The ICP coin! It's the native cryptocurrency of the Internet Computer Protocol (ICP), a blockchain network that aims to create a decentralized, scalable, and secure internet.¹
The ICP coin is used for various purposes, including:
- *Governance*: ICP holders can participate in voting on proposals for the network's development and upgrades.²
- *Utility*: ICP is used to pay for computations, storage, and other resources on the network.
- *Staking*: ICP holders can lock their coins to participate in the network's validation process and earn rewards.
As of today, the ICP coin price is around $13.47.³ Its market capitalization is approximately $6.40 billion, ranking it #26 among all cryptocurrencies.
The Internet Computer Protocol has gained significant attention in the crypto space due to its innovative approach to decentralized computing and its potential to disrupt traditional cloud computing services.