Gmgmgmgm to all Binancians on square🙂
This is the 53rd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer Protocol.
Today, we will look into the trenches for important alpha from 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 seems to have found a local bottom at this point, which IMO feels good.
This indicates the strong resistance offered by the 14 and 50EMAs, on a collective approach.
Also, RSI doesn't show any divergence yet, still following the price action's emphasis at this point.
Now, into the numeric ranges.
Support: 4.9 - 5.2 USD
Resisstance: 5.4 - 6.0 USD
Others: today, derivatives volume is sitting at 68M USD, with 24H rekt volume at a mere 41K USD, also funding rates are on their way to positivity.
For now, it's better to keep monitoring these crucial points, to study long term price action.
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
Wen 405K ser?
Soon, I guess.
Within the last 24 hours, the Internet Computer community spawned around 300 neurons to prepare for governance on the network.
Burn Stats
Nice, already headed to 1.9 M.
Within the last 24 hours, the network saw 6K ICP, worth 31.6K USD, evaporating from the circulation supply.
Active address stats | icterminal
Hmm, another small dip in this metric, IMO should rebound as macros improve.
As of press time, this accounts for 7.9K unique addresses actively roaming across the Internet Computer Mainnet.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 38.5 ICP
2️⃣BTC Flower --> 42.99 ICP
3️⃣Peeladies --> 2.95 ICP
4️⃣icbucks by EgidoVal --> 1.73 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 75 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.000489 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.7 ICP
🔟Charles by onicai --> 0.00058 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️ICLighthouse --> 0.039 USD @ 7.6M USD Marketcap (🔺10%)
➡️Kinic --> 0.92 USD @ 5.7M USD Marketcap (🔺9%)
➡️KongSwap --> 0.026 USD @ 26.7M USD Marketcap (🔺8%)
🟣Losers
➡️NFID --> 0.003 USD @ 6.9M USD Marketcap (🔻5%)
➡️Querio --> 0.032 USD @ 120K USD Marketcap (🔻3%)
➡️Sonic --> 0.05 USD @ 6.4M USD Marketcap (🔻2%)
5/ Inside the ICVerse🧑🚀
🟪4 Voting Proposals in the NNS.
🟪2 Voting Proposals in the GoldDAO SNS.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.12 Billion USD [🔺4.6%]
🟪TVL on ICP DeFi By DefiLlama: 40.4M USD [🔺4.3%]
Updates from the DFINITY Foundation🔮
➡️A panel discussion on chain fusion is scheduled to be conducted at WCS25
➡️The foundation is depreciating the ledger notify flow for cycles.
➡️The next tokenization working group meeting is scheduled today, at 17:00 CET
➡️This week's developer weekly update is live.
6/ Updates from the ICP ecosystem
➡️onicaiHQ ships the recording of their latest AMA
➡️GoldDAO is headed to WCS25
➡️DGDG ships Jumpstart to production.
➡️Lyfelynk will be live at this week's longue talk session by ICPHUBS.
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 #GENIUSAct fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
