GM Binancians!
This is the 65th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will deep dive into all things weekly.
Buckle up, Let's go🏇
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 macros decided to nuke it, which led to the upside wick and the current red territorial situation.
As of now, its better to observe the macro economics, rather than aping into anything.
But, for some context, here are the ranges that you should keep your eyes open, in terms of weekly.
Support range : 5.0 - 5.5 USD
Resisstance: 5.6 - 7.1 USD, along with the 14EMA
Others: derivatives volumes are up by 10%, which accounts for 192.5M, but funding rates are headed towards negative territory, which is kind of concerning and reflects the effects from macro.
As always, remember to do proper research before aping in AS THIS ANALYSIS IS SOLELY FOR EDUCATIONAL PURPOSES, AND IS NFA🙏
2/ Onchain Stats
Sources: ICP Dashboard, TokenTerminal, and ICTerminal
Neurons Stats
Within this week, the Internet computer saw 2.25K neurons being spawned to paticipate in decentralized, autonomous governance on the network.
Burned ICP Stats
This week accounted for 28.6K ICP, worth around 154.6K USD vanishing from the circulating supply.
Mcap vs Fees | TokenTerminal
An impressive crossover, which is nice to see :)
Within this week, the network was able to generate 165.6K USD in network fees, while maintaining the marketcap between 2.6 - 3.2B USD, as of press time.
Shark Accumulation | icterminal
As of press time, the sharks hodl 11M ICP, worth 60.5M USD, which accounts for 2% of the current circulating supply.
Take notes fam✍️
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔻39 ICP
2️⃣BTC Flower --> 44 ICP
3️⃣Peeladies --> 2.95 ICP
4️⃣icbucks by EgidoVal --> 1.8 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 🔻49.9 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.0004 ckBTC
8️⃣Cubetopia Islands --> 🔺16 ICP
9️⃣Distrikt PODs --> 🔺2.9 ICP
🔟Charles by onicai --> 0.00065 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
Note: stats indicate weekly changes.
🟣Gainers
➡️ICPanda --> 0.004 USD @ 4.9M USD Marketcap (🔺86%)
➡️Motoko --> 0.1 USD @ 5.5M USD Marketcap (🔺45%)
➡️BoB --> 0.53 USD @ 9.8M USD Marketcap (🔺33%)
🟣Losers
➡️NFID --> 0.0017 USD @ 3.8M USD Marketcap (🔻29%)
➡️Origyn --> 0.002 USD @ 28.3M USD Marketcap (🔻15%)
➡️ICFC --> 0.0114 USD @ 1.1M USD Marketcap (🔻8%)
5/ Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪1 Voting Proposal in the OpenChat SNS.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.279 Billion USD [🔻3.3%]
🟪TVL on ICP DeFi By DefiLlama: 41.9M USD [🔻10.4%]
Updates from the DFINITY Foundation🔮
➡️This week, caffeine's waitlist was opened officially, with invitations to be sent on a rolling basis.
➡️The official vetkeys library for the Motoko programming language is live.
➡️Vetkeys to be shipped to production later this month.
➡️The Motoko extension for the Zed editor is live.
➡️oisy to add support to BoB soon.
➡️ICPHUB US shipped the latest episode of ICP united, covering all things from the Bitcoin Conference.
➡️ICPHUB SG's legendary Pengu Aaron shares his thoughts on Caffeine, also ships tutorial.
➡️ICPHUBS published updates on WCS25
➡️Dr. Jan Camenisch conducted a session on ICP at KTH Royal Institute of Technology, Sweden.
➡️The foundation's kristoferlund publishes vetkeys tutorial.
6/ Updates from the ICP ecosystem
➡️DecideAI_ working on multichain identity support, expanding beyond the Internet Computer.
➡️ICPSwap completes v3.6 audits.
➡️dragginzgame open sources Mimic tooling, a blazingly fast DB like solution for the Internet Computer, also to ship weekly update later today.
➡️OmnityNetwork was live at Philippine Blockchain Week.
➡️Cycleops added support for canister history tracking through the tooling.
➡️onicaiHQ shipped the essential steps around funnai this week.
➡️ICToolkit shared the 2025 roadmap for the tooling.
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 #MarketPullback fam.
And I almost forgot, look forward to the weekly educational quiz shortly😉
Unplug those wallets, and revoke your permissions as we meet the weekend 🥳
I'll see ya next week with your daily dose on ICP🫡
Until then, take care👋
