🚨 $10,000 IN $ICP AT THE TOP WOULD BE WORTH ABOUT $30 TODAY.
WTF happened to Internet Computer?
ICP launched into absolute crypto mania in May 2021.
It briefly exploded above $700, making it one of the biggest tokens in the market.
Then reality hit.
The token collapsed more than 99%.
Today, ICP trades around $2.2 roughly 99.7% below its 2021 all-time high.
And there’s a bigger lesson here:
A great technology ≠ a great investment at any price.
ICP faced massive selling pressure, changing supply dynamics, brutal competition from other Layer-1 networks, and a collapse in the speculative premium surrounding the launch.
Its supply also changed dramatically over time, making the old $700 price psychologically misleading when comparing valuations today. ICP’s own dashboard tracks ongoing issuance, burns and supply changes.
The craziest part?
ICP is STILL building.
The project has proposed major tokenomics changes under “Mission 70” aimed at reducing issuance and increasing sustainable demand.
But investors learned the hardest lesson:
Buying the hype at the top can destroy a portfolio even when the underlying technology survives.
#ICP #Crypto #Bitcoin #Altcoins #CryptoNews