.1M ICP are held by them.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 42 ICP
2️⃣BTC Flower --> 🔺42 ICP
3️⃣Peeladies --> 2.95 ICP
4️⃣icbucks by EgidoVal --> 1.73 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 75 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
➡️Motoko --> 0.086 USD @ 4.7M USD Marketcap (🔺5%)
➡️GLDT --> 1.1 USD @ 772K USD Marketcap (🔺2%)
🟣Losers
➡️Kinic --> 0.98 USD @ 6M USD Marketcap (🔻20%)
➡️ICLighthouse --> 0.03 USD @ 7.5M USD Marketcap (🔻12%)
➡️Sonic --> 0.05 USD @ 7.3M USD Marketcap (🔻10%)
5/ Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪2 Voting Proposals in the OpenChat SNS.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.3 Billion USD [🔻7.8%]
🟪TVL on ICP DeFi By DefiLlama: 42.5M USD [🔻3.1%]
Updates from the DFINITY Foundation🔮
➡️The latest panel discussion for WCS 2025 has been announced.
➡️A short video where the foundation had a discussion with the Liquidium team is live.
➡️ICPHUBS is all set to go live next Thursday with ICPHUB Singapore on all things DeFi and Artificial Intelligence, also sends love to ICPHUB US for being in the top 100 on Apple Podcasts.
6/ Updates from the ICP ecosystem
➡️ICPSwap to pause cryptoclouds pairs until the upgrade is completed.
➡️GoldDAO ships sneak peek of the latest upcoming video with the legendary Chris Yost.
➡️The network nervous system approves dragginzgame to become node providers on the Internet Computer, which should go live shortly, based in Monaco.
➡️junobuild wraps up live coding session on web workers, recording is live on YT.
➡️onicaiHQ ships an explanation on how a round of work in the Proof of Artificial Intelligence Work consensus algorithm works.
➡️ICToolkit surpasses 1 K+ proposals deployed through the tooling on the Internet Computer Mainnet.
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 #TradeLessons fam.
I'll see ya on Thursday [potentially] with your daily dose on ICP🫡
Until then, take care👋
